Examples of BP Agreement in a sentence
This is currently described in cl 4.2 of the PRP Agreement, cl 4.2 of the BP Agreement and cl 5.1 of the Chevron Agreement, (cls 4.2 of the BP Agreement and 5.1 of the Chevron Agreement are materially the same as cl 4.2 of the PRP Agreement).
Clause 4.4 of the BP Agreement states: 4.4 In consideration of you redeeming AA Smartfuel Discounts, we will pay you an amount equal to the aggregate amount of AA Smartfuel Discounts redeemed by you at each of the Business Premises each week, less the aggregate value of any AA Smartfuel Discounts awarded by you on transactions where AA Smartfuel Discounts have been awarded and redeemed in the same transaction.
Clause 4.4 of the Chevron Agreement is materially the same as the BP Agreement, other than the reference to discounts being awarded and redeemed in the same transaction.
On May 31, 1991, Grynberg and BP Exploration executed an agreement (the BP Agreement) stating that if either Grynberg or BP Exploration obtained an opportunity to “participate in anypetroleum exploration, development, production, processing and transportationopportunities” within the AMI, it was to share the offer with the other party, and the parties could either jointly accept the offer, or one could decline and the other could accept the offer.
Reference can also be made to cl 4.4 of the Caltex Service Station Agreements, which is materially the same as the BP Agreement other than the reference to discounts being awarded and redeemed in the same transaction.
This is currently described in cl 4.1 of the PRP Agreement, cl 5.1 of the Chevron Agreement and cl 4.1 of the BP Agreement (this latter clause being materially the same as the clauses in the PRP Agreement and the Chevron Agreement).
The Exit Financing Facility, Second Lien Convertible Notes Indenture, Third Lien Convertible Notes Indenture, Intercreditor Agreement, Shareholders Agreement, Registration Rights Agreement (if any), and the Amended BP Agreement, shall be in form and substance reasonably acceptable to the First Lien Credit Facility Agent, the Informal Second Lien Lender Group, and the Plan Sponsor.
This case concerns only the 1999 Sunoco Agreement and Sunoco’s request to extend that agreement to match the expiration date of the 1996 BP Agreement.
For instance, cl 4.4 of the BP Agreement states: 4.4 In consideration of you honouring the redemption of AA Smartfuel Discounts, we will pay you an amount equal to the aggregate amount of AA Smartfuel Discount redemptions honoured for AA Smartfuel members at each of the Business Premises each week, less the aggregate value of any AA Smartfuel Discounts issued by you on transactions where AA Smartfuel Discounts have been awarded and redeemed in the same transaction.
Therefore, we hold that the most-favored-nation clause allows Sunoco to extend the termination date of its 1999 Agreement to match the termination date of the 1996 BP Agreement.