Common use of Valid Issuance of the Units Clause in Contracts

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act).

Appears in 13 contracts

Samples: Underwriting Agreement (Targa Resources Partners LP), Underwriting Agreement (Targa Resources Partners LP), Underwriting Agreement (Pioneer Southwest Energy Partners L.P.)

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Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership hereunder have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act).

Appears in 3 contracts

Samples: Underwriting Agreement (Targa Resources Partners LP), Underwriting Agreement (Targa Resources Partners LP), Targa Resources Partners LP

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this the Underwriting Agreement and, when issued and delivered by the Partnership pursuant to this the Underwriting Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 2 contracts

Samples: Underwriting Agreement (EQT Midstream Partners, LP), Underwriting Agreement (EQT Midstream Partners, LP)

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act.).

Appears in 2 contracts

Samples: Underwriting Agreement (Cheniere Energy Partners, L.P.), Underwriting Agreement (Cheniere Energy Partners, L.P.)

Valid Issuance of the Units. The Units to be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 2 contracts

Samples: Underwriting Agreement (Blueknight Energy Partners, L.P.), Oiltanking Partners, L.P.

Valid Issuance of the Units. The Units to that may be purchased by the Underwriters from the Partnership have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act).

Appears in 2 contracts

Samples: Underwriting Agreement (SemGroup Energy Partners, L.P.), SemGroup Energy Partners, L.P.

Valid Issuance of the Units. The Units to be purchased issued and sold to the Underwriters by the Underwriters from Partnership pursuant to this Agreement and the Partnership limited partner interests represented thereby have been duly authorized for issuance and sale to by the Underwriters pursuant to this Partnership Agreement and, when issued and delivered by to the Partnership pursuant to this Agreement Underwriters against payment therefor in accordance with the terms of the consideration set forth hereinthis Agreement, will be validly issued and issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Underwriting Agreement (Penn Virginia Resource Partners L P)

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Valid Issuance of the Units. The Units to be purchased issued and sold to the Underwriters by the Underwriters from Partnership pursuant to this Agreement and the Partnership limited partner interests represented thereby have been duly authorized for issuance and sale to in accordance with the Underwriters pursuant to this Partnership Agreement and, when issued and delivered by to the Partnership pursuant to this Agreement Underwriters against payment therefor in accordance with the terms of the consideration set forth hereinthis Agreement, will be validly issued and issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 303 and 17-804 607 of the Delaware LP Act).

Appears in 1 contract

Samples: Genesis Energy Lp

Valid Issuance of the Units. The Units to be purchased by the Underwriters Underwriter from the Partnership have been duly authorized for issuance and sale to the Underwriters Underwriter pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Underwriting Agreement (Blueknight Energy Partners, L.P.)

Valid Issuance of the Units. The Units to be purchased by the Underwriters Underwriter from the Partnership have been duly authorized for issuance and sale to the Underwriters Underwriter pursuant to this Agreement and, when issued and delivered by the Partnership pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued and fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Sections 17-607 and 17-804 of the Delaware LP Act.).

Appears in 1 contract

Samples: Underwriting Agreement (Cheniere Energy Partners, L.P.)

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