Common use of NGL GP Transaction Clause in Contracts

NGL GP Transaction. The conditions precedent to the obligations of CFI, OBD, HSI, MCC and Xxxxx X. Xxxxxx (or an Affiliate thereof) under the GP Sale Agreement to the consummation of the transactions thereunder shall have been satisfied in full or waived and the seller parties thereto shall be ready, willing and able to consummate (or have consummated) the transactions contemplated thereby.

NGL GP Transaction. The conditions precedent to the purchasers obligations under the GP Sale Agreement to the consummation of the NGL GP Transaction thereunder shall have been satisfied in full or waived and all of the seller parties and the purchasing parties (other than CFI, OBD, HSI, MCC and Xxxxx X. Xxxxxx (or an Affiliate thereoftheir respective Affiliates)) under the GP Sale Agreement to the consummation of the transactions thereunder shall have been satisfied in full or waived and the seller parties thereto shall be ready, willing and able to consummate (or have consummated) the transactions contemplated thereby.