Document ID: 15585

Text:
{W5670291.3} 5 than 50% of the outstanding voting equity is directly or indirectly owned or controlled by such Person or one or more Subsidiaries of such Person. (ii) Transaction Documents means this Agreement and the Asset Purchase Agreement. (jj) Units has the meaning set forth in the recitals to this Agreement. 2\. Representations and Warranties of the Parent. The Parent hereby represents and warrants to the Investor that, except as set forth in the SEC Reports, which exceptions shall be deemed to be part of the representations and warranties made hereunder, the following representations are true and complete as of the date hereof and as of the date of the Closing, except as otherwise indicated. The Disclosure Schedule shall be arranged in sections corresponding to the numbered and lettered sections and subsections contained in this Section 2, and the disclosures in any section or subsection of the Disclosure Schedule shall qualify other sections and subsections in this Section 2 to the extent it is readily apparent from a reading of the disclosure that such disclosure is applicable to such other sections and subsections. 2.1 Organization and Qualification. The Parent and each of the Subsidiaries is an entity duly incorporated or otherwise organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted. Neither the Parent nor any Subsidiary is in violation or default of any of the provisions of its respective certificate or articles of incorporation, bylaws or other organizational or charter documents. Each of the Parent and the Subsidiaries is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, would not reasonably be expected to result in: (i) a material adverse effect on the legality, validity or enforceability of any Transaction Document, (ii) a material adverse effect on the results of operations, assets, business or financial condition of the Parent and the Subsidiaries, taken as a whole, or (iii) a material adverse effect on the Parents ability to perform in any material respect on a timely basis its obligations under any Transaction Document (any of (i), (ii) or (iii), a Material Adverse Effect). 2.2 Authorization; Enforcement. The Parent has the requisite limited partnership power and authority to enter into and to consummate the transactions contemplated by the Transaction Documents and otherwise to carry out its obligations hereunder and thereunder, as applicable. The execution and delivery of this Agreement and the other Transaction Documents by the Parent and the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary action on the part of the Parent and no further action is required by the Parent, the General Partner or the holders of the Parents Common Units in connection herewith or therewith other than in connection with the Required Approvals. This Agreement and each other Transaction Document to which it is a party has been (or upon delivery will have been) duly executed by the Parent and, when delivered in accordance with the terms hereof and thereof, will constitute the valid and binding obligation

Named Entities:
7
8
Percentage
43
45
Title

Tokenized Text:
{
W5670291
.
3
}
5
than
50
%
of
the
outstanding
voting
equity
is
directly
or
indirectly
owned
or
controlled
by
such
Person
or
one
or
more
Subsidiaries
of
such
Person
.
(
ii
)
Transaction
Documents
means
this
Agreement
and
the
Asset
Purchase
Agreement
.
(
jj
)
Units
has
the
meaning
set
forth
in
the
recitals
to
this
Agreement
.
2
\
.
Representations
and
Warranties
of
the
Parent
.
The
Parent
hereby
represents
and
warrants
to
the
Investor
that
,
except
as
set
forth
in
the
SEC
Reports
,
which
exceptions
shall
be
deemed
to
be
part
of
the
representations
and
warranties
made
hereunder
,
the
following
representations
are
true
and
complete
as
of
the
date
hereof
and
as
of
the
date
of
the
Closing
,
except
as
otherwise
indicated
.
The
Disclosure
Schedule
shall
be
arranged
in
sections
corresponding
to
the
numbered
and
lettered
sections
and
subsections
contained
in
this
Section
2
,
and
the
disclosures
in
any
section
or
subsection
of
the
Disclosure
Schedule
shall
qualify
other
sections
and
subsections
in
this
Section
2
to
the
extent
it
is
readily
apparent
from
a
reading
of
the
disclosure
that
such
disclosure
is
applicable
to
such
other
sections
and
subsections
.
2
.
1
Organization
and
Qualification
.
The
Parent
and
each
of
the
Subsidiaries
is
an
entity
duly
incorporated
or
otherwise
organized
,
validly
existing
and
in
good
standing
under
the
laws
of
the
jurisdiction
of
its
incorporation
or
organization
,
with
the
requisite
power
and
authority
to
own
and
use
its
properties
and
assets
and
to
carry
on
its
business
as
currently
conducted
.
Neither
the
Parent
nor
any
Subsidiary
is
in
violation
or
default
of
any
of
the
provisions
of
its
respective
certificate
or
articles
of
incorporation
,
bylaws
or
other
organizational
or
charter
documents
.
Each
of
the
Parent
and
the
Subsidiaries
is
duly
qualified
to
conduct
business
and
is
in
good
standing
as
a
foreign
corporation
or
other
entity
in
each
jurisdiction
in
which
the
nature
of
the
business
conducted
or
property
owned
by
it
makes
such
qualification
necessary
,
except
where
the
failure
to
be
so
qualified
or
in
good
standing
,
as
the
case
may
be
,
would
not
reasonably
be
expected
to
result
in
:
(
i
)
a
material
adverse
effect
on
the
legality
,
validity
or
enforceability
of
any
Transaction
Document
,
(
ii
)
a
material
adverse
effect
on
the
results
of
operations
,
assets
,
business
or
financial
condition
of
the
Parent
and
the
Subsidiaries
,
taken
as
a
whole
,
or
(
iii
)
a
material
adverse
effect
on
the
Parents
ability
to
perform
in
any
material
respect
on
a
timely
basis
its
obligations
under
any
Transaction
Document
(
any
of
(
i
)
,
(
ii
)
or
(
iii
)
,
a
Material
Adverse
Effect
)
.
2
.
2
Authorization
;
Enforcement
.
The
Parent
has
the
requisite
limited
partnership
power
and
authority
to
enter
into
and
to
consummate
the
transactions
contemplated
by
the
Transaction
Documents
and
otherwise
to
carry
out
its
obligations
hereunder
and
thereunder
,
as
applicable
.
The
execution
and
delivery
of
this
Agreement
and
the
other
Transaction
Documents
by
the
Parent
and
the
consummation
by
it
of
the
transactions
contemplated
hereby
and
thereby
have
been
duly
authorized
by
all
necessary
action
on
the
part
of
the
Parent
and
no
further
action
is
required
by
the
Parent
,
the
General
Partner
or
the
holders
of
the
Parents
Common
Units
in
connection
herewith
or
therewith
other
than
in
connection
with
the
Required
Approvals
.
This
Agreement
and
each
other
Transaction
Document
to
which
it
is
a
party
has
been
(
or
upon
delivery
will
have
been
)
duly
executed
by
the
Parent
and
,
when
delivered
in
accordance
with
the
terms
hereof
and
thereof
,
will
constitute
the
valid
and
binding
obligation