Common use of Duration Termination Clause in Contracts

Duration Termination. (a) This License shall remain in full force and effect until it is terminated. At such time as the General Partner is no longer an Affiliate of QRC or there is a Change of Control of the Partnership, the license granted hereunder shall immediately terminate without further action of any party.

Appears in 3 contracts

Samples: Omnibus Agreement (Quest Energy Partners, L.P.), Omnibus Agreement (Quest Energy Partners, L.P.), Omnibus Agreement (Quest Resource Corp)

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Duration Termination. (a) This License shall remain in full force and effect until it is terminated. At such time as the General Partner is no longer an Affiliate of QRC Parent or there is a Change of Control of the Partnership, the license granted hereunder shall immediately terminate without further action of any either party.

Appears in 2 contracts

Samples: Omnibus Agreement (SemGroup Energy Partners, L.P.), Omnibus Agreement (SemGroup Energy Partners, L.P.)

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Duration Termination. (a) This License shall remain in full force and effect until it is terminated. At such time as the General Partner is no longer an Affiliate of QRC Parent or there is a Change of Control of the Partnership, the license granted hereunder shall immediately terminate without further action of any partyParty.

Appears in 2 contracts

Samples: Omnibus Agreement (SemGroup Energy Partners, L.P.), Omnibus Agreement (SemGroup Energy Partners, L.P.)

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