Separate Formalities. The Company shall, and shall cause the Partnership to, (i) observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation and other Applicable Laws, (ii) engage in transactions with any member of the SemGroup Entities in conformity with the requirements of Section 7.9(c) of the Partnership Agreement and (iii) subject to the terms of the Omnibus Agreement, promptly pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup Entities. Each material contract between the Company or the Partnership, on the one hand, and any member of the SemGroup Entities, on the other hand, shall be in writing.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (SemGroup Energy Partners, L.P.), Limited Liability Company Agreement (SemGroup Energy Partners, L.P.)
Separate Formalities. The Company shall, and shall cause each of the General Partner and the Partnership to, (i) to observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation and other Applicable Laws, (ii) to engage in transactions with any member of the SemGroup Entities UCH Group in conformity with the requirements of Section 7.9(c) of the Partnership Agreement and (iii) subject to the terms of the Omnibus Agreement, promptly to pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup EntitiesUCH Group. Each material contract between the Company Company, the General Partner or the Partnership, on the one hand, and any member of the SemGroup EntitiesUCH Group, on the other hand, shall be in writing.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Universal Compression Partners, L.P.), Limited Liability Company Agreement (Universal Compression Partners, L.P.)
Separate Formalities. The Company shall, and shall cause each of the General Partner and the Partnership to, (i) to observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation and other Applicable Laws, (ii) to engage in transactions with any member of the SemGroup Entities Regency Group in conformity with the requirements of Section 7.9(c) of the Partnership Agreement and (iii) subject to the terms of the Omnibus Agreement, promptly to pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup EntitiesRegency Group. Each material contract between the Company Company, the General Partner or the Partnership, on the one hand, and any member of the SemGroup EntitiesRegency Group, on the other hand, shall be in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Regency Energy Partners LP)
Separate Formalities. The Company shall, and shall cause the Partnership to, (i) observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation and other Applicable Laws, (ii) engage in transactions with any member of the SemGroup Controlling Entities in conformity with the requirements of Section 7.9(c) of the Partnership Agreement and (iii) subject to the terms of the Omnibus Agreement, promptly pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup Controlling Entities. Each material contract between the Company or the Partnership, on the one hand, and any member of the SemGroup Controlling Entities, on the other hand, shall be in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Blueknight Energy Partners, L.P.)
Separate Formalities. The Company shall, and shall cause each of the General Partner and the Partnership to, (i) to observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation and other Applicable LawsLaw, (ii) to engage in transactions with any member of the SemGroup Entities Regency Group in conformity with the requirements of Section 7.9(c7.09(c) of the Partnership Agreement and (iii) subject to the terms of the Omnibus Agreement, promptly to pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup EntitiesRegency Group. Each material contract between the Company Company, the General Partner or the Partnership, on the one hand, and any member of the SemGroup EntitiesRegency Group, on the other hand, shall be in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Regency Energy Partners LP)
Separate Formalities. The Company shall, and shall cause the Partnership to, (i) observe all limited liability company or limited partnership formalities, as the case may be, and other formalities required by its organizational documents, the laws of the jurisdiction of its formation formation, or other laws, rules, regulations and other Applicable Lawsorders of governmental authorities exercising jurisdiction over it, (ii) engage in transactions with any member of the SemGroup Entities Group Member in conformity with the requirements of Section 7.9(c) of the Partnership Agreement 7.10(c), and (iii) subject to the terms of the Omnibus Agreement, promptly pay, from its own funds, and on a current basis, its allocable share of general and administrative expenses, capital expenditures, and costs for shared services performed by any member of the SemGroup EntitiesGroup Member. Each material contract between the Company or the Partnership, on the one hand, and any member of the SemGroup Entitiesother Group Member, on the other hand, shall be in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Legacy Reserves L P)