Contemplated Legal Steps. To avoid multiple state law conveyances of the MGR Interest, each Party entitled to receive an interest in the MGR Interest pursuant to this Section 2.4 agrees that WGRAH is instructed to convey such interests to each successive Party such that WGRAH will convey ownership of the MGR Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the Interest, each Party entitled to receive an interest in the Interest pursuant to this Section 2.4 agrees that WGRAH is instructed to convey the Interest to each successive Party such that WGRAH will convey legal title to the Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the System Assets and the Western Gas Wyoming Interest, each Party entitled to receive an interest in the System Assets and the Western Gas Wyoming Interest pursuant to this Section 2.7 agrees that WGRAH is instructed to convey such interests to each successive Party such that WGRAH will convey legal title to the System Assets and the Western Gas Wyoming Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers: (a) WGRAH distributes the System Assets and the Western Gas Wyoming Interest (collectively, the “Contributed Assets”) to WGR; (b) WGR contributes the Contributed Assets to WGR Holdings; (c) WGR Holdings contributes an undivided interest in the Contributed Assets to the General Partner where: (i) The undivided interest transferred by WGR Holdings to the General Partner is equal to 2% of “Net Equity”; and (ii) “Net Equity” is equal to the gross fair market value of the Contributed Assets minus the Cash Consideration to be distributed to WGR Holdings pursuant to Section 2.4; 16
Contemplated Legal Steps. To avoid multiple state law conveyances of the System Assets, each Party entitled to receive an interest in the System Assets pursuant to this Section 2.5 agrees that WGRAH is instructed to convey such interests to each successive Party such that WGRAH will convey legal title to the System Assets directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the KMGG Interest, each Party entitled to receive an interest in the KMGG Interest pursuant to this Section 2.4 agrees that WGRAH is instructed to convey such interests to each successive Party such that WGRAH will convey ownership of the KMGG Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the System Assets and the Chipeta Interest, each Party entitled to receive an interest in the System Assets and the Chipeta Interest pursuant to this Section 2.7 agrees that AUM is instructed to convey such interests to each successive Party such that AUM will convey legal title to the System Assets and the Chipeta Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the System Assets, each Party entitled to receive an interest in the System Assets pursuant to this Section 2.5 agrees that MGR is instructed to convey such interests to each successive Party such that MGR will convey legal title to the System Assets directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the System Assets and the Western Gas Wyoming Interest, each Party entitled to receive an interest in the System Assets and the Western Gas Wyoming Interest pursuant to this Section 2.7 agrees that WGRAH is instructed to convey such interests to each successive Party such that WGRAH will convey legal title to the System Assets and the Western Gas Wyoming Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the Interest, each Party entitled to receive an interest in the Interest pursuant to this Section 2.4 agrees that Contributing Party is instructed to convey the Interest to each successive Party such that Contributing Party will convey legal title to the Interest directly to the Operating Partnership in a single state law conveyance, which shall accomplish the following discrete transfers:
Contemplated Legal Steps. To avoid multiple state law conveyances of the Subject Interest, each Party entitled to receive an interest in the Subject Interest pursuant to this Section 2.5 agrees that at Closing CMH is instructed to convey such Subject Interest or undivided interests therein to each successive Party pursuant to the Subject Interest Contribution Agreement such that CMH will convey ownership of the Subject Interest directly to CMP in a single state law conveyance, which shall accomplish the following discrete transfers:
