Attached files
file | filename |
---|---|
8-K - FORM 8-K - Williams Partners L.P. | c61171e8vk.htm |
EX-1.1 - EX-1.1 - Williams Partners L.P. | c61171exv1w1.htm |
EX-4.1 - EX-4.1 - Williams Partners L.P. | c61171exv4w1.htm |
EX-4.2 - EX-4.2 - Williams Partners L.P. | c61171exv4w2.htm |
EX-99.1 - EX-99.1 - Williams Partners L.P. | c61171exv99w1.htm |
Exhibit 5.1
[LETTERHEAD OF GIBSON, DUNN & CRUTCHER LLP]
Client: 97394-00100
November 8, 2010
Williams Partners L.P.
One Williams Center
Tulsa, Oklahoma 74172
One Williams Center
Tulsa, Oklahoma 74172
Re: Williams Partners L.P. Public Offering of Senior Notes
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-3 (File No. 333-162713) (the
Registration Statement) of Williams Partners L.P., a Delaware limited partnership (the
Company), filed with the Securities and Exchange Commission (the Commission)
pursuant to the Securities Act of 1933 (as amended, the Securities Act), and the
prospectus and prospectus supplement (the Prospectus Supplement) with respect thereto,
dated October 28, 2009, and November 2, 2010, respectively, in connection with the offering by the
Company of $600,000,000 principal amount of 4.125% Senior Notes due 2020 (the Notes) of
the Company. The Notes will be issued pursuant to the Underwriting Agreement dated as of November
2, 2010 (the Underwriting Agreement) among the Company, Williams Partners GP LLC and the
representatives of the underwriters named therein (the Underwriters).
The Notes will be issued under an Indenture, dated as of November 9, 2010, between the Company and
The Bank of New York Mellon Trust Company, N.A., as Trustee (the Trustee), as
supplemented by a First Supplemental Indenture, dated as of November 9, 2010, between the Company
and the Trustee (as supplemented, the Indenture). The Notes and the Indenture are each
governed under the laws of the State of New York and are sometimes collectively referred to herein
as the Documents.
In arriving at the opinion expressed below, we have examined the originals, or copies certified or
otherwise identified to our satisfaction, of such documents, corporate records, certificates of
officers of the Company and of public officials, and other instruments as we have deemed necessary
or advisable to enable us to render this opinion. As to any facts material to this opinion, we
have relied to the extent we deemed appropriate and without independent investigation upon
statements and representations of officers and other representatives of the Company and others. In
our examination, we have assumed without independent investigation that:
(a) the signatures on all documents examined by us are genuine, all individuals executing such
documents had all requisite legal capacity and competency, the documents submitted to us as
originals are authentic, and the documents submitted to us as copies conform to the originals; and
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(b) the execution and delivery by the Company of the Notes will not, at any time, violate any
applicable law or result in a violation of any provision of any instrument or agreement then
binding on the Company or any restriction imposed by any court or governmental body having
jurisdiction over the Company.
Based upon the foregoing and subject to the assumptions, exceptions, qualifications, and
limitations set forth herein, we are of the opinion that the Notes, when executed and authenticated
in accordance with the provisions of the Indenture and issued and delivered to and paid for by the
Underwriters in accordance with the terms of the Underwriting Agreement, will be legal, valid and
binding obligations of the Company.
The foregoing opinion is subject to the following exceptions, qualifications and limitations:
A. The effectiveness of the Registration Statement under the Securities Act will not have been
terminated or rescinded.
B. Our opinion is subject to (i) the effect of any bankruptcy, insolvency, reorganization,
moratorium, arrangement, or similar laws affecting the rights and remedies of creditors generally
(including the effect of statutory or other laws regarding fraudulent transfers or preferential
transfers) and (ii) general principles of equity, including concepts of materiality,
reasonableness, good faith and fair dealing, and the possible unavailability of specific
performance, injunctive relief, or other equitable remedies regardless of whether enforceability is
considered in a proceeding in equity or at law.
C. We express no opinion regarding (i) the effectiveness of any waiver of stay, extension, or
usury laws or any unknown future rights; (ii) the effectiveness of any waiver (whether or not
stated as such) contained in the Documents of rights of any party, or duties owing to it, that is
broadly or vaguely stated or does not describe the right or duty purportedly waived with reasonable
specificity; (iii) provisions relating to indemnification, exculpation, or contribution, to the
extent such provisions may be held unenforceable as contrary to federal or state securities laws;
(iv) any provisions of the Documents that may be construed as penalties or forfeitures; or (v) the
effectiveness of any covenants (other than covenants relating to the payment of principal,
interest, indemnities, and expenses) to the extent they are construed to be independent
requirements as distinguished from conditions to the declaration or occurrence of a default or any
event of default.
D. We render no opinion herein as to matters involving the laws of any jurisdiction other than
the State of New York and the United States of America and the Delaware Revised Uniform Limited
Partnership Act (the Delaware Act). We are not engaged in practice in the State of
Delaware; however, we are generally familiar with the Delaware Act as currently in effect and have
made such inquiries as we consider necessary to render the opinion contained herein. We have
further assumed without independent
investigation that the limited partnership agreement of the Company constitutes a legal, valid
and binding obligation of each party thereto, enforceable against it in accordance with its terms;
to the extent our opinion is dependent on the interpretation of such agreement, it is
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based on the plain meaning of the provisions thereof in light of the Delaware Act. Without
limitation, we do not express any opinion regarding any Delaware contract law. This opinion is
limited to the effect of the current state of the laws of the State of New York, the United States
of America and, to the limited extent set forth above, the State of Delaware and the facts as they
currently exist. We assume no obligation to revise or supplement this opinion in the event of
future changes in such laws or the interpretation thereof or such facts after such time as the
Registration Statement is declared effective.
E. We have assumed that there are no agreements or understandings between or among the parties
to the Documents or third parties that would expand, modify, or otherwise affect the terms of the
Documents or the respective rights or obligations of the parties thereunder.
We consent to the filing of this opinion as an exhibit to the Registration Statement, and we
further consent to the use of our name under the caption Legal Matters in the Prospectus
Supplement. In giving these consents, we do not thereby 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.
Very truly yours,
/S/ GIBSON, DUNN & CRUTCHER LLP