Examples of Newco LLC Agreement in a sentence
The Company acknowledges that the Newco LLC Agreement provides that the Company shall take certain actions thereunder, which the Company hereby agrees to take in accordance with the terms of the Newco LLC Agreement as if it were a party thereto.
Crestwood Midstream will prepare such additional budgets as any Member (on behalf of Newco) requests from time, including for Growth Projects (as defined in the Newco LLC Agreement).
Except to the extent expressly approved by Newco in writing, neither Crestwood Midstream nor ServiceCo shall take (i) any action that requires the approval of the Board pursuant to the Newco LLC Agreement, including the actions set forth on Schedule 3.01(d), except to the extent expressly approved by the Board in writing or (ii) any such additional actions as may be specified in writing from time to time by Newco.
Until the Initial Closing Date (and thereafter as provided in the Newco LLC Agreement), the Newco Employees will continue to participate in the compensation and employee benefit plans and arrangements of Crestwood and its Affiliates.
For the avoidance of doubt, following the Closing, nothing in this Agreement will limit any remedies available to a Party under the JV LLC Agreement, the JV Letter Agreement or the Newco LLC Agreement after the Closing.