NAP Agreement definition

NAP Agreement means an agreement executed by a Franchisee and VTE in which the Franchisee agrees to be bound by the bylaws of the NAP Board.
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NAP Agreement has the meaning specified in Section 6.9.1.
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Examples of NAP Agreement in a sentence

  • Leviathan has entered into an agreement, attached as Schedule 9 hereto, with North Atlantic Pipeline Partners, L.P., an indirect wholly owned subsidiary of Offshore, and other parties, dated February 5, 1998, relating to the participation by Leviathan in a proposed pipeline project in Canadian Atlantic waters (the "NAP Agreement").

  • The Company and Offshore agree that no payments shall be made by or on behalf of Leviathan pursuant to the NAP Agreement and Leviathan will not incur any liability or obligation under the NAP Agreement prior to the first anniversary of the Effective Time, and the NAP Agreement may be terminated by Leviathan at any time prior to the first anniversary of the Effective Time without cost, liability, expense or continuing obligation on the part of Leviathan or any of its affiliates.

  • No press release or other public disclosure that mentions Parent or its Subsidiaries shall be made with respect to the NAP Agreement or the transactions contemplated thereby, except by Offshore with the prior consent of Parent, which will not be unreasonably withheld or delayed.