Execution of Receipts and Releases. Payment of cash or issuance or transfer of Units or other property to Participant, or to Participant’s legal representatives, heirs, legatees or distributees, in accordance with the provisions hereof, shall, to the extent thereof, be in full satisfaction of all claims of such persons hereunder. The Partnership may require Participant or Participant’s legal representatives, heirs, legatees or distributees, as a condition precedent to such payment or issuance, to execute a release and receipt therefor in such form as the Partnership shall reasonably determine.
Appears in 12 contracts
Samples: Award Agreement (Evolve Transition Infrastructure LP), Inducement Award Agreement (Evolve Transition Infrastructure LP), Evolve Transition (Evolve Transition Infrastructure LP)
Execution of Receipts and Releases. Payment Any payment of cash or any issuance or transfer of Units or other property to Participant, or to Participant’s legal representatives, heirs, legatees or distributees, in accordance with the provisions hereof, shall, to the extent thereof, be in full satisfaction of all claims of such persons hereunder. The Partnership Company may require Participant or Participant’s legal representatives, heirs, legatees or distributees, as a condition precedent to such payment or issuance, to execute a release and receipt therefor in such form as the Partnership it shall reasonably determine.
Appears in 10 contracts
Samples: Option Agreement (Linn Energy, LLC), Performance Unit Grant Agreement (Linn Energy, LLC), Option Agreement (Linn Energy, LLC)
Execution of Receipts and Releases. Payment Any payment of cash or any issuance or transfer of Units or other property to Participant, or to Participant’s 's legal representatives, heirs, legatees or distributees, in accordance with the provisions hereof, shall, to the extent thereof, be in full satisfaction of all claims of such persons hereunder. The Partnership may require Participant or Participant’s 's legal representatives, heirs, legatees or distributees, as a condition precedent to such payment or issuance, to execute a release and receipt therefor in such form as the Partnership it shall reasonably determine.
Appears in 2 contracts
Samples: Option Agreement (Abraxas Energy Partners LP), Legacy Reserves L P