Common use of No Release Clause in Contracts

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 61 contracts

Samples: Limited Liability Company Agreement (Universal Compression Partners, L.P.), Limited Liability Company Agreement (Atlas Resource Partners, L.P.), Limited Liability Company Agreement (Magellan Midstream Holdings Lp)

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No Release. No Disposition of a Membership Interests Interest shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 59 contracts

Samples: Membership Interest Purchase Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (RGC Resources Inc)

No Release. No Disposition of Membership Interests Interest shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Limited Liability Company Agreement (Penn Virginia GP Holdings, L.P.), Limited Liability Company Agreement (Alliance Holdings GP, L.P.)

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Limited Liability Company Agreement (Sunoco Logistics Partners L.P.)

No Release. No Disposition of a Membership Interests Interest shall effect a release of the Disposing Member from any of its liabilities to the Company or the other Members arising from events or circumstances occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 7 contracts

Samples: Build Out Agreement (NextEra Energy Partners, LP), Limited Liability Company Agreement (Nextera Energy Partners, Lp), Purchase and Sale Agreement (Nextera Energy Partners, Lp)

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effectedeffectuated.

Appears in 5 contracts

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

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Non-Disposing Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 2 contracts

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

No Release. No Disposition of a Membership Interests Interest shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.. [*]

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Lazare Kaplan International Inc), Limited Liability Company Agreement (Lazare Kaplan International Inc)

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No Release. No Disposition of a Membership Interests Interest shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to or in connection with the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Noble Environmental Power LLC), Limited Liability Company Agreement (Noble Environmental Power LLC)

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected."

Appears in 1 contract

Samples: Limited Liability Company Agreement (Williams Energy Partners L P)

No Release. No Disposition of a Membership Interests Interest shall effect effectuate a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc)

No Release. No Disposition of a Membership Interests Interest shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.,

Appears in 1 contract

Samples: Limited Liability Company Agreement (Somerset Power LLC)

No Release. No Disposition of Membership Interests shall effect a release of the Disposing Member from any liabilities to the Company or the other Members arising from events occurring prior to the Disposition, except as otherwise may be provided in any instrument or agreement pursuant to which a Disposition of Membership Interests is effected.. CAPITAL CONTRIBUTIONS

Appears in 1 contract

Samples: Limited Liability Company Agreement (Magellan Midstream Partners Lp)

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