Common use of Assignor’s Rights and Obligations Clause in Contracts

Assignor’s Rights and Obligations. Any Partner who shall transfer any Percentage Interests or other interest in the Partnership shall cease to be a Partner with respect to such Percentage Interests or other interest and shall no longer have any rights or privileges of a Partner with respect to such Percentage Interests or other interest (it being understood, however, that the applicable provisions of Section 6.1 shall continue to inure to such Person's benefit), except that unless and until the Assignee is admitted as a substituted Partner in accordance with the provisions of Article XI (the "Admission Date"), -------------- (a) such assigning Partner shall retain all of the duties, liabilities and obligations of a Partner with respect to such Percentage Interests or other interest, including, without limitation, the obligation (together with its Assignee pursuant to Section 10.2(b)) to make and return Capital Contributions on account of such Percentage Interests or other interest pursuant to the terms of this Agreement and (ii) the General Partner may, in its sole discretion, reinstate all or any portion of the rights and privileges of such Partner with respect to such Percentage Interests or other interest for any period of time prior to the Admission Date. Nothing contained herein shall relieve any Partner who transfers any Percentage Interests or other interest in the Partnership from any liability of such Partner to the Partnership with respect to such Percentage Interests or other interest that may exist on the Admission Date or that is otherwise specified in the Pennsylvania Act and incorporated into this Agreement.

Assignor’s Rights and Obligations. Any Partner who shall transfer any Percentage Interests Units or other interest in the Partnership shall cease to be a Partner with respect to such Percentage Interests Units or other interest and shall no longer have any rights or privileges of a Partner with respect to such Percentage Interests Units or other interest (it being understood, however, that the applicable provisions of Section 6.1 shall continue to inure to such Person's benefit), except that unless and until the Assignee is admitted as a substituted Partner in accordance with the provisions of Article XI (the "Admission Date"), -------------- (a) such assigning -------------- Partner shall retain all of the duties, liabilities and obligations of a Partner with respect to such Percentage Interests Units or other interest, including, without limitation, the obligation (together with its Assignee pursuant to Section 10.2(b)) to make and return Capital Contributions on account of such Percentage Interests Units or other interest pursuant to the terms of this Agreement and (ii) the General Partner may, in its sole discretion, reinstate all or any portion of the rights and privileges of such Partner with respect to such Percentage Interests Units or other interest for any period of time prior to the Admission Date. Nothing contained herein shall relieve any Partner who transfers any Percentage Interests Units or other interest in the Partnership from any liability of such Partner to the Partnership with respect to such Percentage Interests Units or other interest that may exist on the Admission Date or that is otherwise specified in the Pennsylvania Act and incorporated into this AgreementAgreement or for any liability to the Partnership or any other Person for any materially false statement made by such Partner (in its capacity as such) in the Securityholders Agreement or an Executive Agreement or for any present or future breaches of any representations, warranties or covenants by such Partner (in its capacity as such) contained herein or in the other agreements with the Partnership.