Common use of Ownership of the Units Clause in Contracts

Ownership of the Units. The Selling Unitholder has, and immediately prior to any Delivery Date on which the Selling Unitholder is selling Units will have, (i) a valid “security entitlement” within the meaning of Section 8-501 of the UCC in respect thereof, free and clear of all Liens and (ii) legal right, power and capacity (if the Selling Unitholder is an individual) and corporate, limited liability company, partnership or similar power and authority (if the Selling Unitholder is not an individual), to sell, transfer and deliver the Units to be sold by the Selling Unitholder, and has duly and irrevocably authorized the Partnership, on behalf of such Selling Unitholder to deliver the Units to be sold by such Selling Unitholder pursuant to this Agreement and receive payment therefore pursuant hereto.

Ownership of the Units. The Selling Unitholder hasUnitholder, and immediately prior to any the Delivery Date on which the Selling Unitholder is selling Units Date, will have, have (i) a valid “security entitlement” within the meaning of Section 8-501 of the UCC in respect thereof, free and clear of all Liens and (ii) legal right, power and capacity (if the Selling Unitholder is an individual) and corporate, limited liability company, partnership or similar power and authority (if the Selling Unitholder is not an individual), to sell, transfer and deliver the Units to be sold by the Selling Unitholder, and has duly and irrevocably authorized the Partnership, on behalf of such Selling Unitholder to deliver the Units to be sold by such Selling Unitholder pursuant to this Agreement and receive payment therefore pursuant hereto.

Ownership of the Units. The Selling Unitholder has, and immediately prior to any the Delivery Date on which the Selling Unitholder is selling Units will have, (i) a valid “security entitlement” within the meaning of Section 8-501 of the UCC in respect thereof, free and clear of all Liens and (ii) legal right, power and capacity (if the Selling Unitholder is an individual) and corporate, limited liability company, partnership or similar power and authority capacity (if the Selling Unitholder is not an individual), to sell, transfer and deliver delivery the Units to be sold by the Selling Unitholder▇▇▇▇▇▇▇▇▇▇, and has duly and irrevocably authorized the Partnership▇▇▇▇▇▇ ▇. Faneuil, on behalf of such Selling Unitholder Unitholder, to deliver the Units to be sold by such Selling Unitholder pursuant to this Agreement and authorized the Partnership to receive payment therefore pursuant hereto.