Sunset Assets definition
Examples of Sunset Assets in a sentence
Following the Closing, Fund G shall exercise commercially reasonable efforts to deliver to the Partnership the Easements relating to the Sunset Assets.
For the avoidance of doubt, if the conditions subsequent set forth in this Section 13.4 have not been met, or waived as applicable, and the Subsequent Closing shall not have occurred, by August 30, 2017, then neither Party shall have any further rights or obligations under this Section 13.4 or to the Reserved Units; provided, however, OpCo or LD 12 shall retain the Sunset Assets.
Fund G’s ownership of the Membership Interest and LD 12’s ownership and operation of the Assets is and has been, and following the Subsequent Closing, if any, with respect to the Sunset Assets will continue to be, in compliance in all material respects with all applicable federal, state and local laws, rules, regulations and orders; and neither Fund G, LD 12 nor any of their Affiliates has received notice from any Governmental Authority asserting any act of non-compliance.