ACPT definition
Examples of ACPT in a sentence
The Executive shall devote substantially all of his working time and efforts to the business and affairs of ACPT and its subsidiaries.
This Agreement and all such documents are, and on the Closing Date will be, legal, valid and binding obligations of ACPT, enforceable in accordance with their terms and do not, and, at the time of the Closing Date will not, violate any provisions of any agreement or judicial or administrative order to which ACPT is a party or to which ACPT is subject.
Contemporaneously with the Restructuring, ACPT shall acknowledge, ratify and confirm its obligations to Lender and the existence, validity and perfection of any and all liens held by Lender against the Collateral, and ACPT shall deliver to Lender any and all documents necessary to evidence such acknowledgment, ratification and confirmation.
Though the ACPT is fixed for a five-year period, the annual ACPT rate in any given PY is not necessarily the same as the rate in other PYs (e.g., the ACPT may be 3% for PY1, 2.5% for PY2, 3.2% for PY3, etc.).
During the Term, ▇▇▇▇▇▇▇▇▇ shall devote all of his working time and efforts to the business and affairs of ACPT and its subsidiaries.
IGC and ACPT agree to execute and deliver, or cause their affiliates to execute and deliver, to Lender such documents as Lender may reasonably request to confirm and ratify Lender's rights with respect to the Retained Partnership Collateral.
Except as otherwise provided herein or as otherwise effectuated by the Restructuring, all representations and warranties made by IGC, ACPT, St. ▇▇▇▇▇▇▇ and the Original Guarantors in the Original Loan Documents remain true, complete and correct in all material respects on the date hereof as if the same were made on the date hereof.
Affiliate: with respect to any specified person or entity, a person --------- or entity that, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or is under common control with, such specified person or entity; provided, however, that IGC and ACPT shall not be deemed Affiliates of each other for purposes of this Agreement.
Lender shall have received from counsel to IGC and to ACPT, legal opinion,s in form and content satisfactory to Lender, regarding the Restructuring, the effect of such Restructuring on the Collateral, the approval of the Restructuring from all Governmental Authorities, including, by way of example and not limitation, the United States Department of Justice and the United States Corps of Engineers, and such other matters as reasonably requested by Lender.
ACPT has the full power and authority to execute, deliver and perform this Agreement and the other Financing Documents to which it is a party.