Acquired Interest definition

Acquired Interest has the meaning set forth in Section 9.2(a).
Acquired Interest has the meaning set forth in the recitals to this Agreement.
Acquired Interest has the meaning specified in Section 5.1.2.

Examples of Acquired Interest in a sentence

  • Assignor represents and warrants that each member of the Company has waived any and all applicable transfer restrictions applicable to the transfer of the Acquired Interest.

  • The Partnership shall contribute the Acquired Interest to the Operating Company, in exchange for 500 units, representing limited liability company interests in the Operating Company.

  • The Total Purchase Price shall be increased or decreased by the pro rata amount (based on the Acquired Interest) of net working capital (current assets excluding cash and cash equivalents minus current liabilities excluding the current portion of long-term debt) reflected on the consolidated books and records of Höegh LNG Colombia Holding as of the Closing Date (the “Purchase Price Adjustment”).

  • To the extent the Partnership Purchase Option is not exercised in full on or prior to the Closing Date, the Partnership shall have the right, on or prior to February 28, 2017, to purchase all or part of the Retained Interest on the same terms as the Acquired Interest.

  • Each Acquired Interest has been duly authorized and validly issued and is fully paid and non-assessable and was issued in compliance with applicable Laws.


More Definitions of Acquired Interest

Acquired Interest has the meaning set forth in the Recitals of this Agreement.
Acquired Interest shall have the meaning ascribed to the term in Section 1.1 hereof.
Acquired Interest has the meaning set forth in the Recitals.
Acquired Interest has the meaning set forth in Section 2.2(a) of the Transfer Provisions.
Acquired Interest shall have the meaning given that term in Section 10.07(a).
Acquired Interest shall have the meaning given in Section 8.1.
Acquired Interest means any interest, by purchase, assignment or otherwise, in the lands within the AMI which interest includes the right to explore, develop or produce hydrocarbons from the Haynesville Shale formation, including any Leases, production payment, net profits, or carried working interests, including the contractual right to acquire any such interests, and Mineral Interests, excepting Substitute Acreage and Farmouts. Acquired Interests shall include those Leases within the AMI acquired by a Party via merger, business consolidation, or acquisition of the assets of another entity. It is anticipated by the Parties that Chesapeake will act as lead leasing Party for Acquired Interests within the AMI; however, nothing shall preclude PXP from independently acquiring an Acquired Interest upon mutual agreement of Chesapeake; provided however, that Chesapeake’s mutual agreement shall not be required in the event that PXP desires to acquire (via merger, business consolidation or acquisition of an entity or its assets) any entity whose Haynesville Shale assets represent less than fifty percent (50%) of the entities enterprise value.