ACIL definition
Examples of ACIL in a sentence
The Security Agent, ABY, ABG or ACIL Luxco1 by notice to the other parties may designate additional or different addresses for subsequent notices or communications.
This Agreement shall inure to the benefit of and be binding upon the parties hereto, their respective successors and assigns, including, without the need for an express assignment or any consent of ABY, ABG or ACIL Luxco1thereto, subsequent Creditors and other Holders of Registrable Securities.
Pursuant to that certain Amended and Restated Option Agreement (the “ACIL Luxco Option”) dated 19 November 2018, between ACIL Luxco 1, S.A. as seller (“ACIL Luxco”), Algonquin Power & Utilities Corp.
For the purposes of this Clause 7.2, “Confidential Information” is the contents of this Agreement, the ACIL Luxco Option and any other agreement or arrangement contemplated by this Agreement and: 7.
ACIL Luxco1 will, on or about the date of the Common Terms Agreement, enter into a custody account security agreement with the Security Agent pursuant to which it will grant a fixed charge and assign its rights to the custody account in which it will hold the Reference Shares (together with related rights) (as amended, supplemented, restated or otherwise modified from time to time, the “Custody Account Security Agreement”).
It has been noted that the Mining Area C Agreements provide for ‘compensation payments to IBN and MIB trusts to fund community programs, and payments for the benefit of claimants, averaging $3 million each year over the life of the mine’ (Indigenous Support Services and ACIL Consulting 2001: 32; see also BHP Billiton 2005: 18).
Pursuant to that certain Amended and Restated Option Agreement (the “ACIL Luxco Option”) dated 19 November 2018, between ACIL Luxco 1, S.A. as seller (“ACIL Luxco”), the Seller as purchaser, and Abengoa, S.A. as seller’s guarantor, ACIL Luxco agreed to sell and transfer to the Seller all of the remaining shares of the Company held by ACIL Luxco (being 16,503,348 shares and representing approximately 16.47% of the issued share capital of the Company) (the “Shares”).
ACIL shall receive a commission equal to Five Percent (5%) of the gross amount of sales of the Products within the Territory, including royalties earned pursuant to Section 2 (b) and 2 (c).
ACIL will pay all such amounts in U.S. Dollars within ten business days following receipt of payment.
As collateral security for the timely and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by ACIL, including without limitation the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement, Pledgor hereby pledge to Pledgee a first security interest in all of Pledgor’ right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of ACIL.