Examples of Paulsboro Oil Supply Agreement in a sentence
The amount of the total authorized capital stock of the Corporation shall be SIXTY THOUSAND Dollars ($60,000.00), consisting of FIFTY MILLION (50,000,000) shares of Common Stock, par value $.001 per share and TEN MILLION (10,000,000) shares of Preferred Stock, par value $.001 per share.
In the event that the supply products and services provided under the Paulsboro Oil Supply Agreement shall be replaced, substituted or restated, each of the parties hereto agrees, at the request of Statoil or the replacement supplier of products and services, to execute and deliver a new intercreditor agreement with such Person on substantially the same terms as herein provided.
Statoil shall be deemed to have entered into and continued with the Paulsboro Oil Supply Agreement in express reliance upon this Agreement and Valero shall be deemed to have entered into and continued with the Seller Note Agreement or any of the Collateral Documents in express reliance upon this Agreement.
Statoil and Valero agree that, as among themselves, to the extent the terms and provisions of the Seller Note Agreement, any of the Collateral Documents or the Paulsboro Oil Supply Agreement are inconsistent with the terms and provisions of this Agreement, the terms and provisions of this Agreement shall control.
The successors and assigns of the Revolving Lenders, the Revolving Agent, the Term Loan Lenders, the Term Loan Agent and Statoil, as the case may be, shall include any successors and assigns appointed under the terms of the Revolving Loan Documents, the Term Loan Documents or the Paulsboro Oil Supply Agreement, as applicable.
Whenever in Section 1.1 a term is defined by reference to the meaning ascribed to such term in the Paulsboro Oil Supply Agreement or in any of the Loan Documents, then, unless otherwise specified herein, such term shall have the meaning ascribed to such term in the Paulsboro Oil Supply Agreement or Loan Documents.
Each of Statoil, the Revolving Agent (for itself and on behalf of each Revolving Lender) and the Term Loan Agent (for itself and on behalf of each Term Loan Lender) agrees, that, as among themselves, to the extent the terms and provisions of the other Loan Documents or the Paulsboro Oil Supply Agreement are inconsistent with the terms and provisions of this Agreement, the terms and provisions of this Agreement shall control.
Whenever in Section 1.1 a term is defined by reference to the meaning ascribed to such term in the Paulsboro Oil Supply Agreement or in the Seller Note Agreement, then, unless otherwise specified herein, such term shall have the meaning ascribed to such term in the Paulsboro Oil Supply Agreement or the Seller Note Agreement.
Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Any party listed in this paragraph 19 may, by notices as aforesaid, designate a different address for addresses for notice, statements, demands or other communications intended for it.
Nothing in this Agreement will be deemed to require either Statoil or Valero to marshal the applicable Valero Collateral (or any other collateral) or the Statoil Assets and Collateral, as applicable, upon the enforcement of Valero’s or Statoil’s remedies under the applicable Seller Note Agreement, any of the Collateral Documents or the Paulsboro Oil Supply Agreement, as the case may be.