Common use of Partnership Change in Control Clause in Contracts

Partnership Change in Control. Upon the occurrence of a Partnership Change in Control, Carrier shall provide Company with Notice of such Partnership Change in Control at least 60 Days prior to the effective date thereof. Within 180 days following receipt of such Notice, Company may elect to terminate this Agreement, effective no earlier than the effective date of such Partnership Change in Control.

Appears in 4 contracts

Samples: Conveyance and Assumption Agreement, Terminal Services Agreement (Phillips 66 Partners Lp), Transportation Services Agreement (Phillips 66 Partners Lp)

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Partnership Change in Control. Upon the occurrence of a Partnership Change in Control, Carrier shall provide Company with Notice of such Partnership Change in Control at least 60 sixty (60) Days prior to the effective date thereof. Within 180 days following receipt of such Notice, Company may elect to terminate this Agreement, effective no earlier than the effective date of such Partnership Change in Control.

Appears in 3 contracts

Samples: Conveyance and Assumption Agreement, Storage Services Agreement (Phillips 66 Partners Lp), Services Agreement (Phillips 66 Partners Lp)

Partnership Change in Control. Upon the occurrence of a Partnership Change in Control, Carrier shall provide Company Operator with Notice of such Partnership Change in Control at least 60 Days prior to the effective date thereof. Within 180 days At any time after six (6) months following receipt of such Notice, Company Operator may elect to terminate this Agreement, effective no earlier than the effective date of such Partnership Change in Control.

Appears in 3 contracts

Samples: Conveyance and Assumption Agreement, Line Origination Services Agreement (Phillips 66 Partners Lp), Services Agreement (Phillips 66 Partners Lp)

Partnership Change in Control. Upon the occurrence of a Partnership Change in Control, Carrier shall provide Company with written Notice of such any Partnership Change in Control at least 60 Days prior to the effective date thereof. Within 180 days Days following receipt of such Notice, Company may elect to terminate this Agreement, effective no earlier than the effective date of such Partnership Change in Control. In the event this Agreement is terminated early as a result of Partnership Change in Control, Company shall have no further payment obligations to Carrier except for those incurred prior to the effective date of termination.

Appears in 1 contract

Samples: Shared Services Agreement (Phillips 66 Partners Lp)

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Partnership Change in Control. Upon the occurrence of a Partnership Change in Control, Carrier shall provide Company with Notice of such any Partnership Change in Control at least 60 Days prior to the effective date thereof. Within 180 days Days following receipt of such Notice, Company may elect to terminate this Agreement, effective no earlier than the effective date of such Partnership Change in Control. In the event this Agreement is terminated early as a result of Partnership Change in Control, Company shall have no further payment obligations to Carrier except for those incurred prior to the effective date of termination.

Appears in 1 contract

Samples: Shared Services Agreement (Phillips 66 Partners Lp)

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