Common use of NES Clause in Contracts

NES. Prior to Closing, Seller shall cause NOARK to divest or otherwise transfer all of its equity interests in NES to either Seller or one of Seller’s Affiliates (other than any member of the NOARK Group) without any indemnification or other residual liability on the part of any of the NOARK Group. For the avoidance of doubt, neither NES nor the equity interests in NES shall be considered part of the NOARK Group or the Business at any time.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Atlas Pipeline Partners Lp), Securities Purchase Agreement (Atlas Pipeline Holdings, L.P.), Securities Purchase Agreement (Spectra Energy Partners, LP)

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