Examples of Chevron Agreement in a sentence
The Chevron Agreement, a true and correct copy of which is attached hereto as Exhibit A, is a legal, valid and binding obligation of the parties thereto and is in full force and effect.
As of the date of this Agreement, the Company has not received notice of any breach of the Chevron Agreement.
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The parties hereto agree that the value of the Chevron Parcel (as between Seller and Purchaser) is the sales price of the Chevron Parcel as shown in the Chevron Agreement, and the Seller agrees to indemnify and save Purchaser harmless from any income tax Purchaser may become obligated for as a result of the sale of the Chevron Parcel from Purchaser to Chevron as a result of the foregoing.
Should the closing of the Chevron Parcel occur before or after the Closing of this Agreement, Seller will obtain all tenants' consents required by the Chevron Agreement.
Neither party to the Chevron Agreement is in breach or default by any such party, and no event has occurred which with notice or lapse of time would constitute a breach or default, under the Chevron Agreement.
There are no actions, suits or proceedings pending (or, to the best of Seller's knowledge after due inquiry, threatened) which affect the business or operation of the LLC, the Chevron Agreement, any other property or assets of the LLC, the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby.
The Seller has no knowledge of any matter which materially and adversely affects or may materially and adversely affect the operation, prospects or condition of the LLC or the LLC's interest in the Chevron Agreement which has not been disclosed to the Purchaser.
The execution of this Agreement and consummation of the transactions contemplated hereby will not (i) violate the organizational documents of the LLC or, to the best of Seller's knowledge, any law, regulation or other restriction applicable to the LLC; or (ii) conflict with, result in a breach of, or cause a default under the Chevron Agreement or any other instrument, contract, license or other arrangement to which the LLC or a Member is a party or any of its assets are subject.
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