Use of Downstream NGL Pipeline and Interconnect Sample Clauses

Use of Downstream NGL Pipeline and Interconnect. (i)Seller and Buyer have agreed that the Purchased Assets shall include the NGL Pipeline and Interconnect and the TEPPCO Interconnection Agreement which shall be conveyed to Buyer on the Closing Date as part of the Purchased Assets and shall include any and all Rights‑of‑Way associated with the NGL Pipeline and Interconnect referenced as “Doc# 137366” (Grantor, Atmos Energy Corporation) under the “Easements” heading on Schedule 4.13(a) and any and all required Consents from third Persons with respect thereto, which Consents shall permit the transfer to Buyer or any of its Affiliates. The TEPPCO Interconnection Agreement shall be conveyed by Seller to Buyer pursuant to the TEPPCO Interconnection Agreement Assignment. The Parties agree that in the event that the foregoing Consents (including the Consent for the TEPPCO Interconnection Agreement Assignment) are not received by Buyer at the Closing, the provisions of Section 6.9 shall apply with respect to the rights of Buyer and the obligations of Seller with respect to such Purchased Assets.
Sample 1
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