NBL definition
Examples of NBL in a sentence
The term “Original Midstream Co” shall refer to each entity that is both a Midstream Co party to an Agreement related to the gathering of Product and is a subsidiary of OpCo. For the avoidance of doubt, OpCo has no obligations or responsibilities towards or with respect to NBL Midstream Holdings LLC.
NBL shall cause the Executive to, and the Executive, shall diligently and conscientiously devote his full and exclusive business time and attention and best efforts in discharging his duties hereunder and to affiliates of the Company, as shall be determined by the Company (the “Affiliates”), pursuant to the terms of services agreements similar to this Agreement entered into with any Affiliate, except for the Executive’s responsibilities to the ▇▇▇▇▇ Group of Companies.
DURING THE ENGAGEMENT PERIOD AND AT ALL TIMES AFTER THE TERMINATION OF THIS AGREEMENT FOR ANY REASON, NEITHER NBL NOR THE EXECUTIVE WILL, DIRECTLY OR INDIRECTLY, DISCLOSE TO ANY THIRD PARTY ANY TRADE SECRETS, CUSTOMER LISTS OR OTHER CONFIDENTIAL INFORMATION PERTAINING TO THE BUSINESS OF THE COMPANY.
During the Engagement Period, and so long as the Executive or any affiliate of the Executive is directly or indirectly is a shareholder on the Company and for a period of three years thereafter, neither NBL nor the Executive will, directly or indirectly, either as principal, agent, employee, or in any other capacity, enter into or engage in any business in which the Company is engaged during the Engagement Period except on behalf of the Company or an Affiliate.
In the event any of Section 9(a), (b), (c), (d) or (e) is not enforceable in accordance with its terms, NBL, the Executive and the Company agree that such Section, or such portion of such Section, shall be reformed to make it enforceable in a manner which provides the Company the maximum rights permitted under applicable law.