Common use of Effectiveness of Transactions Clause in Contracts

Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, none of the provisions of Article II shall be operative or have any effect until the Effective Time, at which time all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.

Appears in 3 contracts

Samples: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Valero Energy Partners Lp), Contribution, Conveyance and Assumption Agreement (Valero Energy Partners Lp)

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Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, none of the provisions of Article II or Article III shall be operative or have any effect until at least the Effective Time, at which respective time all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Green Plains Partners LP)

Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, none of the provisions of Article II or Article III shall be operative or have any effect until the Effective Time, at which respective time all such applicable provisions shall be effective and operative in accordance with Section 5.1 7.1 without further action by any Party.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Hess Midstream Partners LP)

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Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, none of the provisions of Article II or Article III shall be operative or have any effect until the Effective Time, at which respective time all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Green Plains Partners LP)

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