SPE Agreement definition
Examples of SPE Agreement in a sentence
Each Borrower shall cause all SF Properties acquired by it to be taken by Deed, or by means of such instruments as is provided by the Governmental Authority governing the transfer, in each case, in the name of the related Borrower and in accordance with the terms of the related SPE Agreement.
Evidence that an Independent Manager has been appointed in accordance with each applicable SPE Agreement.
Each Borrower shall cause all Rental Properties acquired by it to be taken by Deed, or by means of such instruments as are provided by the Governmental Authority governing the transfer, in each case, in the name of Borrower and in accordance with the terms of the related SPE Agreement.
The Parties intend that the SPA Agreement, SPE Agreement and SPL Agreement, except that the SPL Agreement shall not be superseded as it applies to Japan, have no further effect and shall be superseded by this Agreement.
Neither BP nor Verenium may assign or otherwise transfer this Agreement and its rights and obligations hereunder unless such party shall have also transferred its membership interest in the SPE and its rights and obligations under the SPE Agreement concurrently with the transfer of this Agreement.
In the event that any party wishes to refer to any other party or the transactions under this Agreement and the SPE Agreement in promotional or other communications with prospective customers and investors, such party shall first provide the other party with advance notice of such proposed disclosure and the form, substance and intended use of such proposed disclosure and obtain the prior written approval of the other party to the form, substance and intended use of such proposed disclosure.
Neither this Agreement nor the SPE Agreement conveys to SPE or Verenium any ownership rights in any BP Background Technology by implication, estoppel or otherwise.
Following expiration of the JDP Term, (a) this Agreement and the licenses granted pursuant to Article 3 shall remain in effect as provided in Section 11.3 unless otherwise terminated in accordance with Section 11.2.3 of this Agreement and (b) the SPE Agreement will remain in effect in accordance with its terms.
Neither this Agreement nor the SPE Agreement conveys to SPE or BP any ownership rights in any Verenium Background Technology by implication, estoppel or otherwise.
It is the objective of the parties to establish procedures to facilitate the resolution of disputes arising under this Agreement or the SPE Agreement in an expedient manner by mutual cooperation and without resort to litigation.