Common use of Limited Partner Interests Clause in Contracts

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 146,644,071 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 146,677,459 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 ), 106,407,019 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereofJanuary 21, 2013) 131,309,840 90,371,061 LP UnitsUnits and 7,974,750 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Buckeye Partners, L.P.

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereofJanuary 25, 2011) 131,309,840 79,714,307 LP Units, including 11,762,623 LP Units owned by the Selling Unitholder; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 97,427,064 LP UnitsUnits and 8,160,943 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 115,032,019 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereofApril 13, 2011) 131,309,840 80,354,501 LP UnitsUnits and 6,915,725 Class B units; such LP Units and Class B units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units and Class B units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 ), 116,247,887 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

Limited Partner Interests. The limited partners of the Partnership hold common units representing limited partner interests LP Units in the Partnership (“LP Units”) aggregating a 100% limited partner interest in the Partnership, represented by (as of the date hereof) 131,309,840 ), 119,237,887 LP Units; such LP Units are the only limited partner interests of the Partnership that are issued and outstanding; all of such LP Units have been duly authorized and validly issued pursuant to the agreement of limited partnership of the Partnership, as amended and restated to the date hereof (the “Partnership Agreement”), and are fully paid and nonassessable (except to the extent such nonassessability may be affected by Section 17-607 of the DRULPA).

Appears in 1 contract

Samples: Underwriting Agreement (Buckeye Partners, L.P.)

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