Common use of Order of Completion of Transactions; Effective Time Clause in Contracts

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, III and IV of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I shall be completed; Second, the transactions provided for in Article II shall be completed; Third, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale of the Assets to Plains Marketing shall be effective for all purposes as of the Effective Time.

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, III and IV of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I shall be completed; Second, the transactions provided for in Article II shall be completed; Third, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale of the Assets to Plains Marketing shall be effective for all purposes as of the Effective Time.

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, III and IV of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I II shall be completed; Second, the transactions provided for in Article II IV shall be completed; and Third, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale contribution of the Excluded Assets to Plains Marketing WBE LLC shall be effective for all purposes as of the Effective Time.

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, III I and IV II of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I shall be completed; and Second, the transactions provided for in Article II shall be completed; Third, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale of the Assets to Plains Marketing shall be effective for all purposes as of the Effective Time.

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, II and III and IV of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I shall be completed; Second, the transactions provided for in Article II shall be completed; Thirdand Second, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale of the Assets to Plains Marketing shall be effective for all purposes as of the Effective Time.

Order of Completion of Transactions; Effective Time. (a) The transactions provided for in Articles I, II, II and III and IV of this Agreement shall be completed on the date of this Agreement in the following order: First, the transactions provided for in Article I shall be completed; Second, first: the transactions provided for in Article II shall be completed; Thirdand second: following the completion of the transactions as provided in first above and the incurrence by the Company of $205,000,000 in aggregate principal amount of borrowings under the Revolving/Term Credit Facility, the transactions provided for in Article III shall be completed; and Fourth, the transactions provided for in Article IV shall be completed. (b) The sale contribution of the Assets to Plains Marketing the Operating Partnership shall be effective for all purposes as of the Effective Time.