Examples of Exchange Partner in a sentence
In addition, if the Partnership elects to pay the Cash Amount, then (i) the General Partner shall pay such Cash Amount to the Exchanging Partner and (ii) such transaction shall be treated, for federal income tax purposes, as a transfer by the Exchange Partner of the Tendered Units to the General Partner in exchange for the Cash Amount.
If Netscape opts to deploy ADFORCE's Banner Exchange technology to provide a Banner Exchange to NETSCAPE Banner Exchange Partner sites outside of NETSCAPE Netcenter or NETSCAPE Affiliates, NETSCAPE may do so solely on a "barter" basis as described in the Banner Exchange definition above.
If, because of Force Majeure, the Declaring Party is unable to take delivery of part or all of the quantity of crude oil to be delivered by the Exchange Partner under this Agreement or associated contract, the Exchange Partner shall have the right, but not the obligation, to reduce its receipts of crude oil under the same Agreement or associated contract by an amount not to exceed the number of barrels of crude oil that the Declaring Party fails to take delivery of.
There are no outstanding orders or decrees issued by any Governmental Authority in any proceeding to which the Partnership, the Subsidiary or any Exchange Partner is or was a party which have not been complied with in full.
In the case of any Force Majeure event, the Declaring Party shall promptly notify the Exchange Partner, first by telephone, to be confirmed in writing, giving reasonable details of the cause of the Force Majeure event and its estimated duration.
The Exchange Partner shall thereafter have the right to withdraw its Exchange Notice within five (5) days of receipt of the Valuation Notice (and any such withdrawn Exchange Notice shall be null and void for the purposes of this Agreement).
SRC shall not take any action to cause, or which would permit, an Eligible Receivable to cease to be an Eligible Receivable, other than solely as a result of the Obligor with respect to such Receivable becoming subject to an Exchange Partner Arrangement after the related TSA Transfer Date or except as otherwise expressly provided by this Agreement; provided that in no event shall an Eligible Receivable becoming a Defaulted Receivable constitute a breach of this Section 4.3(b).
Following receipt of an Exchange Notice, XXXXX OP shall notify the relevant Exchange Partner of the Per Class A Unit Exchange Factor (the “Valuation Notice”) at least seven (7) days prior to the Exchange Date.
Such Seller shall not take any action to cause, or which would permit, an Eligible Receivable to cease to be an Eligible Receivable, other than solely as a result of the Obligor with respect to such SA Receivable becoming subject to an Exchange Partner Arrangement after the related SA Transfer Date or except as otherwise expressly provided by this Agreement; provided that in no event shall an Eligible Receivable becoming a Defaulted Receivable constitute a breach of this Section 4.3(b).
If, because of Force Majeure, the Declaring Party is unable to take delivery of part or all of the quantity of crude oil to be delivered by the Exchange Partner under the Original Agreement or associated contract, the Exchange Partner shall have the right but not the obligation to reduce Its receipts of crude oil under the same Original Agreement or associated contract by an amount not to exceed the number of barrels of crude oil that the Declaring Party fails to take delivery of.