STS Transaction definition

STS Transaction means that certain transaction to be consummated pursuant to the terms of the STS Agreement.
STS Transaction means a Transaction entered into by the Parties whereby one Party accepts delivery of quantities of Gas from the other Party from time to time, and thereafter, from time to time delivers Gas to or on behalf of the first Party, all on the terms and conditions set out in the AECO Hub Tariff and as agreed to by the Parties as specified on the Appendix STS confirming such Transaction.

Examples of STS Transaction in a sentence

  • Simultaneous with and as a condition to the closing hereof, the STS Transaction shall be closed pursuant to the terms of the STS Agreement.

Related to STS Transaction

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • NIMS Transaction As defined in the tenth Recital to this Agreement.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.