Common use of Ratification of this Agreement Clause in Contracts

Ratification of this Agreement. With respect to any Disposition, an instrument, executed by the Disposing Member and its Assignee, containing the following information and agreements, to the extent they are not contained in the instrument described in Section 5.7(a)(i): (A) the Notice address of the Assignee; (B) the Percentage Interests after the Disposition of the Disposing Member and its Assignee (which together must total the Percentage Interest of the Disposing Member before the Disposition); (C) the Assignee’s ratification of this Agreement and agreement to be bound by it; and (D) representations and warranties by the Disposing Member and its Assignee (1) that the Disposition and admission is being made in accordance with Applicable Laws, and (2) that the matters set forth in Section 5.7(a)(i) and this Section 5.7(a)(ii) are true and correct.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.)

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Ratification of this Agreement. With respect to any Disposition, an instrument, executed by the Disposing Member and its Assignee, containing the following information and agreements, to the extent they are not contained in the instrument described in Section 5.7(a)(i4.3(a)(i): (A) the Notice notice address of the Assignee; (B) the Percentage Interests Sharing Ratios after the Disposition of the Disposing Member and its Assignee (which together must total the Percentage Interest Sharing Ratio of the Disposing Member before the Disposition); (C) the Assignee’s ratification of this Agreement and agreement to be bound by it; and (D) representations and warranties by the Disposing Member and its Assignee that (1) that the Disposition and admission is being made in accordance with Applicable Laws, and (2) that the matters set forth in Section 5.7(a)(i4.3(a)(i) and this Section 5.7(a)(ii4.3(a)(ii) are true and correct.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Unitholders Agreement (Energy Transfer Partners, L.P.), Limited Liability Company Agreement (Sunoco Logistics Partners L.P.)

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Ratification of this Agreement. With respect to any Disposition, an instrument, executed by the Disposing Member and its Assignee, containing the following information and agreements, to the extent they are not contained in the instrument described in Section 5.7(a)(i4.03(a)(i): (A) the Notice notice address of the Assignee; (B) the Percentage Interests Sharing Ratios after the Disposition of the Disposing Member and its Assignee (which together must total the Percentage Interest Sharing Ratio of the Disposing Member before the Disposition); (C) the Assignee’s ratification of this Agreement and agreement to be bound by it; and (D) representations and warranties by the Disposing Member and its Assignee that (1) that the Disposition and admission is being made in accordance with Applicable Laws, and (2) that the matters set forth in Section 5.7(a)(i4.03(a)(i) and this Section 5.7(a)(ii4.03(a)(ii) are true and correct.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Limited Liability Company Agreement (Williams Partners L.P.)

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