Common use of Contribution of General Partner to Services Company Clause in Contracts

Contribution of General Partner to Services Company. Effective immediately after the transactions described in Article II, Delek US hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to Services Company, its successors and its assigns, for its and their own use forever, all right, title and interest in and to its 100% membership interest in the General Partner, and Services Company hereby accepts a 100% membership interest in the General Partner.

Appears in 4 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Delek US Holdings, Inc.), Contribution, Conveyance and Assumption Agreement (Delek Logistics Partners, LP), Contribution, Conveyance and Assumption Agreement (Delek Logistics Partners, LP)

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