Royalties Exchange Agreement definition

Royalties Exchange Agreement means the amended and restated exchange agreement dated September 22, 2008 among the Fund, BPI, Royalties GP, the Trust, Holdings LP and BPCHP providing for, among other things, the Exchange Rights in respect of the Class B Units. See “The Exchange Rights”.

Examples of Royalties Exchange Agreement in a sentence

  • Class C Units Pursuant to the Royalties Limited Partnership Agreement and Royalties Exchange Agreement, BPI, as the holder of Class C Units, has the right to transfer such Class C Units to Holdings LP in consideration for the assumption by Holdings LP of (and the concurrent release of BPI of its obligations with respect to) an amount of the indebtedness under the BP Loan equal to $10 per Class C Unit to be transferred.

  • THE EXCHANGE RIGHTS Pursuant to the Royalties Limited Partnership Agreement, Royalties Exchange Agreement, BP Canada Limited Partnership Agreement and the BP Canada Exchange Agreement, BPI (or a Related Party to whom the applicable units have been transferred) has the right to exchange Class B Units, Class 2 GP Units, Class 3 GP Units, Class 4 GP Units and Class 5 GP Units, for Units, and Class C Units (for indebtedness under the BP Loan).

  • Class B Units Pursuant to the Royalties Limited Partnership Agreement and Royalties Exchange Agreement, BPI (or a Related Party to whom such Class B Units are transferred) has the right to exchange a Class B Unit for that number of Units equal to the Class B Exchange Multiplier.

  • On September 26, 2017, BPI exchanged 1,910,597 Class B Units for 1,191,851 Units (the “ Class B Unit Exchange”) and 40,815,839 Class 2 GP Units for 408,149 Units (together with the Class B Unit Exchange, the “Unit Exchanges”), for a total of 1,600,000 Units in accordance withthe Royalties Exchange Agreement and the BP Canada LP Exchange Agreement.

  • In short, these non-activists are interested in politics (issues) but alienated and disconnected from the political process and the political system.

  • County of Fresno, 429 U.S. at 459-460.17 But Congress first enacted the materially identical predecessor to§ 3172(a) in 1936, before this rule had changed.

Related to Royalties Exchange Agreement

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Listing Agreement means an agreement that is to be entered into between a recognised stock exchange and the Company pursuant to Securities and Exchange Board (Listing Obligations and Disclosure Requirements), 2015

  • Transaction Agreement has the meaning set forth in the recitals.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sublicense agreement, distribution agreement, services agreement, intellectual property rights transfer agreement, any related agreements or similar agreements, in each case where all parties to such agreement are one or more of the Company or a Restricted Subsidiary.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Existing Registration Rights Agreement shall have the meaning given in the Recitals hereto.

  • Development Agreement has the meaning set forth in the Recitals.