Examples of Chesapeake Entity in a sentence
Subject to the provisions in Sections 2.2 and 2.5, none of Chesapeake, Chesapeake Management or any other Chesapeake Entity will otherwise exercise direction, supervision or control over the Seconded Employees, and Chesapeake and Chesapeake Management shall cause their Affiliates (other than CMV, the General Partner, the MLP and their Subsidiaries) not to exercise direction, supervision or control over the Seconded Employees.
If upon review of the hours a Shared Services Employee has worked on Chesapeake Entity matters, the General Partner wishes to restrict further or eliminate such work for Chesapeake Entities by a Shared Services Employee, the General Partner will give Chesapeake Management at least 30 days’ notice of that restriction or elimination.
In addition, business travel and other business expenses reimbursed in the normal course by a Chesapeake Entity and incurred to facilitate the provision of the Shared Employee Services during a month will be deducted from the Services Reimbursement due under Section 4.1 for such month.
For each Seconded Employee, the “Period of Secondment” shall be that period of time as set forth in Section 2.2. Seconded Employees shall have no authority or apparent authority to act on behalf of Chesapeake Management or any Chesapeake Entity when they are under the direction, supervision or control of the General Partner during the Period of Secondment.
Except as set forth on Schedule 2.12, no member of the Company Group or any Chesapeake Entity is a party to, nor is any member of the Company Group or any Chesapeake Entity or any of the Assets bound by, any Participation Agreement.
Within 15 days after Closing Date, the Seller Parties shall, and shall cause their respective Affiliates to, transfer to the Buyer to the extent not already in the possession of the Buyer or a member of the Company Group copies of the books and records of the members of the Company Group that are in the possession of any Chesapeake Entity.
Except as set forth in this Section 11.10, the provisions of this Agreement are enforceable solely by the Parties, and no limited partner, member, or assignee of a Chesapeake Entity or a member of the Company Group or other Person shall have the right, separate and apart from the Chesapeake Entities and the members of the Company Group, to enforce any provision of this Agreement or to compel any Party to comply with the terms of this Agreement.
The Partnership shall have sixty days following receipt of the Monetization ROFO Notice to propose an offer to enter into the Monetization Transaction with Chesapeake Holdings or such Chesapeake Entity (the “Monetization ROFO Response”).
For the avoidance of doubt, the provisions of this Agreement shall not give rise to any right of recourse against any officer or director of any Chesapeake Entity or any member of the Company Group.
If the Partnership has not validly delivered a Monetization ROFO Response as specified above in respect of a Monetization Transaction that is subject to a Monetization ROFO Notice, Chesapeake Holdings or the applicable Chesapeake Entity shall be free to enter into such Monetization Transaction with any third party on terms and conditions no more favorable to such third party than those set forth in the Monetization ROFO Notice.