Common use of Performance by Subsidiaries Clause in Contracts

Performance by Subsidiaries. The Exchange Party may cause any one or more of its Subsidiaries to deliver Common Units or cash that the Exchange Party may be required to deliver hereunder. Such delivery shall constitute performance of the obligations of the Exchange Party to the same extent as delivery by the Exchange Party, but the ability of the Exchange Party to cause a Subsidiary to make such deliveries shall not relieve the Exchange Party of its obligation for such deliveries to be made.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kinder Morgan Energy Partners L P), Limited Liability Company Agreement (Kinder Morgan Management LLC)

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Performance by Subsidiaries. The Exchange Party may cause any one its Subsidiary or more of its Subsidiaries to deliver and Common Units or cash that which the Exchange Party may be required to deliver hereunder. Such delivery shall constitute performance of the obligations of the Exchange Party to the same extent as delivery by the Exchange Party, but the ability of the Exchange Party to cause a Subsidiary to make such deliveries shall not relieve the Exchange Party of its obligation for such deliveries to be made.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kinder Morgan Management LLC)

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