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Common use of Payment of the Consideration Clause in Contracts

Payment of the Consideration. The Parties acknowledge that the Partnership has paid the Consideration to EP Noric. EP Noric hereby acknowledges receipt of the Consideration.

Appears in 2 contracts

Sources: Contribution Agreement (El Paso Pipeline Partners, L.P.), Contribution, Conveyance and Assumption Agreement (El Paso Pipeline Partners, L.P.)

Related Clauses

  • The Consideration
  • Payment of Consideration
  • Settlement Consideration
  • Other Consideration
  • Closing Consideration

Parent Clauses

  • Contribution and Acquisition Study Period
  • MISCELLANEOUS
  • TRANSFER, CONTRIBUTIONS AND ACKNOWLEDGMENTS
  • CONTRIBUTIONS, ACKNOWLEDGMENTS AND DISTRIBUTIONS
  • Limitation on Recourse

Sub-Clauses

  • Authorization, No Violations and Notices
  • Identity and Power
  • Organization and Power
  • Units Issued
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