Examples of SemGroup Parties in a sentence
Time is of the essence in the performance by the SemGroup Parties of their respective obligations under this Agreement.
If Executive has a Separation from Service initiated by the Executive other than for Good Reason, Disability or death, the sole obligation of the SemGroup Parties to Executive under this Article II shall be to pay Executive a lump-sum cash amount equal to all Accrued Obligations determined as of the Termination Date.
Each of the SemGroup Parties, jointly and severally, represents and warrants to, and agrees with, each Underwriter as set forth below in this Section 1.
Relative fault shall be determined by reference to, among other things, whether any untrue or any alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information provided by the SemGroup Parties, on the one hand, or the Underwriters, on the other, the intent of the parties and their relative knowledge, access to information and opportunity to correct or prevent such untrue statement or omission.
The purpose is to ensure the strengthening of a culture of compliance and adequate knowledge of the company's own risks, providing the necessary tools so that employees can identify suspicious operations and know the protocols to be followed when faced with them, among other matters.
In April 2005, OfCom instituted supervisory proceedings regarding its compliance with the Digital Cinema License, after Teleclub had filed a complaint against OfCom that OfCom initially had not taken any action against Cablecom following a first complaint by Teleclub alleging a violation of its license conditions.
The SemGroup Parties and the Underwriters agree that it would not be just and equitable if contribution were determined by pro rata allocation or any other method of allocation which does not take account of the equitable considerations referred to above.
Notwithstanding anything to the contrary herein, this release shall not release or discharge (x) any Claims other than the Specified SGLP Released Claims, (y) any Claims against any officers, directors, employees, managers or outside accountants of any of the SemGroup Parties or (z) any Claims relating to or arising out of this Agreement, including those described in Section 2.1(a), 2.2(a) and 2.2(b), or any of the Transaction Documents.
Each of the SemGroup Parties has all requisite power and authority to execute and deliver this Agreement and perform its respective obligations hereunder.
This indemnity agreement will be in addition to any liability which the SemGroup Parties may otherwise have.