API 2 definition

API 2 has the meaning assigned to it in the introductory paragraph hereto.
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API 2 means the coal price index developed by Argus-McCloskey or whoever may replace it.
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Examples of API 2 in a sentence

  • Assuming that API 2 acquires the Shares in good faith and without notice of any adverse claim within the meaning of Section 8-105 of the Uniform Commercial Code as in effect in Tennessee (the "UCC"), upon the delivery of the Certificate in accordance with, and in the manner provided in, Section 1.01 of the Agreement, API 2 will have acquired all of the rights of CCA in the Shares, free, to our knowledge, of any adverse claim within the meaning of Section 8-102(a)(i) of the UCC, or any Lien in favor of API.

  • Notwithstanding anything in the Agreement to the contrary, the fees and expenses of the independent account firm in resolving this dispute shall be borne equally by CCA and API 2.

  • API 2 shall be responsible for the preparation of two (2) copies of all forms and documents required in connection with the Section 338(h)(10) Election (including Internal Revenue Service Form 8023).

  • If the actual amount of Taxes attributable to the pre-Closing portion of the Straddle Period, less any estimated payments made prior to the Closing Date, is less than the Estimated Taxes Due, then API 2 shall pay to CCA the amount of the difference.

  • If such Tax Contest relates to any post-Closing period, API 2 shall at its own expense control the defense and settlement of such Tax Contest.

  • On the Closing Date, the amount of (pound)250,000 of the Purchase Price (the "RETENTION AMOUNT") shall be paid by API 2 to the client account of Ashurst Morr▇▇ ▇▇▇▇▇ ("▇MC") for CCA for the payment of the stamp duties and any penalty, interest, surcharge and fine in respect thereof (if any) due on the Access Agreement and the Sub-Lease (the "STAMP DUTY").

  • Simultaneously, CCA will assign, transfer and convey to API 2 good and valid title in and to the Shares, free and clear of all Liens, by delivering to API 2 the Certificate in accordance with Section 1.01 of this Agreement.

  • If the actual amount of Taxes attributable to the pre-Closing portion of the Straddle Period, less any estimated payments made prior to the Closing Date, exceeds the Estimated Taxes Due, then CCA, subject to the provisions of Section 10.07, shall pay to API 2 the amount of the excess.

  • At the Closing there shall also be delivered by CCA, ANTS and API 2 the agreements and documents required to be delivered by them under Article IX hereto.

  • Notwithstanding the foregoing CCA shall not agree to any settlement concerning Taxes for a pre-Closing period which may adversely impact API 2, API or its Subsidiaries for a post-Closing period or the Tax attributes of API or its Subsidiaries without the prior written consent of API 2, which consent shall not be unreasonably conditioned or withheld.

Related to API 2

  • API Gravity means gravity determined in accordance with ASTM Designation D-287-92 or latest revision thereof.

  • API means American Petroleum Institute.

  • Product Specifications means the specifications, features and/or terms of any "Contract" (as defined in the LME Rules) listed for trading on the LME, as described in the LME Rules;

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Product Specification means the document referred to in: