(kk) definition
Examples of (kk) in a sentence
If the Company accepts such offer, KK shall cooperate in good faith with the Company to transfer the Container Vessels and any related portion of the business on the terms and conditions included in the offer as soon as reasonably practicable.
SECTION 2.2 The parties hereto acknowledge and agree that offering a charter to a Container Vessel owned, directly or indirectly, by the Company meeting the criteria for such charter pursuant to Section 2.1 is subject to the relevant charterer agreeing to enter into such charter with the Company’s subsidiary owning such Container Vessel, failing which the relevant charter shall remain available to the relevant Container Vessel so owned or managed by KK and no offer under Section 2.1 shall be made.
A failure by the Conflicts Committee to respond to the notice referred to in Section 4.3(a) within three Business Days after receipt thereof by delivering notice to KK pursuant to this Section 4.3(b) shall be deemed to be a rejection of the offer delivered pursuant to Section 4.3(a).
SECTION 4.4 KK and the Company acknowledge that all potential transfers pursuant to this Article IV are subject to obtaining any and all written consents of governmental authorities and non-affiliated third parties.
SECTION 4.1 In the event KK acquires or intends to acquire any ownership interest in a Container Vessel or in a Container Vessel Business that would be a Competitive Activity (any of the foregoing, a “Container Vessel Opportunity”), KK shall comply, at his option, with the procedures set forth in Section 4.2 or Section 4.3 (as applicable).