Common use of Valid Issuance of the Units Clause in Contracts

Valid Issuance of the Units. The Units and the limited partner interests represented thereby are duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in the Pricing Prospectus and the Prospectus under the caption “The Partnership Agreement – Limited Liability” or by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 3 contracts

Samples: Underwriting Agreement (Calumet Specialty Products Partners, L.P.), Underwriting Agreement (Calumet Specialty Products Partners, L.P.), Underwriting Agreement (Calumet Specialty Products Partners, L.P.)

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Valid Issuance of the Units. The Units to be issued and sold to the Agents by the Partnership pursuant to this Agreement and the limited partner interests represented thereby are have been duly authorized by the Partnership in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters Agents against payment therefor in accordance with the terms hereofthis Agreement, will be validly issuedissued in accordance with the Partnership Agreement, fully paid (to the extent required under the Partnership Agreement) and nonassessable non-assessable (except as such nonassessability non-assessability may be affected by matters described in the Pricing Prospectus and the Prospectus under the caption “The Partnership Agreement – Limited Liability” or by Sections 17-303, 17-607 and or 17-804 of the Delaware LP Act).;

Appears in 2 contracts

Samples: www.sec.gov, Terms Agreement (American Midstream Partners, LP)

Valid Issuance of the Units. The Units and the limited partner interests represented thereby are duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in the Pricing Prospectus and the Prospectus under the caption “The Partnership Agreement Limited Liability” or by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 2 contracts

Samples: Underwriting Agreement (Calumet Specialty Products Partners, L.P.), Underwriting Agreement (Calumet Specialty Products Partners, L.P.)

Valid Issuance of the Units. The Units to be issued and sold by the limited partner interests represented thereby are Partnership hereunder have been duly authorized in accordance with the Partnership Agreement and, when issued and delivered by the Partnership pursuant to the Underwriters this Agreement against payment therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in the Pricing Prospectus and the Prospectus under the caption “The Partnership Agreement – Agreement—Limited Liability” or by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Calumet Specialty Products Partners, L.P.

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Valid Issuance of the Units. The Units and the limited partner interests represented thereby are duly authorized in accordance with the Partnership Agreement and, when issued and delivered to the Underwriters against payment therefor in accordance with the terms hereof, will be validly issued, fully paid (to the extent required under the Partnership Agreement) and nonassessable (except as such nonassessability may be affected by matters described in the Pricing Prospectus and the Prospectus under 5 the caption “The Partnership Agreement – Limited Liability” or by Sections 17-303, 17-607 and 17-804 of the Delaware LP Act).

Appears in 1 contract

Samples: Underwriting Agreement (Calumet Specialty Products Partners, L.P.)

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