Mixed Company definition

Mixed Company means PetroCumarebo or Baripetrol (and collectively, the “Mixed Companies”);
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Mixed Company has the meaning assigned to it in the Whereas of this Agreement.
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Mixed Company means a company in respect of which the Valuation Percentage is less than [60% (sixty per cent.)] at the date of the DPA (or, if the relevant company accedes to the DPA after that date, the date upon which it accedes to the DPA) and in respect of which there is no agreement or announced intention to take any step which would result in the Valuation Percentage in respect of that company exceeding [60% (sixty per cent.)];
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Examples of Mixed Company in a sentence

  • Notwithstanding the foregoing, PPSA can assign its rights and obligations under this Contract to any other of the entities referred to in Article 27 of the Organic Hydrocarbons Law, and the Mixed Company can assign its rights for receipt of payment derived from the sale of Hydrocarbons under this Contract.

  • The Debtor Party shall have no right to receive dividends from the Mixed Company until the date on which it fully pays all amounts owed to the Creditor Party.

  • Except for the part of the contribution in cash set forth in clause (A) of this Article 1.4 that corresponds to the par value of the shares to be issued to the shareholders in proportion to their participation in the capital of the Mixed Company, the value of all other contributions made to the Mixed Company pursuant to this Article 1.4 shall be reflected in the financial statements of the Mixed Company as paid-in surplus.

  • It is understood and agreed that the assets and rights referred to in clauses (B) and (C) of this Article 1.4 shall be transferred to the Mixed Company in the condition in which they exist (“as is”), without any cost or charge and without the Parties agreeing to any express or implied guarantee with respect to the condition of such assets and rights at the time of transfer, but with guaranty of title and of non-existence of liens over them.

  • All notices and other communications between the Parties shall be in writing and shall be deemed effective upon receipt by the intended recipient at the following addresses, or at any other address timely indicated by either of the Parties in writing to the other: To the Mixed Company: To PPSA: or at such other address as either Party may indicate to the other in writing, with at least ten (10) Days’ prior notice, in accordance with the terms of this Article.

  • Each Party and each shareholder of the Mixed Company shall have the right to request tests of the meters in place at the Delivery Points by an independent expert, and to witness such tests and receive the test results.

  • Within the first twenty (20) calendar days (hereinafter “Days”) of each calendar month (hereinafter “Month”), the Mixed Company shall inform PPSA of the volume of Hydrocarbons it estimates to deliver to PPSA the following Month.

  • The Mixed Company shall undertake its operations in accordance with the business plan that is attached hereto as Annex I (“hereinafter the “Business Plan”).

  • Sole Risk Projects shall not interfere or affect in a negative and substantial manner the existing or planned petroleum operations of the Mixed Company.

  • The Mixed Company will maintain the confidentiality of such transferred technologies.