Restricted Business Opportunity definition

Restricted Business Opportunity means any opportunity (including any expansion opportunities) of Apache to acquire or invest, directly or indirectly (including equity investments), in any midstream assets or participate in any midstream opportunities located, in whole or part, within the area outlined by the outer line (in blue) on the map set forth on Schedule 1.1 attached hereto; provided, however, that “Restricted Business Opportunity” shall not include (a) any opportunity relating to the Apache Retained Assets or any of Apache’s upstream activities, including the acquisition or development of any E&P Assets, (b) any actions performed by Apache related to contractual obligations existing prior to the Effective Date and any obligations performed in accordance with any applicable FERC or Texas Railroad Commission requirements, or (c) any of the Services (as such term is defined in each of the Dedication Agreements) that are related to areas that are permanently released from dedication pursuant to the terms of each of the Dedication Agreements, as applicable.
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Restricted Business Opportunity has the meaning set forth in Section 3.3(b).
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Restricted Business Opportunity means any potential opportunity in the Restricted Business.
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Examples of Restricted Business Opportunity in a sentence

  • If Executive wishes to pursue a Restricted Business Opportunity, then Executive may request permission to pursue such opportunity from the General Counsel of the General Partner, and which permission may be withheld, at the General Partner’s sole discretion, for any reason or no reason at all.

  • For a period of five (5) years commencing on the Closing Date, each of the Parent and Seller will provide the Buyer will written notice of any Restricted Business Opportunity that comes to its attention, which notice will contain all information which is known to the Parent or Seller, as the case may be, that could reasonably be expected to impact a decision on the part of the Buyer regarding whether to pursue any such Restricted Business Opportunity.

  • Apache shall not pursue any Restricted Business Opportunity or Third Party RBO, as applicable, except in accordance with this ARTICLE II.

  • If the performance of the Employee during the Probationary Period is up to the standard required, the appointment of the Employee shall be confirmed in writing by the Company.

  • If Executive wishes to pursue a Restricted Business Opportunity, then Executive must request permission to pursue such opportunity from the General Counsel of the General Partner, and which permission may be withheld, at the General Partner’s sole discretion, for any reason or no reason at all.