Examples of AMI Agreement in a sentence
Approve Advanced Metering Infrastructure (AMI) Agreement With Sensus USA Inc.
On its face, this provision says nothing about the AMI Agreement.
Put differently, Spring Creek had two surviving claims against Hess: (1) that Hess breached the AMI Agreement’s confidentiality provision by disclosing its terms to Statoil without Spring Creek’s consent, and (2) that Hess breached the AMI Agreement by not paying ORRIs on the “Existing Leases,” which the original complaint defines as those leases sold to Hess in the First Assignment, plus leases acquired by Hess in the AMI through November 2010.
Statoil had no interest in inheriting Hess’s obligations under the AMI Agreement.
Under the AMI Agreement, to whatever extent Hess acquires additional leases, Plaintiffs would benefit, in the form of additional ORRIs, “from the resources [Hess] invested in acquiring new leases, if any, without any effort on Plaintiffs’ part, and receive those ORRIs ‘free and clear of any burdens placed thereon by [Hess].’” Hess Aplee.