Common use of Conditions to the Obligations of SEP Clause in Contracts

Conditions to the Obligations of SEP. The obligation of SEP to effect the Closing is subject to the satisfaction (or waiver), at or prior to Closing, of each of the following conditions:

Appears in 2 contracts

Samples: Assignment and Assumption of Membership Interest Agreement, Exchange and Redemption Agreement (Spectra Energy Partners, LP)

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Conditions to the Obligations of SEP. The obligation of SEP to effect the Closing is subject to the satisfaction (or waiver), at or prior to the Closing, of each of the following conditions:

Appears in 2 contracts

Samples: Contribution Agreement (Spectra Energy Partners, LP), Contribution Agreement

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