Examples of Höegh Norway in a sentence
Höegh Norway shall, and shall procure that any Person to whom performance of any of the Administrative Services is subcontracted, keep confidential, all information it has acquired or developed in the course of providing the Administrative Services.
Höegh Norway and any subcontractors shall perform the Administrative Services as independent contractors and the Parties do not intend, and nothing herein will be interpreted so as, to create a partnership or joint venture relationship or agency relationship between Höegh Norway and any one or more of the MLP, the Operating Company, the General Partner or any other member of the Partnership Group.
Höegh Norway shall provide, or procure the provision of, the Administrative Services to Höegh UK (acting reasonably) and subject to the supervision of the board of directors of Höegh UK.
Upon termination of this Agreement, Höegh Norway shall forthwith surrender to Höegh UK, or procure the surrender to Höegh UK, of any and all books, records, documents and other property relating to this Agreement and to the business, finance, technology, trademarks or affairs of the MLP and any member of the Partnership Group (including Höegh UK) and, except as required by law, shall not retain any copies of same.
Höegh Norway and its employees shall not, without the prior written consent of Höegh UK (not to be unreasonably withheld or delayed), provide services of a nature similar to the Administrative Services to any other Person other than Höegh LNG Holdings Ltd.
All amounts not paid within 10 days after the Subcontractor Due Date bear interest at the rate of 3.00% per annum above the three-month US$ LIBOR rate as at the Subcontractor Due Date from such Subcontractor Due Date until the date payment is received in full by Höegh Norway.
Höegh Norway may not subcontract all or part of the Administrative Services, save that it may subcontract all or such portion of the Administrative Services as it deems advisable or appropriate in its sole discretion, with the prior written consent of Höegh UK, to any other Person.
Upon termination of this Agreement, Höegh Norway shall forthwith surrender to the MLP and the Operating Company, or procure the surrender to the MLP and the Operating Company, of any and all books, records, documents and other property relating to this Agreement and to the business, finance, technology, trademarks or affairs of the MLP and any member of the Partnership Group and, except as required by law, shall not retain any copies of same.
Höegh Norway and its employees shall not, without the prior written consent of the MLP and the Operating Company (not to be unreasonably withheld or delayed), provide services of a nature similar to the Administrative Services to any other Person.
For the avoidance of doubt, Höegh Norway shall not make any decisions relating to the business strategies of the MLP or the Operating Company.