Common use of Termination by the Partnership Clause in Contracts

Termination by the Partnership. The Partnership shall have the right, by giving notice as hereinafter specified to terminate this Agreement as to any or all Managers in its sole discretion at any time after the date of this Agreement; provided, however, that with respect to any pending sale, through any Manager for the Partnership, the obligations of the Partnership, including in respect of compensation of the Manager, shall remain in full force and effect notwithstanding the termination.

Appears in 5 contracts

Samples: Equity Distribution Agreement (Global Partners Lp), Equity Distribution Agreement (Tc Pipelines Lp), Equity Distribution Agreement (Tc Pipelines Lp)

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Termination by the Partnership. The Subject to the remaining terms of this Section 9, the Partnership shall have the right, by giving notice as hereinafter specified to terminate this Agreement as to any or all Managers in its sole discretion at any time after the date of this Agreement; provided, however, that with respect to any pending sale, through any Manager for the Partnership, the obligations of the Partnership, including in respect of compensation of the Manager, shall remain in full force and effect notwithstanding the termination.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Black Stone Minerals, L.P.), Equity Distribution Agreement (Antero Midstream Partners LP), Equity Distribution Agreement (Antero Midstream Partners LP)

Termination by the Partnership. The Partnership shall have the right, by giving notice as hereinafter specified to terminate this Agreement as to any or all Managers the Manager in its sole discretion at any time after the date of this Agreement; provided, however, that with respect to any pending sale, sale through any the Manager for the Partnership, the obligations of the Partnership, including in respect of compensation of the Manager, shall remain in full force and effect notwithstanding the termination.

Appears in 1 contract

Samples: Equity Distribution Agreement (Golar LNG Partners LP)

Termination by the Partnership. The Partnership shall have the right, by giving notice as hereinafter specified to terminate this Agreement as to any or all Managers in its sole discretion at any time after the date of this Agreement; provided, however, that with respect to any pending sale, through any Manager for the Partnership, the obligations of the Partnership, including in respect of compensation of the any Manager, shall remain in full force and effect notwithstanding the termination.

Appears in 1 contract

Samples: Equity Distribution Agreement (NGL Energy Partners LP)

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Termination by the Partnership. The Partnership shall have the right, by giving notice as hereinafter specified to terminate this Agreement as to any or all Managers the Manager in its sole discretion at any time after the date of this Agreement; provided, however, that with respect to any pending sale, through any the Manager for the Partnership, the obligations of the Partnership, including in respect of compensation of the Manager, shall remain in full force and effect notwithstanding the termination.

Appears in 1 contract

Samples: Equity Distribution Agreement (SunCoke Energy Partners, L.P.)

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