COMMITMENTS AND CONTINGENCIES. The Partnership is the subject of, or a party to, a number of pending or threatened legal actions, contingencies and commitments involving a variety of matters, including laws and regulations relating to the environment. Some of these matters are discussed below. For matters for which the Partnership has not recorded an accrued liability, the Partnership is unable to estimate a range of possible losses for the reasons discussed in more detail below. However, the ultimate resolution of some of these contingencies could, individually or in the aggregate, be material.
Appears in 3 contracts
Sources: Membership Interests Contributions Agreement (MPLX Lp), Membership Interests Contribution Agreement (MPLX Lp), Membership Interests Contribution Agreement (MPLX Lp)