Common use of No Effect Clause in Contracts

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities.

Appears in 30 contracts

Samples: Limited Liability Company Agreement (Valero Gp Holdings LLC), Limited Liability Company Agreement (Enterprise GP Holdings L.P.), Limited Liability Company Agreement (QR Energy, LP)

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No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Holdings Entities for the provision of services or the purchase or sale of products.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Southcross Energy Partners, L.P.), Limited Liability Company Agreement (USA Compression Partners, LP), Limited Liability Company Agreement (USA Compression Partners, LP)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with any of the Controlling Entities for the provision of services or the purchase or sale of products.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (EIG BBTS Holdings, LLC), Limited Liability Company Agreement (TW Southcross Aggregator LP), Limited Liability Company Agreement (CB-Blueknight, LLC)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with DEFS and its Affiliates for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (DCP Midstream Partners, LP), Limited Liability Company Agreement (DCP Midstream Partners, LP)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with SET and its Affiliates for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with any other Person (including any Affiliate) for the provision of services or the purchase or sale of products.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Mid-Con Energy Partners, LP), Limited Liability Company Agreement (Mid-Con Energy Partners, LP), Limited Liability Company Agreement (Mid-Con Energy Partners, LP)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Exelon Generation Co LLC), Limited Liability Company Agreement (Pepco Holdings LLC), Limited Liability Company Agreement (Exelon Generation Co LLC)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Emerge Holdings Entities for the provision of services or the purchase or sale of products.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Emerge Energy Services LP), Limited Liability Company Agreement (Emerge Energy Services LP), Limited Liability Company Agreement

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Tesoro Entities for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement, Secondment Agreement or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Tesoro Logistics Lp), Limited Liability Company Agreement (Tesoro Logistics Lp)

No Effect. Failure by the Company company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Anadarko Entities for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Western Midstream Operating, LP), Limited Liability Company Agreement (Western Midstream Partners, LP), Limited Liability Company Agreement (Western Midstream Partners, LP)

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No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with Holdings and its Affiliates for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Eagle Rock Energy Partners, L.P.), Limited Liability Company Agreement (Eagle Rock Energy Partners, L.P.)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with Holding Co. and its Affiliates for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Field Services Entities for the provision of services or the purchase or sale of products.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CSI Compressco LP)

No Effect. Failure by the Company company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilitiesliabilities or restrict or limit the Company from engaging or contracting with the Controlling Entities for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Blueknight Energy Partners, L.P.)

No Effect. Failure by the General Partner or the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities.

Appears in 1 contract

Samples: Ares Management Lp

No Effect. Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities, or restrict or limit the Company from engaging or contracting with the Tesoro Entities for the provision of services or the purchase or sale of products, whether under the Omnibus Agreement, or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tesoro Corp /New/)

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