Examples of APL Sub in a sentence
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.
Upon receipt of the ROFR Election Notice by APL Sub, Optionholder and APL Sub shall negotiate in good faith and enter into a definitive agreement with respect to the transaction specified by Optionholder in the ROFR Election Notice and consummate such transaction within 60 days of receipt of the ROFR Notice by Optionholder.
From and after the date hereof until the termination of this Agreement, APL and APL Sub agree to use commercially reasonable efforts to obtain the consent of the Required Lenders and, if necessary, the release of any collateral to be conveyed under this Agreement.
No other limited partnership or limited liability company action by any APL Party is necessary to authorize the execution and delivery by APL or APL Sub of this Agreement and the transactions contemplated hereby.
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.
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.
Neither APL Sub nor, to APL’s knowledge, Laurel Mountain is in default or violation of any term, condition or provision of, the LMM Agreement.
If the Right of First Refusal is deemed waived pursuant to Section 2(a) of this Agreement, APL Sub shall have the right, subject to compliance with the provisions of the LLC Agreement, to market, offer, negotiate and consummate the Transfer of the Marketed Interest described in the ROFR Notice to a third party for a period of 120 days after the expiration of the ROFR Election Period.
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).
Atlas and ATN hereby agree to furnish to APL and APL Sub, concurrently with the execution and delivery thereof, copies of any amendments, supplements and restatements of, and any waivers of any of the terms or conditions of, any Specified Agreement.