Acceptance and Acknowledgment. Each of CMV, the General Partner, the MLP and the Company hereby acknowledges and agrees to the rights granted to the Fund hereunder. Each of CMV, the General Partner, the MLP and the Company further acknowledges and agrees that the Fund shall have the right, in its sole discretion, to delegate to one or more individuals or other persons who are affiliates of the members of the Fund (the “GIP II Members”) the right and authority to exercise the Fund’s management rights hereunder.
Appears in 3 contracts
Samples: Management Rights Agreement, Management Rights Agreement (Chesapeake Midstream Partners Lp), Management Rights Agreement (Global Infrastructure Investors II, LLC)
Acceptance and Acknowledgment. Each of CMV, the General Partner, the MLP and the Company hereby acknowledges and agrees to the rights granted to the Fund hereunder. Each of CMV, the General Partner, the MLP and the Company further acknowledges and agrees that the Fund shall have the right, in its sole discretion, to delegate to one or more individuals or other persons who are affiliates of the members of the Fund GIP II Entities (the “GIP II Members”) the right and authority to exercise the Fund’s management rights hereunder.
Appears in 2 contracts
Samples: Management Rights Agreement, Management Rights Agreement (Chesapeake Midstream Partners Lp)
