Deliveries and Actions at Closing. (a) At the Closing, NRGY shall deliver, or shall cause to be delivered, to Holdings GP a counterpart of an assignment (the “Assignment of Interests”), evidencing the assignment, transfer and delivery to Holdings GP of the MGP GP Interests, duly executed by NRGY. (b) At the Closing, Holdings GP shall deliver, or shall cause to be delivered, to NRGY (i) a counterpart of the Assignment of Interests duly executed by Holdings GP; and (ii) the Purchase Price.
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (Inergy L P), Membership Interest Purchase Agreement (Inergy Midstream, L.P.)
Deliveries and Actions at Closing. (a) At the Closing, NRGY shall deliver, or shall cause to be delivered, to Holdings GP (i) a counterpart of an assignment (the “Assignment of Interests”), evidencing the assignment, transfer and delivery to Holdings GP of the MGP GP Interests, duly executed by NRGY.
(b) At the Closing, Holdings GP shall deliver, or shall cause to be delivered, to NRGY (i) a counterpart of the Assignment of Interests duly executed by Holdings GP; and (ii) the Purchase Price.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Inergy Midstream, LLC)