Assignment of Purchase Agreement to Targa Operating. The Partnership hereby assigns to Targa Operating all of its rights under the Purchase Agreement to purchase the LP Interests from Targa LP, and Targa Operating hereby assumes (without any release or novation of the Partnership) all of such obligations of the Partnership under the Purchase Agreement.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement (Targa Resources, Inc.), Contribution, Conveyance and Assumption Agreement (Targa Resources Partners LP)