API Canada definition
Examples of API Canada in a sentence
For each well drilled in which the Farmee is entitled, and elects, to participate, API Canada and the Farmee shall enter into a farmout agreement in the form to be agreed between the parties.
Contact Person for API Canada – ▇▇▇▇ ▇▇▇▇▇, Tel #: (▇▇▇) ▇▇▇-▇▇▇▇ Contact Person for Guildford’s – ▇▇▇ ▇▇▇▇▇▇▇, Tel #: (▇▇▇) ▇▇▇-▇▇▇▇ Contact Person for Getsco – To be provided.
API Canada is an indirect wholly-owned subsidiary of URMP and the shares of URMP are quoted on the over-the-counter bulletin board system of the National Association of Securities Dealers in the United States.
This Agreement shall be in effect for the time period XX/XX/XX through December 31, 20 , or the completion date of Professional Services to be rendered under this Agreement, whichever is later.
In consideration of the grant of the call option by the Farmee under this Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 350,000 common shares in the capital of URMP exercisable at a price of US $0.25 per share for a period of one year.
API Canada and the Farmee acknowledge that API Canada has entered into a farmin agreement dated July 10, 2002 with Anhydride Petroleum Limited Partnership (the “Limited Partnership”) in respect of the farmin by the Limited Partnership of up to a 25% working interest in the Lands.
API Canada acknowledges that the Farmee is a limited partnership to be formed under the name Anhydride Petroleum Limited Partnership and that before and after formation this Agreement is a binding agreement enforceable in accordance with its terms.
Section 3.2 of the Athabasca Agreement is hereby amended by deleting the paragraph in its entirety and substituting therefore the following: In consideration of the grant of the call option by the Farmee under this Agreement and under the Athabasca Prospect Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 1,500,000 common shares in the capital of URMP exercisable at a price of US $0.25 per share for a period of one year.
In consideration of the grant of the call option by the Farmee under this Agreement and under the Firebag Prospect Agreement, API Canada shall cause URMP to issue to the Farmee transferable warrants to acquire up to 750,000 common shares in the capital of URMP exercisable at a price of US $0.50 per share for a period of one year.
API Canada shall cause URMP to assume and pay all selling commissions and fees and the offering costs (including legal, accounting and audit) relating to the offering of units by the Farmee.