Rhino Units. Rhino shall have delivered to Holdings certificates representing the Option Exercise Consideration Units and Rhino GP shall have delivered to Holdings evidence, to Holdings’ satisfaction, of the transfer of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Option Agreement (Royal Energy Resources, Inc.), Option Agreement (Rhino Resource Partners LP)
Rhino Units. Rhino shall have delivered deliver to Holdings certificates representing the Option Exercise Consideration Units and Rhino GP shall have delivered deliver to Holdings evidence, to Holdings’ satisfaction, of the transfer of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Option Agreement (Rhino Resource Partners LP), Option Agreement (Royal Energy Resources, Inc.)
Rhino Units. Rhino shall have delivered to Holdings certificates representing the Option Exercise Consideration New Rhino LP Units and Rhino GP shall have delivered to Holdings evidence, to Holdings’ satisfaction, of the transfer issuance of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.
Appears in 2 contracts
Samples: Equity Exchange Agreement (Rhino Resource Partners LP), Equity Exchange Agreement (Royal Energy Resources, Inc.)