Common use of Conflict Circumstance Clause in Contracts

Conflict Circumstance. Any transaction or dealing between the Partnership (or any Wholly Owned Subsidiary) and a Designating Partner (the “Conflicted Designating Partner”) or any of its Affiliates pursuant to any agreement (including this Agreement or any other Related Agreements) or otherwise, including action to be taken by the Partnership pursuant to Section 9.3(c) or (d) or 13.3(b); provided, however, that a Conflict Circumstance shall cease to exist if and when the third party with which the transaction or dealing exists shall cease to be an Affiliate of a Designating Partner. Conflicted Designating Partner. As defined in the definition of “Conflict Circumstance.” Contributed Business. As defined in each of the Contribution Agreements. Contributing Partner. See Section 2.4.

Conflict Circumstance. Any transaction or dealing between the Partnership (or any Wholly Owned Subsidiary) and a Designating Partner (the “Conflicted Designating Partner”) or any of its Affiliates pursuant to any agreement (including this Agreement or any other Related Agreements) or otherwise, including action to be taken by the Partnership pursuant to Section 9.3(c) or (d) or 13.3(b); provided, however, that a Conflict Circumstance shall cease to exist if and when the third party with which the transaction or dealing exists shall cease to be an Affiliate of a Designating Partner. Conflicted Designating Partner. As defined in the definition of “Conflict Circumstance.” Contributed Business. As defined in each of the Contribution Agreements. Contributing Partner. See Section 2.4.