Common use of Tolling and Performance Clause in Contracts

Tolling and Performance. All applicable statutes of limitation and defenses based upon the passage of time shall be tolled while the procedures specified in Section 14.2(c) are pending. The parties shall take any action required to effectuate that tolling. Each party is required to continue to perform its obligations under this Agreement pending completion of the procedures set forth in Section 14.2(c), unless to do so would be impossible or impracticable under the circumstances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Phillips 66 Partners Lp)

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Tolling and Performance. All applicable statutes of limitation and defenses based upon the passage of time shall be tolled while the procedures specified in Section 14.2(c11.2(c) are pending. The parties Parties shall take any action required to effectuate that tolling. Each party is required to continue to perform its obligations under this Agreement pending completion of the procedures set forth in Section 14.2(c11.2(c), unless to do so would be impossible or impracticable under the circumstances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Riviera Resources, LLC)

Tolling and Performance. All applicable statutes of limitation and defenses based upon the passage of time shall be tolled while the procedures specified in Section 14.2(c8.18(c) are pending. The parties Parties shall take any action required to effectuate that tolling. Each party Party is required to continue to perform its obligations under this Agreement pending completion of the procedures set forth in Section 14.2(c8.18(c), unless to do so would be impossible or impracticable under the circumstances.. [Signature Page Follows]

Appears in 1 contract

Samples: Master Reorganization Agreement (Linn Energy, Inc.)

Tolling and Performance. All applicable statutes of limitation and defenses based upon the passage of time shall be tolled while the procedures specified in Section 14.2(c11.2(c) US-DOCS\83202430.20 are pending. The parties Parties shall take any action required to effectuate that tolling. Each party is required to continue to perform its obligations under this Agreement pending completion of the procedures set forth in Section 14.2(c11.2(c), unless to do so would be impossible or impracticable under the circumstances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Linn Energy, Inc.)

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Tolling and Performance. All applicable statutes of limitation and defenses based upon the passage of time shall be tolled while the procedures specified in Section 14.2(c) 11.3 are pending. The parties Parties shall take any action required to effectuate that tolling. Each party Party is required to continue to perform its obligations under this Agreement pending completion of the procedures set forth in Section 14.2(c11.3(c), unless to do so would be impossible or impracticable under the circumstances.

Appears in 1 contract

Samples: Contribution Agreement (PBF Holding Co LLC)

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