Common use of Company Identity Clause in Contracts

Company Identity. The MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, the MLP and, except as permitted by Section 7.06, each of their respective Subsidiaries will at all times be respected and that none of the Borrower, the MLP, or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Resource or any other entity in which the MLP General Partner xx Xxxtin Resource owns any equity interest, except as permitted by Sectxxxx 0.13 and 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Resource and their other subsidiaries, (b) not permit any commxxxxxxg of the assets of the MLP General Partner, Martin Resource or any of their other Subsidiaries with assets of the XXX, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Resource or any of their other Subsidiaries from being readily xxxxxnguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Resource, and their other Subsidiaries are aware that each sucx Xxxxon is an entity separate and distinct from the MLP, the Borrower, and their respective Subsidiaries.

Company Identity. The In addition to the agreements set forth in Section 6.18, the MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, Borrower and the MLP and, except as permitted by Section 7.067.05, each of their respective Subsidiaries Subsidiaries, will at all times be respected and that none of the Borrower, the MLP, MLP or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Xxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Xxxxxx Resource owns any equity interestinterest (other than the MLP and its Subsidiaries), except as permitted by Sectxxxx 0.13 Section 5.13 and Section 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to to, (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Xxxxxx Resource and their other subsidiariesSubsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their Subsidiaries (other Subsidiaries than the MLP and its Subsidiaries) with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their Subsidiaries (other Subsidiaries than the MLP and its Subsidiaries) from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Xxxxxx Resource, and their Subsidiaries (other Subsidiaries are aware that each sucx Xxxxon is an entity separate than the MLP and distinct from the MLP, the Borrower, and their respective Subsidiaries.its

Company Identity. The MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, Borrower and the MLP and, except as permitted by Section 7.06, each of their respective Subsidiaries will at all times be respected and that none of the Borrower, the MLP, or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Xxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Xxxxxx Resource owns any equity interest, except as permitted by Sectxxxx 0.13 Sections 5.13 and 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to to, (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Xxxxxx Resource and their other subsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Xxxxxx Resource, and their other Subsidiaries are aware that each sucx Xxxxon such Person is an entity separate and distinct from the MLP, the Borrower, and their respective Subsidiaries.

Company Identity. The In addition to the agreements set forth in Section 6.18, the MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, Borrower and the MLP and, except as permitted by Section 7.067.05, each of their respective Subsidiaries Subsidiaries, will at all times be respected and that none of the Borrower, the MLP, MLP or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Xxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Xxxxxx Resource owns any equity interestinterest (other than the MLP and its Subsidiaries), except as permitted by Sectxxxx 0.13 Section 5.13 and Section 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to to, (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Xxxxxx Resource and their other subsidiariesSubsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their Subsidiaries (other Subsidiaries than the MLP and its Subsidiaries) with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their Subsidiaries (other Subsidiaries than the MLP and its Subsidiaries) from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Xxxxxx Resource, and their Subsidiaries (other Subsidiaries than the MLP and its Subsidiaries) are aware that each sucx Xxxxon such Person is an entity separate and distinct from the MLP, the Borrower, Borrower and their respective Subsidiaries.

Company Identity. The MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, the MLP and, except as permitted by Section 7.06, each of their respective Subsidiaries will at all times be respected and that none of the Borrower, the MLP, or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Xxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Xxxxxx Resource owns any equity interest, except as permitted by Sectxxxx 0.13 Sections 5.13 and 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Xxxxxx Resource and their other subsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Xxxxxx Resource, and their other Subsidiaries are aware that each sucx Xxxxon such Person is an entity separate and distinct from the MLP, the Borrower, and their respective Subsidiaries.

Company Identity. The MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, Borrower and the MLP and, except as permitted by Section 7.06, each of their respective Subsidiaries will at all times be respected and that none of the Borrower, the MLP, or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Xxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Xxxxxx Resource owns any equity interestinterest (other than the MLP and its Subsidiaries), except as permitted by Sectxxxx 0.13 Sections 5.13 and 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to to, (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Xxxxxx Resource and their other subsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries (other than the MLP and its Subsidiaries) with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Xxxxxx Resource or any of their other Subsidiaries (other than the MLP and its Subsidiaries) from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Xxxxxx Resource, and their other Subsidiaries (other than the MLP and its Subsidiaries) are aware that each sucx Xxxxon such Person is an entity separate and distinct from the MLP, the Borrower, and their respective Subsidiaries.

Company Identity. The MLP and the Borrower shall do or cause to be done (or refrain from doing or causing to be done, as the case may be) all things necessary to ensure that the separate legal identity of the Borrower, Borrower and the MLP and, except as permitted by Section 7.06, each of their respective Subsidiaries will at all times be respected and that none of the Borrower, the MLP, or any of their Subsidiaries will be liable for any obligations, contractual or otherwise, of the MLP General Partner, Martin Mxxxxx Resource or any other entity in which the MLP General Partner xx Xxxtin or Mxxxxx Resource owns any equity interest, except as permitted by Sectxxxx 0.13 Sections 5.13 and 7.02. Without limiting the foregoing, the MLP and the Borrower will, and will cause each of their respective Subsidiaries to to, (a) observe all requirements, procedures and formalities necessary or advisable in order that the MLP, the Borrower and each of their respective Subsidiaries will for all purposes be considered validly existing Persons separate and distinct from the MLP General Partner, Martin Mxxxxx Resource and their other subsidiaries, (b) not permit any commxxxxxxg commingling of the assets of the MLP General Partner, Martin Mxxxxx Resource or any of their other Subsidiaries with assets of the XXXMLP, the Borrower or any of their respective Subsidiaries which would prevent the assets of the MLP General Partner, Martin Mxxxxx Resource or any of their other Subsidiaries from being readily xxxxxnguished distinguished from the assets of the MLP, the Borrower, and their respective Subsidiaries, and (c) take reasonable and customary actions to ensure that creditors of the MLP General Partner, Martin Mxxxxx Resource, and their other Subsidiaries are aware that each sucx Xxxxon such Person is an entity separate and distinct from the MLP, the Borrower, and their respective Subsidiaries.