Common use of Separate Assets Clause in Contracts

Separate Assets. The Company shall not, and shall cause each Group Member to not, commingle or pool its funds or other assets with those of any other Person and shall maintain its assets in a manner in which it is not costly or difficult to segregate, ascertain or otherwise identify its assets as separate from those of any other Person.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Summit Midstream Partners, LP), Limited Liability Company Agreement, Limited Liability Company Agreement (Empire Petroleum Partners, LP)

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Separate Assets. The Company shall not, and shall cause each Group Member to not, not commingle or pool its funds or other assets with those of any other Person Person, except its consolidated Subsidiaries, and shall maintain its assets in a manner in which it is not costly or difficult to segregate, ascertain or otherwise identify its assets as separate from those of any other Person.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Blueknight Energy Holding, Inc.), Limited Liability Company Agreement (CB-Blueknight, LLC), Limited Liability Company Agreement (TW Southcross Aggregator LP)

Separate Assets. The Company shall not, and shall cause each Group Member to not, commingle or pool its funds or other assets with those of any other Person Person, except its consolidated Subsidiaries, and shall maintain its assets in a manner in which it is not costly or difficult to segregate, ascertain or otherwise identify its assets as separate from those of any other Person.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Emerge Energy Services LP), Limited Liability Company Agreement (Emerge Energy Services LP)

Separate Assets. The Company shall not, and shall cause each Group Member to not, not commingle or pool its funds or other assets with those of any other Person Person, and shall maintain its assets in a manner in which it that is not costly or difficult to segregate, ascertain or otherwise identify its assets as separate from those of any other Person.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)

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Separate Assets. The Company shall not, and shall cause each Group Member to not, not commingle or pool its funds or other assets with those of any other Person Person, except its consolidated Subsidiaries, and shall maintain its assets in a manner in which it that is not costly or difficult to segregate, ascertain or otherwise identify its assets as separate from those of any other Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Valero Gp Holdings LLC)

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