Examples of P66 Party in a sentence
Except as would not, individually or in the aggregate, have a Material Adverse Effect, no Litigation is pending or, to the P66 Parties’ knowledge, threatened to which any P66 Party is or may become a party that questions or involves the validity or enforceability of any of their respective obligations under this Agreement or seeks to prevent or delay, or damages in connection with, the consummation of the transactions contemplated hereby.
Additionally, should any of the P66 Parties or any of their respective Subsidiaries, after Closing, receive any payments or distributions relating to the Contributed Interests or the Contributed Entities to which the Partnership or any of its Subsidiaries is entitled pursuant to this Agreement, then such P66 Party or its applicable Subsidiary shall, within thirty (30) days of receipt of such payments, forward such payments or distributions to the Partnership.
Market access was also found to influence non-farm opportunity, intensification of use of fertilizer and other inputs which are consistent with better land productivity [45].On the other hand, having access to credit probably increased their confidence to choose risky crops since it is one of ex-post strategies to manage risk.
Should any of the P66 Parties or any of their respective Subsidiaries, after Closing, receive any payments or distributions related to the Contributed Entities or the Xxxxxxxx Pipeline Assets to which the Partnership or any of its Subsidiaries is entitled pursuant to this Agreement, then such P66 Party or its applicable Subsidiary shall, within thirty (30) days of receipt of such payments, forward such payments or distributions to the Partnership.
This Section 5.7 shall not apply to any Proceedings against any P66 Party or any of their respective directors, managing members or officers, as applicable, to the extent arising out of this Agreement, the Merger or the other transactions contemplated by this Agreement.
Notwithstanding the foregoing, no failure or delay by the Partnership, the General Partner, or any P66 Party in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder.
This Agreement has been duly executed and delivered by each P66 Party and, assuming due authorization, execution and delivery of this Agreement by the other parties hereto, constitutes a legal, valid and binding obligation of such P66 Party, enforceable against such P66 Party in accordance with its terms, except as such enforcement may be limited by the Enforceability Exceptions.
No P66 Party is in breach or default of any Material Contract to which it is a party.
Upon a mutual determination by the Parties that all of the P66 Parties’ obligations have been satisfied and no P66 Party has any further Liability under the Construction Contracts, the P66 Parties shall, or shall cause their Subsidiaries to, assign the Construction Contracts to Xxxxxx Frac LLC, unless assignment automatically occurs as a matter of law.
Since the Balance Sheet Date, except for this Agreement and the transactions contemplated by this Agreement, each P66 Party has carried on and operated its business in the ordinary course of business (except for commercially reasonable actions outside of the ordinary course of business or not consistent with past practice in response to changes or developments resulting or arising from the COVID-19 pandemic).