Common use of Sublease of Equipment Clause in Contracts

Sublease of Equipment. Effective June 1, 1998, EPCO and EPD OLP entered into one or more Sublease Agreements (the “Sublease Agreements”), pursuant to which EPCO agreed to sublease to EPD OLP the equipment covered by the Retained Leases. EPCO has assigned to EPD OLP all options held by EPCO to purchase any and all equipment subject to the Sublease Agreements and the Retained Leases.

Appears in 6 contracts

Samples: Administrative Services Agreement (Enterprise Products Partners L P), Administrative Services Agreement (TCTM L P), Administrative Services Agreement (Duncan Energy Partners L.P.)

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Sublease of Equipment. Effective June 1, 1998, EPCO and EPD the OLP entered into one or more Sublease Agreements (the “Sublease Agreements”), ) pursuant to which EPCO agreed to sublease certain of its equipment to EPD OLP the equipment covered by the Retained LeasesOLP. EPCO has assigned hereby assigns to EPD the OLP all options held by EPCO to purchase any and all equipment subject to the Sublease Agreements and the Retained LeasesAgreements.

Appears in 1 contract

Samples: Administrative Services Agreement (Enterprise Products Partners L P)

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Sublease of Equipment. Effective June 1, 1998, EPCO and EPD OLP entered into one or more Sublease Agreements (the “Sublease Agreements”), pursuant to which EPCO agreed to sublease to EPD OLP the equipment covered by the Retained Leases. EPCO has assigned to EPD OLP all options held by EPCO to purchase any and all equipment subject to the Sublease Agreements and the Retained Leases.

Appears in 1 contract

Samples: Administrative Services Agreement (Enterprise Products Partners L P)

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