Common use of Assignment of Construction Contracts Clause in Contracts

Assignment of Construction Contracts. Upon a mutual determination by the Parties that all of P66 Company’s obligations have been satisfied, and that P66 Company has no further Liability, under the Construction Contracts, P66 Company shall, or shall cause its Subsidiaries to, assign the Construction Contracts to the Partnership.

Assignment of Construction Contracts. Upon a mutual determination by the Parties that all of the P66 Company’s Parties’ obligations have been satisfied, satisfied and that no P66 Company Party has no any further Liability, Liability under the Construction Contracts, the P66 Company Parties shall, or shall cause its their Subsidiaries to, assign the Construction Contracts to the PartnershipXxxxxx Frac LLC, unless assignment automatically occurs as a matter of law.