SNG Subject Interest definition

SNG Subject Interest has the meaning assigned to such term in the recitals.
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SNG Subject Interest together with the CIG Subject Interest, the “Subject Interests”) pursuant to the terms of the Contribution Agreement (as defined below) and this Agreement; and
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Examples of SNG Subject Interest in a sentence

  • EP SNG hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to El Paso, its successors and assigns, for its and their own use forever, all right, title and interest in and to the SNG Subject Interest, and El Paso hereby accepts such SNG Subject Interest from EP SNG.

  • Operating Company hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to EPPP SNG, its successors and assigns, for its and their own use forever, all right, title and interest in and to the SNG Subject Interest, and the Operating Company hereby accepts such SNG Subject Interest from the Operating Company.

  • EP SNG hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to El Paso, its successors and assigns, for its and their own use forever, all right, title and interest in and to the SNG Subject Interest, and El Paso hereby accepts the SNG Subject Interest from EP SNG.

  • The Operating Company hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to EPPP SNG, its successors and assigns, for its and their own use forever, all right, title and interest in and to the SNG Subject Interest, and EPPP SNG hereby accepts such contribution from the Operating Company.

  • The SNG Subject Interest has been duly authorized and is validly issued and fully paid (to the extent required under the Existing SNG Partnership Agreement).

  • The SNG Subject Interest is not subject to any agreements or understandings with respect to the voting or transfer of the SNG Subject Interest (except the contribution of the SNG Subject Interest contemplated by this Agreement and the Contribution Agreement, as may be contained in the Existing SNG Partnership Agreement and restrictions on transfer under applicable federal and state securities laws).

  • In accordance with Existing CIG Partnership Agreement and with respect of the CIG Subject Interest, the Management Committee of CIG has consented to the admission of the Partnership or its designee as the partner of CIG and, in accordance with Existing SNG Partnership Agreement and with respect of the SNG Subject Interest, the Management Committee of SNG has consented to the admission of the Partnership or its designee as the partner of SNG, with such admissions to be effective promptly after Closing.