Examples of DevCo I LP in a sentence
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.
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.
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.
Upon the terms and subject to the conditions set forth in this Agreement and in the DevCo Assignment, at the Closing, CNX Gathering shall sell, transfer, assign, convey and deliver, and DevCo I LP, as designee of the Partnership, agrees to purchase and pay for the CNX Interests.
Subject to Section 2.5, (i) 95% of all Asset Expenses that are incurred with respect to operations conducted or production prior to the Effective Time shall be paid by or allocated to CNX Gathering and (ii) all Asset Expenses that are incurred with respect to operations conducted or production from and after the Effective Time shall be paid by or allocated to DevCo I LP or SP Holdings.
Xxxxx Fargo Securities, LLC Acting on behalf of itself and as Representative of the several Initial Purchasers By: Xxxxx Fargo Securities, LLC By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Vice President Schedule I Guarantors CNX Midstream Operating Company LLC CNX Midstream DevCo I LP CNX Midstream DevCo I GP LLC CNX Midstream SP Holdings LLC SCHEDULE A Initial Purchasers Aggregate Principal Amount of Notes to be Purchased Xxxxx Fargo Securities, LLC $ 81,046,000 BofA Securities, Inc.
Following the close of the announced transaction, the Partnership will own a 100% interest in CONE Midstream DevCo I LP (the “Anchor Systems”).
DevCo I LP shall indemnify, defend and hold harmless CONE Gathering from and against any Losses suffered or incurred by any member of the CONE Gathering Group, directly or indirectly, by reason of or arising out of the DevCo I Assumed Obligations.
To the fullest extent permitted by law, DevCo I LP shall indemnify, defend and hold harmless CONE Gathering from and against any Losses suffered or incurred by any member of the CONE Gathering Group, directly or indirectly, by reason of or arising out of the DevCo I Assumed Obligations.