Common use of Global Agreement Clause in Contracts

Global Agreement. Each of Vitol and Charlesbank hereby agrees to execute and deliver the Global Agreement and to take such other actions as may be required by it under the Global Agreement to consummate the Phase I Transactions, including (i) the purchase by Vitol and Charlesbank, respectively, of the Convertible Debentures and the Purchased Partnership Units, (ii) the execution by Vitol and Charlesbank, respectively of the Registration Rights Agreement, and (iii) the execution by the General Partner of the Amended Partnership Agreement (collectively, the “Phase I Closing”), all on October 25, 2010 or such other date as the Parties may mutually agree (the “Phase I Closing Date”).

Appears in 2 contracts

Sources: Purchase, Sale & Co Investment Agreement (CB-Blueknight, LLC), Purchase, Sale & Co Investment Agreement (Blueknight Energy Holding, Inc.)