2.The Other Units, upon receipt by the Partnership of such lawful consideration therefor as
the Board of Directors (or an authorized committee thereof) of the general partner of the
Partnership may determine, will be validly issued, fully paid and nonassessable, except as
such nonassessability may be limited by Sections 17-303, 17-607 and 17-804 of the
Delaware Act or within the Partnership Agreement.
3.The Senior Debt Securities, upon receipt by the Partnership of such lawful consideration
therefor as the Board of Directors (or an authorized committee thereof) of the general
partner of the Partnership may determine, will constitute valid and binding obligations of
the Partnership.
4.The Subordinated Debt Securities, upon receipt by the Partnership of such lawful
consideration therefor as the Board of Directors (or an authorized committee thereof) of
the general partner of the Partnership may determine, will constitute valid and binding
obligations of the Partnership.
In rendering the foregoing opinions, we have assumed that: (i) the Registration Statement,
and any amendments thereto, will have become effective (and will remain effective at the time of
issuance of any Securities thereunder); (ii) a prospectus supplement describing each class or
series of Securities offered pursuant to the Registration Statement, to the extent required by
applicable law and relevant rules and regulations of the Securities and Exchange Commission
(the “Commission”), will be timely filed with the Commission; (iii) the definitive terms of each
class or series of Securities will have been established in accordance with (A) authorizing
resolutions adopted by the Board of Directors (or an authorized committee thereof) of the general
partner of the Partnership and (B) the organizational documents of the Partnership, as well as
applicable law; (iv) the Partnership will issue and deliver the Securities in the manner
contemplated by the Registration Statement; (v) resolutions authorizing the Partnership to issue,
offer and sell the Securities will have been adopted by the Board of Directors (or an authorized
committee thereof) of the general partner of the Partnership and will be in full force and effect at
all times at which the Securities are offered or sold by the Partnership; (vi) all Securities will be
issued in compliance with applicable federal and state securities laws; and (vii) any Indenture (as
defined below) will be governed by and construed in accordance with the laws of the State of
New York and will constitute a valid and binding obligation of each party thereto other than the
Partnership.
With respect to any Securities consisting of any series of Debt Securities, we have further
assumed that: (i) (A) any Senior Debt Securities will have been issued pursuant to the indenture,
dated as of February 12, 2015, by and between the Partnership and The Bank of New York
Mellon Trust Company, N.A., as trustee, as amended and supplemented as of the date hereof (the
“Senior Indenture”), (B) any Subordinated Debt Securities will have been issued pursuant to an
indenture that has been authorized, executed and delivered by the Company and the applicable