BP Entities definition
Examples of BP Entities in a sentence
None of the BP Entities have taken, directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Partnership to facilitate the sale or resale of the Units.
Each of the BP Entities (other than BP Pipelines) (the “Delaware BP Entities”) is validly existing and in good standing as a limited partnership or limited liability company, as the case may be, under the laws of its jurisdiction of organization, with the limited partnership or limited liability company power, as the case may be, to own or hold its properties and conduct its business as described the Registration Statement, the Disclosure Package and the Prospectus.
The documents required to be delivered by this Section 6 shall be delivered at the office of ▇▇▇▇▇▇ & ▇▇▇▇▇▇ L.L.P., counsel for the BP Entities, at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Houston, Texas 77002, on the Closing Date.
Each of the BP Entities has been duly formed or incorporated and is validly existing as a limited partnership, limited liability company or corporation, as applicable, in good standing under the laws of its jurisdiction of organization with all requisite limited partnership, limited liability company or corporate power and authority, as applicable, to enter into and perform its obligations under this Agreement and the Transaction Documents to which it is a party.
Each of the Delaware BP Entities has all requisite limited partnership or limited liability company power and authority to execute and deliver each of the Underwriting Agreement and the Transaction Documents to which such Delaware BP Entity is a party, as applicable, and to perform its respective obligations thereunder.