EV Person definition
EV Person means EnerVest and any Affiliate or fund that is Controlled by EnerVest; provided that, notwithstanding anything in this Agreement to the contrary, “EV Persons” shall not include (i) any Prohibited EV Person and (ii) solely for purposes of Section 3 and Section 5, Harvest and the Fund X Members.
Examples of EV Person in a sentence
EnerVest shall be responsible for any action by a Restricted Person or EV Person that would constitute a breach of any of the terms and conditions of this Agreement if such Restricted Person or EV Person, as applicable were a party to this Agreement.
For clarity, in order for any EV Person to exercise the Tag Right as described in this Section 5(a)(ii), all EV Persons who own interests in the applicable Tag Interests must exercise the Tag Right with respect to all of such interests.
As used in this Section 2, “Eligible Persons” shall mean (i) prior to the Trigger Date, any Fund XIV Member and (ii) following the Trigger Date, any EV Person (other than the Fund XIV Members).