Partnership Disposing Party definition

Partnership Disposing Party has the meaning assigned to such term in Section 5.1.

Examples of Partnership Disposing Party in a sentence

  • The Partnership Disposing Party Offer shall constitute a binding offer to sell the EXCO Subject Assets to the EXCO Group on the terms set forth therein.

  • If EXCO does not submit a Partnership Offer on behalf of the EXCO Group or its Partnership Offer is not accepted by the Partnership Disposing Party, the EXCO Group thereafter waives all rights to the purchase of the EXCO Subject Assets, provided that the Partnership Disposing Party and the Partnership Third Party Transferee consummate the Transfer of the EXCO Subject Assets within 90 days from the expiration of the EXCO Negotiation Period.

  • For as long as the MLP remains an Affiliate of EXCO, and subject to the applicable provisions of the OLP Credit Agreement, if any Partnership Group Member (the "Partnership Disposing Party") desires to Transfer any EXCO Subject Assets, the Partnership Disposing Party shall provide the EXCO Group a right of first offer to acquire such EXCO Subject Assets pursuant to the procedures set forth below.