Examples of EVC Partnership Agreement in a sentence
EVC Partnership Agreement The Trust anticipates that immediately following the completion of the Arrangement, the EVC Partnership Agreement will be amended to reflect the different organizational structure contemplated by the Plan of Arrangement and to largely preserve, in modified form, the existing governance structure.
However, such agreement is predicated on the assumption that the amendments proposed to be made to the EVC Partnership Agreement will not cause prejudice to Elk Valley Coal, Teck GP or Quintette.
It is also anticipated that following completion of the Arrangement, the EVC Partnership Agreement will be amended such that Fording ULC and the ULC Independent Directors will be able to exercise the rights currently enjoyed by Fording and the Independent Directors in connection with approval of certain EVC Partnership matters.
Certain amendments that have already been made to the EVC Partnership Agreement will also be incorporated into the amended and restated version thereof.
Winner will be required to sign and return a Declaration and Release Form without additional compensation (where permitted by law) within 5 business days of notification or the prize will be forfeited and awarded to an alternate winner, time permitting.
The EVC Partnership Agreement provided for an increase in Teck Cominco’s interest in Elk Valley Coal to a maximum of 40% in the event that Teck Cominco, as managing Partner, was able to realize certain synergies as a result of the combination of the various mines and other properties comprising Elk Valley Coal.
However, such agreement is predicated on the assumption that the amendments proposed to be made to the EVC Partnership Agreement will not cause prejudice to the EVC Partnership, Teck GP or Quintette.
The EVC Partnership Agreement requires, among other things, that upon the assignment of the Bank Debt to the New Trust as described above, the Elk Valley Coal guarantee of the Bank Debt continues to be effective after completion of the transactions contemplated by the Plan of Arrangement.
Following completion of the Arrangement, a copy of the amending agreement to the EVC Partnership Agreement will be filed as a material contract on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.shtml.
It is also anticipated that following completion of the Arrangement, the EVC Partnership Agreement will be amended such that Fording Corporation and the Independent Directors will be able to exercise the rights Table of Contents currently enjoyed by Fording ULC and the ULC Independent Directors in connection with approval of certain Elk Valley Coal matters.