P&W Agreement definition
Examples of P&W Agreement in a sentence
CenCor hereby consents to the San J▇▇▇ Sale pursuant to the San J▇▇▇ Agreement and to the P/W Sale pursuant to the terms of the P/W Agreement, and waives any restrictions set forth in Section 7.1 or elsewhere in the Agreement with respect thereto.
Gulfstream will provide RACC with a complete copy of the amended P&W Agreement.
It is agreed that in the event such proceeds are not paid pursuant to the Noncompetition Agreement under the P/W Agreement, Concord and/or P/W shall apply the next funds received by either of them under the P/W Agreement for the Redemption/Retirement, up to the amount of such failed payment.
Gulfstream’s engine maintenance program with Standard Aero has been replaced by the P&W Agreement, which RACC agrees shall be an acceptable substitute for an engine maintenance program with Standard Aero, so long as Gulfstream complies in all respects with the P&W Agreement and this Agreement.
For the avoidance of any possible doubt, notwithstanding the Collateral Assignment, Gulfstream agrees, and shall obtain the written agreement of P&W, that Gulfstream shall be solely liable for any and all financial obligations of Gulfstream incurred pursuant to the P&W Agreement and RACC shall have no liability under the P&W Agreement or otherwise for any amounts owing from Gulfstream to P&W (including any shortfalls or deficiencies under the P&W Agreement).
Within 60 days of the Effective Date, Noble will cause RROLP to execute and deliver to ▇▇▇▇▇▇ an amendment to the PW Agreement that (y) amends the “Dedication Area” (as defined in the PW Agreement) to include the New NBLX Dedication Area and (z) updates Section 16.2(b)(ii) of the PW Agreement to reflect two core areas within the “Dedication Area”.
On or prior to the date of this Agreement, Gulfstream agrees to execute and deliver to RACC a collateral assignment of the P&W Agreement in the form attached hereto as Exhibit A (the “Collateral Assignment”) with respect to the P&W Agreement.
Gulfstream and RACC agree that all references to the “Standard Aero Agreement” in the Existing Leases shall be considered to be references to the P&W Agreement.
To accommodate the unimpeded development of Noble’s producing properties within the New NBLX Dedication Area and to allow the Partnership an opportunity to build out to the planned development of the Noble Energy Group, the Partnership hereby agrees that the ▇▇▇▇▇ listed on Exhibit B are hereby released from the PW Agreement and the Infield Oil Gathering Agreement and shall not be included in the dedication under the Infield Gas Gathering Agreement.
Concorde agrees to execute any security agreements, UCC-1 financing--statements and other documents reasonably requested by CenCor to grant a security interest in all of the assets of Concorde and the Guarantors which are not being sold pursuant to the San J▇▇▇ Agreement or the P/W Agreement.