Coal Contracts definition
Examples of Coal Contracts in a sentence
CTH and CES wish to enter into an agency arrangement pursuant to which CES will act as agent for CTH and perform the Coal Marketing Contract Services (defined below) with respect to the Coal Contracts (as defined below).
Unless otherwise directed by CTH, CES shall (i) collect all amounts owed under the Coal Contracts, (ii) cause all cash receipts from the Coal Contracts to be deposited into the Operating Account and (iii) perform numerical support in connection with escalation and other periodic adjustments that may be necessary.
CES shall give CTH access (including the right to copy, at CTH’s expense), during normal business hours and upon reasonable written notice, to all Coal Contract Records relating to, and personnel knowledgeable with respect to, the Coal Contracts and CES’s provision of the Coal Marketing Contract Services.
CES shall perform the Coal Marketing Contract Services consistent with its past practices with respect to the Existing Coal Contracts and in a manner that is not grossly negligent and does not constitute willful misconduct.
Upon the termination of this Agreement, CES shall promptly deliver to CTH all documents, files, and books and records received from CTH or generated by CES with respect to the Coal Contracts (collectively, the “Coal Contract Records”).
An independent financial adviser will be appointed to advise the Independent Board Committee and the independent Shareholders on the terms of the transactions (including the proposed caps on the transactions) under the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts.
The Company will convene a general meeting of the Shareholders in a timely manner and will submit the relevant resolutions relating to the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts and the continuing connected transactions (including the proposed caps on the transactions) contemplated thereunder for independent Shareholders’ approval.
At CTH’s reasonable request, CES shall periodically provide CTH with additional marketing information related to the Coal Contracts, including earnings call support, general marketing outlook information and other analytical support services.
A circular containing further information of the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts and the continuing connected transactions thereunder, a letter from the Independent Board Committee and an advice letter from the independent financial adviser will be despatched to the Shareholders in accordance with the Listing Rules on or before 10 May 2012.
ComEd has received all Required ---------------------------- Consents which are specified in Schedule 8.3 (ComEd Consents Required for ------------ Closing) or, with respect to the Coal Contracts and Transportation Contracts (as such terms are defined in the Agency Agreement), Purchaser shall have entered into the Agency Agreement.