MEMBERSHIP INTEREST PURCHASE AGREEMENT AMONG SASOL CHEMICALS (USA) LLC, LOUISIANA INTEGRATED POLYETHYLENE JV LLC, LYONDELLBASELL LC OFFTAKE LLC AND, SOLELY FOR PURPOSES OF SECTION 2.07, LYONDELL CHEMICAL COMPANY AND, SOLELY FOR PURPOSES OF SECTION...Membership Interest Purchase Agreement • October 2nd, 2020 • LyondellBasell Industries N.V. • Industrial organic chemicals • Delaware
This Membership Interest Purchase Agreement, dated as of October 1, 2020 (the “Execution Date”), is entered into by and among Sasol Chemicals (USA) LLC, a Delaware limited liability company (the “Existing Member”), Louisiana Integrated PolyEthylene JV LLC, a Delaware limited liability company (the “Company”), LyondellBasell LC Offtake LLC, a Delaware limited liability company (the “New Member”), and, solely for purposes of Section 2.07, Lyondell Chemical Company, a Delaware corporation (the “New Member Guarantor”), and, solely for purposes of Section 6.05, Sasol Limited, a corporation organized and existing under the laws of the Republic of South Africa (“Sasol Limited”). Each of the Existing Member, the Company and the New Member is referred to herein individually, as a “Party,” and collectively, as the “Parties.”
