Common use of Purchaser Covenant Clause in Contracts

Purchaser Covenant. Purchaser represents, warrants and covenants to Adviser, on behalf each Seller, that until the earlier to occur of the Closing Date, the termination of this Agreement pursuant to Section 7.3 and January 31, 2019, without the prior written consent of Adviser, on behalf of such Seller, it will not acquire from any other holder of EQGP Common Units (other than open-market purchases) such holder’s EQGP Common Units other than pursuant to an agreement with such holder of EQGP Common Units that is on substantially the same terms as this Agreement and does not result in such holder of EQGP Common Units receiving consideration for their EQGP Common Units that is greater than the consideration being received for the Subject Units under this Agreement.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Equitrans Midstream Corp), Unit Purchase Agreement (Equitrans Midstream Corp)

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Purchaser Covenant. Purchaser represents, warrants and covenants to Adviser, on behalf each Seller, Seller that until the earlier to occur of the Closing Date, the termination of this Agreement pursuant to Section 7.3 and January 31, 2019, without the prior written consent of Adviser, on behalf of such Seller, it will not acquire from any other holder of EQGP Common Units (other than open-market purchases) such holder’s EQGP Common Units other than pursuant to an agreement with such holder of EQGP Common Units that is on substantially the same terms as this Agreement and does not result in such holder of EQGP Common Units receiving consideration for their EQGP Common Units that is greater than the consideration being received for the such Seller’s Subject Units under this Agreement.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Equitrans Midstream Corp), Unit Purchase Agreement (Equitrans Midstream Corp)

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Purchaser Covenant. Purchaser represents, warrants and covenants to Adviser, on behalf each Seller, Seller that until the earlier to occur of the Closing Date, the termination of this Agreement pursuant to Section 7.3 and January 31, 2019, without the prior written consent of Adviser, on behalf of such Seller, it will not acquire from any other holder of EQGP Common Units (other than open-market purchases) such holder’s EQGP Common Units other than pursuant to an agreement with such holder of EQGP Common Units that is on substantially the same terms as this Agreement and does not result in such holder of EQGP Common Units receiving consideration for their EQGP Common Units that is greater than the consideration being received for the Subject Units under this Agreement.

Appears in 1 contract

Samples: Unit Purchase Agreement (Equitrans Midstream Corp)

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