Tolling Agreement Sample Clauses
A Tolling Agreement is a contractual provision that pauses or extends the statute of limitations for legal claims between parties. In practice, this means that if two parties are engaged in settlement discussions or negotiations, they can agree to temporarily suspend the countdown on the time limit for filing a lawsuit. This allows both sides to resolve disputes without the pressure of an impending deadline, ultimately preserving legal rights while encouraging out-of-court resolution and reducing unnecessary litigation.
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Tolling Agreement. The Tolling Agreement shall be fully executed as of the Effective Date and remain in full force and effect and enforceable against both Borrower and REG Marketing through the Construction/Term Loan Maturity Date. The Tolling Agreement shall at all times include tolling fees payable to Borrower by REG Marketing of not less than the following:
(i) $1.00 per gallon for up to 1,000,000 gallons of monthly production;
(ii) $0.40 per gallon for the next 250,000 gallons of monthly production;
(iii) $0.30 per gallon for the next 250,000 gallons of monthly production; and
(iv) $0.20 per gallon thereafter. Neither Borrower nor REG Marketing shall amend, modify or terminate the Tolling Agreement without Lender’s prior written consent, which consent shall not be unreasonably withheld.
Tolling Agreement. The Tolling Agreement between the United States and Briarleaf dated April 26, 2016, is hereby terminated.
Tolling Agreement. Contemporaneously with the execution and delivery of this Agreement, Purchaser will extend the time for compliance by Seller of its obligations to develop additional "Chili's" and "On the Border" restaurants during 2000 and 2001 under the existing Development Agreements, in the event the Closing hereunder shall not occur, for a period of time equal to the number of days elapsed from the date of this Agreement through the date of termination of this Agreement. In addition, Purchaser hereby agrees that the development schedule for "Chili's" shall be amended from the current 3 additional units in each of 2001 and 2002 to a schedule of 2 additional units in 2001 and 4 additional units in 2002.
Tolling Agreement. In the event that MEMC Singapore requests that Tainergy perform such tolling for MEMC Singapore, the Parties shall enter into a customary tolling agreement (a “Tolling Agreement”). A Tolling Agreement will include customary input delivery and output delivery.
Tolling Agreement. Upon the filing of the dismissals without prejudice provided in paragraph 2.1.d. of this Agreement, each of the parties desires to preserve for the period set forth below the status quo of the claims so dismissed, insofar as timeliness of any litigation is concerned. Therefore, in consideration of the mutual covenants herein, each of the parties hereby agrees and covenants that any and all applicable periods of limitation or equitable defenses of laches relevant to the Tolled Claims (as defined below) shall be tolled and/or extended for the period from the original filing of such Tolled Claims in The Litigation until the date on which Atmel Corporation, or its successors or assigns, is no longer entitled to assert a claim against SEEQ in connection with the transactions 8 9
Tolling Agreement. The Processing Company, STL, shall enter into a Tolling Agreement with the J.V. whereby the J.V. shall grant STL the right to process all of the Slag acquired by the J.V. from GCM on terms and conditions as set out in the Tolling Agreement attached as Appendix 4 to this Agreement.
Tolling Agreement. Notwithstanding any prior course of conduct between the Seller and ▇▇▇▇▇, CHP recognizes that the Supply Agreement does not permit CHP or any successor or permitted assign either to supply dyes or dyes auxiliaries, respectively, under the Supply Agreement pursuant to "tolling agreements" or similar arrangements in which CHP does not either manufacture the relevant product or to take delivery of the product from a third party at CHP's place of business and perform some other value-added service prior to delivery to ▇▇▇▇▇, except to the extent such arrangements are already in place and are necessary to permit CHP to satisfy its obligations under any "Purchase Order" (as defined in the Supply Agreement) that has been submitted by ▇▇▇▇▇ and accepted by the Seller prior to the date hereof (the "Existing Arrangements"). CHP recognizes that any tolling arrangement or similar arrangements relating to new business or amendments or renewals of Existing Arrangements (including purchase orders that are periodically repeated) will be subject to the prior written consent of ▇▇▇▇▇.
Tolling Agreement. THIS TOLLING AGREEMENT dated as of [ ], 2008 (this “Agreement”), is made and entered into between [ ], a [describe entity] (“Seller”), and PacifiCorp, an Oregon corporation, acting in its merchant function capacity (“Buyer”). Seller and Buyer are referred to collectively as the “Parties” and individually as a “Party.”
Tolling Agreement. The Project Company and PG&E Energy Trading - Power, L.P., a Delaware limited partnership (PGET), entered into a tolling agreement dated April 14, 2000, (the TOLLING AGREEMENT). The Tolling Agreement provides for the Project Company to design, construct and operate the Project in order to provide certain tolling operations to PGET and for PGET to utilize the Project for the processing of natural gas supplied by PGET into electric power.
Tolling Agreement. (a) Any statute of limitations applicable to any Preserved Claim, whether arising in contract or tort or otherwise, has been tolled by Tolling Agreement Numbers 1, 2, 3, 4 and 5 for the period beginning on March 20, 2007 and ending at 11:59 p.m. on September 20, 2009, and shall continue to be tolled for an additional period ending at 11:59 p.m. on December 31, 2010. The Tolling Agreement set forth in this paragraph shall be in effect during the pendency of the proceedings in the Delaware Chancery Court referred to in paragraph 3 above, and shall survive any termination or rescission of this Settlement Agreement.
(b) While this Tolling Agreement remains in effect, BPXA shall cooperate, in the manner described below, with any investigation that the Trustee may conduct into any Preserved Claim. BPXA shall cooperate with such investigation by complying with reasonable requests by the Trustee for documents and access to BPXA personnel. BPXA will reimburse the Trustee for the Trustee’s reasonable fees and expenses, including attorneys’ fees, incurred in conducting such investigation.
