Common use of Divested Acquired Company Assets Clause in Contracts

Divested Acquired Company Assets. The Seller shall RELEASE, INDEMNIFY AND HOLD HARMLESS the Buyer Indemnitees from and against the entirety of (x) any Adverse Consequences that are suffered by the Buyer Indemnitees to the extent relating to any business (including any plant or other substantial tangible asset) that both was owned and divested or otherwise disposed of by any Acquired Company (other than the Javelina Partnerships) at any time prior to the Closing Date and (y) the Javelina Percentage Interest of any Adverse Consequences that are suffered by the Buyer Indemnitees to the extent relating to any business (including any plant or other substantial tangible asset) that both was owned and divested or otherwise disposed of by either of the Javelina Partnerships at any time prior to the Closing Date.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Markwest Hydrocarbon Inc), Purchase and Sale Agreement (Markwest Hydrocarbon Inc), Purchase and Sale Agreement (Markwest Energy Partners L P)

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