Examples of APL Sub in a sentence
Optionee desires to provide Optionholder (i) an option to invest in APL Sub under certain circumstances in connection with a Growth Capital Project implemented by the Joint Venture Company, and Optionholder desires to obtain such an option, and (ii) a right of first refusal with respect to any Transfer by APL Sub of its Interest in the Joint Venture Company.
If, however, APL Sub is unable to consummate the Transfer of the Marketed Interest to a third party within the 120-day period following expiration of the ROFR Election Period, the proposed Transfer shall again become subject to the Right of First Refusal in Section 2(a).
Section 3.7 of the APL Disclosure Letter contains a complete and correct list, as of the date hereof, of all Contracts between (i) Laurel Mountain or one or more of its Subsidiaries, on the one hand, and any APL Party or one or more of its Affiliates, on the other hand, and (ii) APL Sub, on the one hand, and any of its Affiliates, on the other hand, that relate to the Laurel Mountain Business.
Rationale for interventionActivity in this area looks to correct information failures whereby conference or event organisers may not realise the full benefits of hosting events in London.
Upon the terms and subject to the conditions set forth herein, at the Closing, APL Sub shall sell, transfer, convey, assign and deliver to ATN, and ATN shall purchase and acquire from APL Sub, all of APL Sub’s right, title and interest in, to and under the Acquired LMM Interest.
Clear tenure rights to fishing is, therefore, a fundamental step towards improved fisheries governance, however care has to be taken to ensure that access limitations do not result in worsening food insecurity or in undermining customary and traditional rights of current resource users.
ATN hereby waives any rights that ATN may have pursuant to Section 2 of the ATN Option Agreement, dated as of June 1, 2009, by and among ATN, Atlas Pipeline Operating Partnership, L.P. and APL Sub in respect of any of the transactions contemplated by this Agreement, including the transfer of the Acquired LMM Interest by APL Sub contemplated hereby.
APL and APL Sub shall have delivered to Atlas a certificate executed on behalf of APL and APL Sub by a duly authorized executive officer, certifying that each of the conditions specified in Sections 6.2(a) and 6.2(b) has been satisfied.
If Optionholder wishes to exercise the Right of First Refusal, Optionholder must provide notice of its election (the “ROFR Election Notice”), to APL Sub within 5 business days of receipt by Optionholder of the ROFR Notice (the “ROFR Election Period”), or Optionholder shall be deemed to have waived its Right of First Refusal for the subject Transfer, but not any Right of First Refusal for future Transfers by APL Sub.
APL and APL Sub shall have performed in all material respects all obligations and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it prior to the Closing.