Agreement and Grant Sample Clauses

Agreement and Grant. 1.1 This Deferred Share Unit Agreement (this “Agreement”) is entered into between Triangle Petroleum Corporation (the “Corporation”) and (the “Executive”).
Sample 1
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Agreement and Grant. A. Subject to subsection (1) B of this section, during the Term of this MOA, VDOT hereby agrees to grant to Agreement Service Provider Abbreviated Name access to the VDOT ROW shown on the map labeled Figure 1 attached hereto and described in Attachment A, as may be necessary for [Agreement Service Provider Abbreviated Name]’s Network for the purposes set forth in this Agreement. VDOT further grants to Agreement Service Provider Abbreviated Name the right to design, develop, construct, install, remove, upgrade, maintain and operate the Network in the VDOT ROW subject to the provisions of this Agreement. Except as otherwise provided in this Agreement, Agreement Service Provider Abbreviated Name shall bear the entire cost and expense related to the design, development, construction, installation, inspection, maintenance and operation of the Network. Notwithstanding anything to the contrary in this Agreement, Agreement Service Provider Abbreviated Name shall be exclusively responsible for the construction, installation, operation and maintenance of the Network installed in the VDOT ROW pursuant to this Agreement and VDOT hereby disclaims any liability or responsibility for the Network, including, but not limited to, construction, installation, maintenance, repair, damage, malfunction, and/or operation of the Network and/or any costs related thereto. Agreement Service Provider Abbreviated Name agrees that this Agreement does not authorize Agreement Service Provider Abbreviated Name or its contractors to build or place any regeneration facilities within any VDOT limited access right-of-way.
Sample 1
Agreement and Grant. A. Subject to subsection (1)(B) of this section and the project contingencies set forth in Section 4(E), during the Term of this SUA, ODOT hereby agrees to grant to MMI access to the ODOT ROW over one or both of the Segments shown on the map labeled Figure 1 attached hereto, and described in more detail in Attachment A, as may be necessary for MMI’s Network for the purposes set forth in this Agreement. ODOT further grants to MMI the right, subject to any additional conditions or approvals set forth in this Agreement, to design, develop, construct, install, upgrade, maintain and operate the fiber optic cables and associated components and electronics (provided, however, that MMI may not remove any conduit or other buried components of the Network once installed) making up the Network in the ODOT ROW over each Segment, with the following general characteristics: - The Network will contain up to 3 conduits: One with fiber optic cable that includes the ODOT Fiber and any additional fiber that MMI installs at its discretion; One empty maintenance conduit, and; one empty conduit for future expansion of the Network. - Up to two inline amplification devices placed on the ODOT ROW. Specifically, the Parties agree that ODOT’s grant of access shall include approval of running line placement within five (5) feet of the edge of pavement, where construction is feasible; approval, where required and practicable, to construct within the median of the highway; and approval to attach to ODOT structures (bridges, overpasses, etc.) where necessary. Except as otherwise provided in this Agreement, MMI shall bear the entire cost and expense related to the design, development, construction, installation, inspection, maintenance and operation, and relocation (subject to Section 8(B)) of the Network. Notwithstanding anything to the contrary in this Agreement, MMI – on its own or through the use of contractors – shall be exclusively responsible for the construction, installation, operation and maintenance of the Network installed in the ODOT ROW pursuant to this Agreement and ODOT hereby disclaims any liability or responsibility for the Network, including, but not limited to, construction, installation, maintenance, repair, damage, malfunction, or operation of the Network and any costs related thereto. ODOT agrees that any subsequent grants for fiber development – including as part of a public-private- partnership agreement – shall not interfere with the grant contained within this ...
Sample 1
Agreement and Grant. Subject to subsection (1) B of this section, during the Term of this MOA, VDOT hereby agrees to grant to the School Board access to the VDOT ROW shown on the map labeled Figure 1 attached hereto and described in Attachment A, as may be necessary for the School Board’s Network for the purposes set forth in this Agreement. VDOT further grants to the School Board the right to design, develop, construct, install, remove, upgrade, maintain and operate the Network in the VDOT ROW subject to the provisions of this Agreement. Except as otherwise provided in this Agreement, the School Board shall bear the entire cost and expense related to the design, development, construction, installation, inspection, maintenance and operation of the Network. Notwithstanding anything to the contrary in this Agreement, the School Board shall be exclusively responsible for the construction, installation, operation and maintenance of the Network installed in the VDOT ROW pursuant to this Agreement, and VDOT hereby disclaims any liability or responsibility for the Network, including, but not limited to, construction, installation, maintenance, repair, damage, malfunction, and/or operation of the Network and/or any costs related thereto. the The School Board agrees that this Agreement does not authorize the School Board or its contractors to build or place any regeneration facilities within any VDOT limited access right-of-way. The School Board shall request, and VDOT in its sole discretion will issue a VDOT Land Use Permit only upon submission by the School Board of engineering plans that are acceptable to and approved by VDOT. The VDOT Land Use Permit shall govern all the School Board activities relating to the Network, including but not limited to the construction, installation, management, maintenance and operation of the Network under the terms of this Agreement. This Agreement in no way creates a commercial establishment or business enterprise on the VDOT ROW. This Agreement and the work hereunder is not a public works project. This Agreement is not a joint venture nor does it provide for any third party benefits to any other entity. The School Board will provide one separate forty-eight (48) forty-eight (48) count fiber optic cable identified by label or tag in The the School Board conduit along the portion of the School Board’s Network in the limited access Right of Way described in Section 1 of Attachment A at no cost to VDOT. In exchange, VDOT grants access to the School Boa...
Sample 1
Agreement and Grant. In the event that Seller may be considered to have rights in or own, in whole or in part, the Company’s Intellectual Property Assets, under applicable law, including but not limited to the trademark, copyright and patent laws of the United States (“Seller’s Rights”); for good and valuable consideration, receipt of which is hereby acknowledged, on the Closing Date, Seller does hereby agree to irrevocably assign and hereby does irrevocably assign unto Buyer, all right, title and interest in and to Seller’s Rights, together with the ongoing business, ongoing intent to resume or commence business and the goodwill associated with such Intellectual Property Assets.
Sample 1
Agreement and Grant. Subject to the terms and conditions of this Agreement, (i) Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller, the Phase I Property (defined in Section 1.3), and (ii) Seller grants to Purchaser the exclusive option to purchase the Phase II Property (defined in Section 1.3) (the “Phase II Option”) and the Phase III Property (defined in Section 1.3) (the “Phase III Option”). At the Closing (defined in Section 5.1) for the Phase I Property, Seller and Purchaser shall execute a Memorandum of Option (the “Memorandum”). Purchaser shall deliver a proposed form of Memorandum to Seller for its reasonable review and approval within 45 days after the Agreement Date and the parties shall mutually and in good faith agree upon the form of the Memorandum prior to the end of the Due Diligence Period. Upon the Closing for the Phase I Property, the Escrow Agent shall record the Memorandum in the real property records of Dallas County, Texas.
Sample 1

Related to Agreement and Grant

  • Agreement as Amended All references to the Agreement in any document heretofore or hereafter executed in connection with the transactions contemplated in the Agreement shall be deemed to refer to the Agreement as amended by this First Amendment.

  • AGREEMENT AND PLAN OF MERGER THIS AGREEMENT AND PLAN OF MERGER (the "Agreement") is made and entered into as of May 15, 1997, by and between XXXXX BANKCORP, INC. ("TARGET"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Ocilla, Georgia, and ABC BANCORP ("PURCHASER"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Moultrie, Georgia. PREAMBLE -------- Certain terms used in this Agreement are defined in Section 10.1 hereof. The Boards of Directors of TARGET and PURCHASER are of the opinion that the transactions described herein are in the best interests of TARGET and PURCHASER and their respective shareholders. This Agreement provides for the combination of TARGET with PURCHASER pursuant to the merger of TARGET with and into PURCHASER, as a result of which the outstanding shares of the capital stock of TARGET shall be converted into the right to receive shares of common stock of PURCHASER (except as provided herein), and the shareholders of TARGET shall become shareholders of PURCHASER (except as provided herein). The transactions described in this Agreement are subject to the approvals of the shareholders of TARGET, the Board of Governors of the Federal Reserve System, the Georgia Department of Banking and Finance and the satisfaction of certain other conditions described in this Agreement. It is the intention of the parties to this Agreement that the Merger for federal income tax purposes shall qualify as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code. Simultaneous with the Closing of the Merger, The Bank of Ocilla, a wholly- owned Georgia state bank subsidiary of TARGET, will be merged with and into The Citizens Bank of Tifton ("Citizens Bank"), a wholly-owned Georgia state bank subsidiary of PURCHASER, and will thereafter be operated as a branch of Citizens Bank.

  • Separation Agreement and General Release The Company’s obligation to make the Severance Payment or the Enhanced Severance Payment is conditioned on Executive’s or Executive’s legal representative’s executing a separation agreement and general release of claims related to or arising from Executive’s employment with the Company or the termination of employment, against the Company and its affiliates (and their respective officers and directors) in a form reasonably determined by the Company, which shall be provided by the Company to Executive within five (5) days following the Date of Termination; provided, that, if Executive should fail to execute (or revokes) such release within sixty (60) days following the Date of Termination, the Company shall not have any obligation to provide the Severance Payment or the Enhanced Severance Payment. If Executive executes the release within such sixty (60) day period and does not revoke the release within seven (7) days following the execution of the release, the Severance Payment or the Enhanced Severance Payment will be made in accordance with Section 4(a)(ii) or Section 4(b)(ii), as applicable.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

  • Amendment and Restatement; No Novation This Agreement constitutes an amendment and restatement of the Existing Credit Agreement, effective from and after the Closing Date. The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement. On the Closing Date, the credit facilities described in the Existing Credit Agreement shall be amended, supplemented, modified and restated in their entirety by this Agreement and the facilities described herein, and all loans and other obligations of the Borrower outstanding as of such date under the Existing Credit Agreement shall be deemed to be loans and obligations outstanding under the corresponding facilities described herein, without any further action by any Person, except that the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balance of such Loans, together with any Loans funded on the Closing Date, reflect the respective Revolving Credit Commitments of the Lenders hereunder.

  • Arrangement Agreement This Plan of Arrangement is made pursuant to, and is subject to the provisions of, the Arrangement Agreement, except in respect of the sequence of the steps comprising the Arrangement, which shall occur in the order set forth herein.

  • Confidentiality Agreements The parties hereto agree that this Agreement supersedes any provision of the Confidentiality Agreements that could be interpreted to preclude the exercise of any rights or the fulfillment of any obligations under this Agreement, and that none of the provisions included in the Confidentiality Agreements will act to preclude Holder from exercising the Option or exercising any other rights under this Agreement or act to preclude Issuer from fulfilling any of its obligations under this Agreement.

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