Participation Agreements. Except as set forth on Schedule 2.12, no member of the Company Group or any Chesapeake Entity is a party to, nor is any member of the Company Group or any Chesapeake Entity or any of the Assets bound by, any Participation Agreement. As used herein, “Participation Agreement” means any Contract, including any area of mutual interest, joint development, participation, or similar agreement, in effect either on the date hereof or on the Closing Date and that grants to any Person a right of first refusal, first offer, participation right or similar preferential right with respect to any of the Assets or any current or future business, opportunity or assets of any member of the Company Group or its current or future Affiliates or their respective direct or indirect equityholders (as a result of such Affiliation or equity holding), including with respect to any gas gathering or processing, or related compression, treating or dehydration services within any “Dedication Area” covered by the New Commercial Agreements (as defined therein).
Appears in 4 contracts
Samples: Unit Purchase Agreement, Unit Purchase Agreement, Unit Purchase Agreement (Chesapeake Energy Corp)
