DevCo I definition
Examples of DevCo I in a sentence
No supplement, modification or waiver of this Agreement shall be binding unless executed in writing by all of the Parties or if such supplement, modification or waiver is with respect to Section 5.5, executed in writing by all of the Parties, CNX, NBL, DevCo I LP, DevCo II LP and DevCo III LP.
The Parties, CNX, NBL, DevCo I LP, DevCo II LP and DevCo III LP agree that they have been represented by counsel during the negotiation and execution of this Agreement and, therefore waive the application of any law, regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document.
Unless otherwise specifically provided in this Agreement, each of the Parties, CNX, NBL, DevCo I LP, DevCo II LP and DevCo III LP shall pay its own expenses incident to (a) this Agreement and the other Transaction Documents and (b) all action taken in preparation for effecting the provisions of this Agreement and the other Transaction Documents.
For the avoidance of doubt, the Deductible shall apply and be calculated separately for each of the Partnership, DevCo I LP, DevCo II LP and DevCo III LP, and indemnifiable Losses attributable to the Partnership, DevCo I LP, DevCo II LP and DevCo III LP shall not be aggregated for purposes of calculating the Deductible for each such entity.
This Agreement shall be binding upon and inure to the benefit of the Parties, CNX, NBL, DevCo I LP, DevCo II LP and DevCo III LP and their respective permitted successors and assigns, but neither this Agreement nor any of the rights, benefits or obligations hereunder shall be assigned, by operation of law or otherwise, by any Party or any of CNX, NBL, DevCo I LP, DevCo II LP or DevCo III LP without the prior written consent of the other parties hereto.
For the avoidance of doubt, the DevCo I Assumed Obligations shall not include any matter for which CONE Gathering is obligated to indemnify a Group Member under the terms of this Article II.
For the avoidance of doubt, the Interests Assumed Obligations shall not include any matter for which CONE Gathering is obligated to indemnify a Group Member or for which DevCo I LP, DevCo II LP or DevCo III LP is obligated to indemnify CONE Gathering under the terms of this Article II.
The Gatherer Reports shall include any Downtime Event relevant to the applicable time period covered by such Gatherer Report and shall also include a breakdown of the throughput amounts of Dedicated Production Tendered by Shipper applicable to (a) each Individual System and (b) each of the DevCo I Area, the DevCo II Area, the DevCo III Area and any area operated by OpCo at the time of the applicable Gatherer Report.
As soon as reasonably practicable, the Partnership shall obtain, or cause SP Holdings or DevCo I LP to obtain, any bonds, guarantees, deposits and other pre-payments or permits required by any Governmental Authority to own or operate the ▇▇▇▇▇▇▇-Penns Assets.
The Subject Interests are not subject to and were not issued in violation of any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of local or state law applicable to the Subject Interests, the DevCo I Partnership Agreement or any contract, arrangement or agreement to which CONE Gathering or any of its Affiliates is a party or to which it or any of their respective properties or assets is otherwise bound.