Common use of All Necessary Assets Clause in Contracts

All Necessary Assets. The Assets together with the rights under the Related Agreements constitute all property and other rights necessary to enable the Partnership to operate and conduct the Contributed Business in substantially the same manner as it is being operated and conducted on the date of this Agreement, except in all cases where the failure of the Partnership to acquire such property or other rights by conveyance or license would not in the aggregate reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Asset Contribution Agreement (Millennium Chemicals Inc), Asset Contribution Agreement (Equistar Funding Corp), Asset Contribution Agreement (Lyondell Petrochemical Co)

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