AGP Assets definition
Examples of AGP Assets in a sentence
Collectively, the ARP Assets and the AGP Assets comprise all of the Assets.
The portion of the unadjusted Purchase Price attributable to the ARP Assets is $225,119,207, and the portion of the unadjusted Purchase Price attributable to the AGP Assets is $114,880,793.
Subject to and in accordance with the terms and conditions of this Agreement, Purchaser agrees to purchase the Assets from Seller, and Seller agrees to sell the Assets to Purchaser as follows: (a) ARP Purchaser shall purchase from Seller and Seller shall sell to ARP the ARP Assets; (b) AGP Purchaser shall purchaser from Seller and Seller shall sell to AGP the AGP Assets; and (c) the ARP Assets and the AGP Assets collectively shall comprise all of the Assets.
Subject to any adjustments pursuant to Section 3.6, (a) ARP Purchaser shall fund the portion of the Closing Date Purchase Price related to the ARP Assets and AGP Purchaser shall fund the portion of the Closing Date Purchase Price related to the AGP Assets and (b) the Deferred Purchase Price shall be funded by ARP Purchaser and AGP Purchaser in the amounts and on the dates set forth on Exhibit B hereto.
The apportionment of any such increase or reduction shall take into account an apportionment of the Aggregate Deductible Amount as applied to such claims, which in each case shall be allocated to the Parties based on the relative dollar value of the aggregate amount of Interest Additions, Title Defects or Environmental Defects, as applicable, to the extent affecting the ARP Assets, on the one hand, and affecting the AGP Assets, on the other hand.
If ARP Purchaser pays any costs or expenses relating to the AGP Assets, AGP Purchaser shall promptly reimburse ARP Purchaser in immediately available funds for the same.
The Parties shall cooperate in good faith to categorize all Wellhead Equipment that is included in the Assets as applying to either the ARP Assets or the AGP Assets.
Subject to any adjustments pursuant to Section 3.6, (a) ARP Purchaser shall fund the portion of the Closing Date Purchase Price related to the ARP Assets and AGP Purchaser shall fund the portion of the Closing Date Purchase Price related to the AGP Assets and (b) the Deferred Purchase Price shall be funded by the Parties in the amounts and on the dates set forth on Exhibit B hereto.
The apportionment of any such increase or reduction shall take into account an apportionment of the Aggregate Deductible Amount as applied to such claims, which in each case shall be allocated to ARP Purchaser and AGP Purchaser based on the relative dollar value of the aggregate amount of Interest Additions, Title Defects or Environmental Defects, as applicable, to the extent affecting the ARP Assets, on the one hand, and affecting the AGP Assets, on the other hand.