First Acquisition Date definition
Examples of First Acquisition Date in a sentence
The Obligee shall have received an Asset Use Supplement for the Assets, duly executed by the Obligor, and dated the First Acquisition Date.
Beginning after the First Acquisition Date, Holdings shall pay Executive a base salary ("Base Salary") at the annual rate of $100,000.
For the twenty (20) years following the First Acquisition Date, BHUH shall cause COSGCO to acquire interests, or the right to earn interests through drilling, in one or more properties and to develop each Property in accordance with its Drilling Plan to increase and maintain COSGCO Gas production up to the Utilities’ aggregate Hedge Target subject to the processes and PUC oversight described in this ARTICLE 4 and to the extent commercially feasible.
No later than seventy (70) calendar days before each Five-Year Anniversary, BHUH shall provide the Hydrocarbon Monitor with the information described in Section 4.2(iii)-(xiv) for each Property, the Utilities’ aggregate Hedge Target for each remaining year in the twenty (20) year period following the First Acquisition Date, and an updated Drilling Plan for each Property for such period.
BHUH may seek approval for an updated Drilling Plan for any Property at any other time by providing the Hydrocarbon Monitor with the information described in Section 4.2(iii)-(xiv) for the Property, the Utilities’ aggregate Hedge Target for each remaining year in the twenty (20) year period following the First Acquisition Date, and an updated Drilling Plan the Property for such period.
Prior to the First Acquisition Date, the Obligee shall have received a full set of general and detailed plans and specifications of the Land and the Improvements to be constructed thereon.
All insurance required under this Section 17 shall be provided by financially sound and reputable insurers that are rated in Best's Insurance Guide or any successor thereto (or if there be none, an organization having a similar national reputation) at least as good as insurers of similar Assets owned by the Guarantor on the First Acquisition Date.
Prior to the First Acquisition Date and thereafter at the request of the Obligee, the Obligor shall deliver to the Obligee, the Depositor and each Participant certificates of insurance issued by the insurer(s) for the insurance required to be maintained hereunder.