As filed with the Securities and Exchange Commission on April 29, 2015.
Registration No. 333-202258
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 4
to
Form S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Tallgrass Energy GP, LP
(Exact Name of Registrant as Specified in its Charter)
Delaware | 4922 | 47-3159268 | ||
(State or other Jurisdiction of Incorporation or Organization) |
(Primary Standard Industrial Classification Code Number) |
(IRS Employer Identification Number) |
4200 W. 115th Street, Suite 350
Leawood, Kansas 66211
(913) 928-6060
(Address, including zip code, and telephone number, including area code, of Registrants principal executive offices)
George E. Rider
4200 W. 115th Street, Suite 350
Leawood, Kansas 66211
(913) 928-6060
(Address, including zip code, and telephone number, including area code, of Agent for service)
Copies to:
Mollie H. Duckworth Joshua Davidson Baker Botts L.L.P. 98 San Jacinto Blvd., Suite 1500 Austin, Texas 78701 (512) 322-2500 |
Sarah K. Morgan David Palmer Oelman Vinson & Elkins L.L.P. First City Tower 1001 Fannin, Suite 2500 Houston, Texas 77002-6760 (713) 758-2222 |
Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.
If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ¨
If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer | ¨ | Accelerated filer | ¨ | |||
Non-accelerated filer | x (Do not check if a smaller reporting company) | Smaller reporting company | ¨ |
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission, acting pursuant to said section 8(a), may determine.
Explanatory Note
This Amendment No. 4 is being filed solely for the purpose of filing an exhibit to the Registration Statement on Form S-1 (File No. 333-202258) and no changes or additions are being made hereby to the preliminary prospectus which forms a part of the Registration Statement or to Items 13, 14, 15 or 17 of Part II of the Registration Statement. Accordingly, the preliminary prospectus and Items 13, 14, 15 and 17 of Part II of the Registration Statement have been omitted from this filing.
PART II
INFORMATION NOT REQUIRED IN THE REGISTRATION STATEMENT
Item 16. | Exhibits. |
The following documents are filed as exhibits to this registration statement.
Exhibit |
Description | |||||
1.1** | | Form of Underwriting Agreement. | ||||
3.1** | | Certificate of Limited Partnership of Tallgrass Energy GP, LP, dated February 10, 2015. | ||||
3.2** | | Form of Amended and Restated Limited Partnership Agreement of Tallgrass Energy GP, LP (included as Appendix A in the prospectus included in this Registration Statement). | ||||
3.3** | | Certificate of Formation of TEGP Management, LLC, dated February 10, 2015. | ||||
3.4** | | Form of Amended and Restated Limited Liability Company Agreement of TEGP Management, LLC. | ||||
3.5** | | Certificate of Formation of Tallgrass GP Holdings, LLC, dated March 28, 2013 (now known as Tallgrass Equity, LLC). | ||||
3.6** | | Certificate of Amendment to Certificate of Formation of Tallgrass GP Holdings, LLC, dated February 20, 2015 (now known as Tallgrass Equity, LLC). | ||||
3.7** | | Form of Second Amended and Restated Limited Liability Company Agreement of Tallgrass Equity, LLC. | ||||
3.8 | | Certificate of Limited Partnership of Tallgrass Energy Partners, LP, dated as of February 6, 2013 (incorporated by reference to Exhibit 3.1 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||||
3.9 | | Certificate of Amendment to Certificate of Limited Partnership of Tallgrass Energy Partners, LP, dated as of February 7, 2013 (incorporated by reference to Exhibit 3.2 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||||
3.10 | | Amended and Restated Agreement of Limited Partnership of Tallgrass Energy Partners, LP, dated as of May 17, 2013 (incorporated by reference to Exhibit 3.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
3.11 | | Certificate of Formation of Tallgrass MLP GP, LLC, dated as of February 6, 2013 (incorporated by reference to Exhibit 3.4 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||||
3.12 | | Second Amended and Restated Limited Liability Company Agreement of Tallgrass MLP GP, LLC dated May 17, 2013 (incorporated by reference to Exhibit 3.4 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
3.13 | | Amendment No. 1, dated February 19, 2015, to Second Amended and Restated Limited Liability Company Agreement of Tallgrass MLP GP, LLC, dated May 17, 2013 (incorporated by reference to Exhibit 3.8 to Tallgrass Energy Partners Annual Report on Form 10-K filed February 19, 2015). | ||||
4.1** | | Specimen certificate representing Class A Shares. | ||||
4.2** | | Form of Registration Rights Agreement. | ||||
5.1** | | Opinion of Baker Botts L.L.P. as to the legality of the securities being registered. |
Exhibit |
Description | |||||
8.1* | | Opinion of Baker Botts L.L.P. relating to tax matters. | ||||
10.1** | | Form of Omnibus Agreement. | ||||
10.2** | | Form of Tallgrass Equity Credit Agreement. | ||||
10.3** | | Form of TEGP Management, LLC Long-Term Incentive Plan. | ||||
10.4** | | Form of Distribution, Assignment and Assumption Agreement (Interest in Tallgrass Energy GP, LP). | ||||
10.5** | | Form of Tallgrass Equity Unit Issuance Agreement. | ||||
10.6** | | Form of Conveyance Agreement (Common Units of Tallgrass Energy Partners, LP). | ||||
10.7 | | Amended and Restated Employment Agreement between Tallgrass Management, LLC, Tallgrass Development GP, LLC, Tallgrass GP Holdings, LLC, Tallgrass MLP GP, LLC and David G. Dehaemers, Jr. (incorporated by reference to Exhibit 10.5 to Amendment No. 2 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed April 18, 2013). | ||||
10.8 | | Purchase and Sale Agreement between Kinder Morgan Interstate Gas Transmission LLC and Kinder Morgan Pony Express Pipeline LLC (incorporated by reference to Exhibit 10.7 to Amendment No. 1 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed April 8, 2013). | ||||
10.9 | | Contribution, Conveyance and Assumption Agreement, dated May 17, 2013, by and among Tallgrass Energy Partners, LP, Tallgrass MLP GP, LLC, Tallgrass Development, LP, Tallgrass Development GP, LLC, Tallgrass GP Holdings, LLC, Tallgrass Operations, LLC, Tallgrass Interstate Gas Transmission, LLC, Tallgrass Midstream, LLC and Tallgrass MLP Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.10 | | Omnibus Agreement, dated May 17, 2013, by and among Tallgrass Development, LP, Tallgrass Energy Partners, LP, Tallgrass MLP GP, LLC and Tallgrass Development GP, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.11 | | Revolving Credit Agreement, dated May 17, 2013, by and among Tallgrass Energy Partners, LP, Barclays Bank PLC, as administrative agent, and a syndicate of lenders named therein (incorporated by reference to Exhibit 10.3 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.12 | | Tallgrass MLP GP, LLC Long-Term Incentive Plan (incorporated by reference to Exhibit 10.4 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.13 | | Contribution and Sale Agreement, dated as of April 1, 2014, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed April 2, 2014). | ||||
10.14 | | Amendment No. 1, dated as of June 25, 2014, to the Revolving Credit Agreement by and among Tallgrass Energy Partners, LP, Barclays Bank PLC, as administrative agent, and a syndicate of lenders named therein (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed June 30, 2014). | ||||
10.15 | | Contribution and Transfer Agreement, dated as of September 1, 2014, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP, Tallgrass Pony Express Pipeline, LLC and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed September 8, 2014). |
Exhibit |
Description | |||||
10.16 | | Second Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of September 1, 2014, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed September 8, 2014). | ||||
10.17 | | Amendment No. 1 to Second Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of September 29, 2014, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.3 to Tallgrass Energy Partners, LPs Quarterly Report on Form 10-Q filed October 30, 2014). | ||||
10.18 | | Purchase and Sale Agreement, dated as of March 1, 2015, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed March 2, 2015). | ||||
10.19 | | Third Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of March 1, 2015, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed March 2, 2015). | ||||
21.1** | | List of Subsidiaries of Tallgrass Energy GP, LP. | ||||
23.1** | | Consent of PricewaterhouseCoopers LLP. | ||||
23.3** | | Consent of Baker Botts L.L.P. (contained in Exhibit 5.1). | ||||
23.4* | | Consent of Baker Botts L.L.P. (contained in Exhibit 8.1). | ||||
24.1** | | Power of Attorney (included on the signature page of this registration statement). |
* | Filed herewith. |
** | Previously filed. |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Leawood, State of Kansas, on April 29, 2015.
Tallgrass Energy GP, LP | ||
By: | TEGP Management, LLC, | |
its general partner | ||
By: | /s/ George E. Rider | |
George E. Rider | ||
Executive Vice President, General Counsel and Secretary |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and the dates indicated.
Name |
Title |
Date | ||
* David G. Dehaemers, Jr. |
Director, President and Chief Executive Officer (Principal Executive Officer) | April 29, 2015 | ||
* Gary J. Brauchle |
Executive Vice President and Chief Financial Officer (Principal Financial Officer) | April 29, 2015 | ||
* Gary D. Watkins |
Vice President and Chief Accounting Officer (Principal Accounting Officer) | April 29, 2015 | ||
* Frank J. Loverro |
Director | April 29, 2015 | ||
* Stanley de J. Osborne |
Director | April 29, 2015 | ||
* Jeffrey A. Ball |
Director | April 29, 2015 | ||
* John T. Raymond |
Director | April 29, 2015 | ||
* William R. Moler |
Director | April 29, 2015 | ||
By: | /s/ George E. Rider | |
George E. Rider | ||
Attorney-in-fact |
EXHIBIT INDEX
The following documents are filed as exhibits to this registration statement.
Exhibit |
Description | |||
1.1** | | Form of Underwriting Agreement. | ||
3.1** | | Certificate of Limited Partnership of Tallgrass Energy GP, LP, dated February 10, 2015. | ||
3.2** | | Form of Amended and Restated Limited Partnership Agreement of Tallgrass Energy GP, LP (included as Appendix A in the prospectus included in this Registration Statement). | ||
3.3** | | Certificate of Formation of TEGP Management, LLC, dated February 10, 2015. | ||
3.4** | | Form of Amended and Restated Limited Liability Company Agreement of TEGP Management, LLC. | ||
3.5** | | Certificate of Formation of Tallgrass GP Holdings, LLC, dated March 28, 2013 (now known as Tallgrass Equity, LLC). | ||
3.6** | | Certificate of Amendment to Certificate of Formation of Tallgrass GP Holdings, LLC, dated February 20, 2015 (now known as Tallgrass Equity, LLC). | ||
3.7** | | Form of Second Amended and Restated Limited Liability Company Agreement of Tallgrass Equity, LLC. | ||
3.8 | | Certificate of Limited Partnership of Tallgrass Energy Partners, LP, dated as of February 6, 2013 (incorporated by reference to Exhibit 3.1 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||
3.9 | | Certificate of Amendment to Certificate of Limited Partnership of Tallgrass Energy Partners, LP, dated as of February 7, 2013 (incorporated by reference to Exhibit 3.2 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||
3.10 | | Amended and Restated Agreement of Limited Partnership of Tallgrass Energy Partners, LP, dated as of May 17, 2013 (incorporated by reference to Exhibit 3.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||
3.11 | | Certificate of Formation of Tallgrass MLP GP, LLC, dated as of February 6, 2013 (incorporated by reference to Exhibit 3.4 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed March 28, 2013). | ||
3.12 | | Second Amended and Restated Limited Liability Company Agreement of Tallgrass MLP GP, LLC dated May 17, 2013 (incorporated by reference to Exhibit 3.4 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||
3.13 | | Amendment No. 1, dated February 19, 2015, to Second Amended and Restated Limited Liability Company Agreement of Tallgrass MLP GP, LLC, dated May 17, 2013 (incorporated by reference to Exhibit 3.8 to Tallgrass Energy Partners Annual Report on Form 10-K filed February 19, 2015). | ||
4.1** | | Specimen certificate representing Class A Shares. | ||
4.2** | | Form of Registration Rights Agreement. | ||
5.1** | | Opinion of Baker Botts L.L.P. as to the legality of the securities being registered. | ||
8.1* | | Opinion of Baker Botts L.L.P. relating to tax matters. | ||
10.1** | | Form of Omnibus Agreement. | ||
10.2** | | Form of Tallgrass Equity Credit Agreement. |
Exhibit |
Description | |||||
10.3 | ** | | Form of TEGP Management, LLC Long-Term Incentive Plan. | |||
10.4 | ** | | Form of Distribution, Assignment and Assumption Agreement (Interest in Tallgrass Energy GP, LP). | |||
10.5 | ** | | Form of Tallgrass Equity Unit Issuance Agreement. | |||
10.6 | ** | | Form of Conveyance Agreement (Common Units of Tallgrass Energy Partners, LP). | |||
10.7 | | Amended and Restated Employment Agreement between Tallgrass Management, LLC, Tallgrass Development GP, LLC, Tallgrass GP Holdings, LLC, Tallgrass MLP GP, LLC and David G. Dehaemers, Jr. (incorporated by reference to Exhibit 10.5 to Amendment No. 2 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed April 18, 2013). | ||||
10.8 | | Purchase and Sale Agreement between Kinder Morgan Interstate Gas Transmission LLC and Kinder Morgan Pony Express Pipeline LLC (incorporated by reference to Exhibit 10.7 to Amendment No. 1 to Tallgrass Energy Partners, LPs Registration Statement on Form S-1 filed April 8, 2013). | ||||
10.9 | | Contribution, Conveyance and Assumption Agreement, dated May 17, 2013, by and among Tallgrass Energy Partners, LP, Tallgrass MLP GP, LLC, Tallgrass Development, LP, Tallgrass Development GP, LLC, Tallgrass GP Holdings, LLC, Tallgrass Operations, LLC, Tallgrass Interstate Gas Transmission, LLC, Tallgrass Midstream, LLC and Tallgrass MLP Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.10 | | Omnibus Agreement, dated May 17, 2013, by and among Tallgrass Development, LP, Tallgrass Energy Partners, LP, Tallgrass MLP GP, LLC and Tallgrass Development GP, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.11 | | Revolving Credit Agreement, dated May 17, 2013, by and among Tallgrass Energy Partners, LP, Barclays Bank PLC, as administrative agent, and a syndicate of lenders named therein (incorporated by reference to Exhibit 10.3 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.12 | | Tallgrass MLP GP, LLC Long-Term Incentive Plan (incorporated by reference to Exhibit 10.4 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed May 17, 2013). | ||||
10.13 | | Contribution and Sale Agreement, dated as of April 1, 2014, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed April 2, 2014). | ||||
10.14 | | Amendment No. 1, dated as of June 25, 2014, to the Revolving Credit Agreement by and among Tallgrass Energy Partners, LP, Barclays Bank PLC, as administrative agent, and a syndicate of lenders named therein (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed June 30, 2014). | ||||
10.15 | | Contribution and Transfer Agreement, dated as of September 1, 2014, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP, Tallgrass Pony Express Pipeline, LLC and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed September 8, 2014). | ||||
10.16 | | Second Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of September 1, 2014, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed September 8, 2014). |
Exhibit |
Description | |||||
10.17 | | Amendment No. 1 to Second Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of September 29, 2014, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.3 to Tallgrass Energy Partners, LPs Quarterly Report on Form 10-Q filed October 30, 2014). | ||||
10.18 | | Purchase and Sale Agreement, dated as of March 1, 2015, by and among Tallgrass Energy Partners, LP, Tallgrass Development, LP and Tallgrass Operations, LLC (incorporated by reference to Exhibit 10.1 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed March 2, 2015). | ||||
10.19 | | Third Amended and Restated Limited Liability Company Agreement of Tallgrass Pony Express Pipeline, LLC, dated as of March 1, 2015, by and among Tallgrass Pony Express Pipeline, LLC, Tallgrass Operations, LLC, and Tallgrass PXP Holdings, LLC (incorporated by reference to Exhibit 10.2 to Tallgrass Energy Partners, LPs Current Report on Form 8-K filed March 2, 2015). | ||||
21.1** | | List of Subsidiaries of Tallgrass Energy GP, LP. | ||||
23.1** | | Consent of PricewaterhouseCoopers LLP. | ||||
23.3** | | Consent of Baker Botts L.L.P. (contained in Exhibit 5.1). | ||||
23.4* | | Consent of Baker Botts L.L.P. (contained in Exhibit 8.1). | ||||
24.1** | | Power of Attorney (included on the signature page of this registration statement). |
* | Filed herewith. |
** | Previously filed. |
|
ONE SHELL PLAZA | AUSTIN | LONDON | |||
910 LOUISIANA | BEIJING | MOSCOW | ||||
HOUSTON, TEXAS | BRUSSELS | NEW YORK | ||||
77002-4995 | DALLAS | PALO ALTO | ||||
DUBAI | RIO DE | |||||
TEL +1 | HONG KONG | JANEIRO | ||||
713.229.1234 | HOUSTON | RIYADH | ||||
FAX +1 713.229.1522 |
WASHINGTON | |||||
BakerBotts.com |
April 29, 2015
Tallgrass Energy GP, LP
4200 W. 115th Street, Suite 350
Leawood, Kansas 66211-2609
Ladies and Gentlemen:
We have acted as counsel to Tallgrass Energy GP, LP, a Delaware limited partnership (the Partnership), in connection with the registration under the Securities Act of 1933, as amended (the Securities Act), of the offering and sale by the Partnership of up to an aggregate of 40,607,650 Class A shares representing limited partner interests in the Partnership (the Shares) as set forth in the Prospectus (the Prospectus) forming part of the Registration Statement on Form S-1 (File No. 333-202258), as amended (the Registration Statement), filed by the Partnership with the Securities and Exchange Commission (the Commission). In connection therewith, we prepared the discussion set forth under the caption Material U.S. Federal Income Tax Consequences, in the Registration Statement (the Discussion).
We hereby confirm that all statements of legal conclusions, but not statements of factual matters, contained in the Discussion constitute the opinion of Baker Botts L.L.P. with respect to the matters set forth therein as of the effective date of the Registration Statement, subject to the assumptions, qualifications, and limitations set forth therein.
In providing this opinion, we have examined and are relying upon the truth and accuracy at all relevant times of (i) the Partnerships and its general partners statements, covenants, and representations contained in the Registration Statement, (ii) a representation letter provided to us by the Partnership in support of this opinion, and (iii) other information provided to us by the representatives of the Partnership.
We hereby consent to the filing of this opinion as Exhibit 8.1 to the Registration Statement and to the reference to our firm and this opinion in the Discussion and under the caption Legal Matters in the Prospectus. We further consent to the incorporation by reference of this opinion and consent into any registration statement filed pursuant to Rule 462(b) under the Securities Act with respect to the Shares. In giving this consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
Very truly yours, |
/s/ Baker Botts L.L.P. |
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