Examples of Standstill Agreement in a sentence
That certain Standstill Agreement dated as of the date hereof among United and the Liberty Parties.
The Subscriber has the requisite power and authority to execute and deliver this Agreement, the Offtake LOI setting out the terms and conditions to be included in the Offtake Agreement, and the Standstill Agreement attached hereto as Exhibit A (together, the “Transaction Documents”) and to consummate the transactions contemplated by this Agreement (the “Transactions”).
The Subscriber may assign some or all of its rights hereunder to Permitted Transferees in connection with any transfer of any of its Acquired Shares without the consent of the Company, provided that any assignee agrees in writing to be bound by the provisions hereof and the Standstill Agreement that apply to the Subscriber in which event such assignee shall be deemed to be a Subscriber hereunder with respect to such assigned rights.
Notwithstanding the foregoing, any transaction, or series of transactions, that shall result in the disposition of the Company's interest in Marathon Ashland Petroleum LLC, including without limitation any transaction arising out of that certain Put/Call, Registration Rights and Standstill Agreement dated January 1, 1998 among Marathon Oil Company, USX Corporation, the Company and Marathon Ashland Petroleum LLC, as amended from time to time, shall not be deemed to constitute a Change in Control.
This Standstill Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.