SM Group definition
Examples of SM Group in a sentence
The NSR shall be paid to the members of the SM Group in the following proportions: Synergex Group Limited Partnership 45.25%, Genssler Investment Partnership LLP 22.625%, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 22.625% and ▇▇▇▇▇▇▇ ▇.
Vista guarantees the timely and full payment by MPA of the NSR to the SM Group.
Each of Grandcru, on its own behalf and on behalf of Minera GRC, and the SM Group acknowledge and agree that effective as of the Effective Date, the Option Agreement and the Agreement of Guarantee are terminated, without any further act or formality, and the Option Agreement and the Agreement of Guarantee are of no further force or effect as of such date.
Vista may not transfer or assign its interest in the San ▇▇▇▇▇▇ Concessions, unless it has obtained the prior written consent of the SM Group, which consent will not be unreasonably withheld.
No SM Group Member will have any obligation to maintain any Tower Bonds with respect to such Assignable Sites following the expiration of the applicable six (6) month period.
From and after the Initial Closing Date until the time as such Master Collocation Agreement has been so bifurcated, the SM Group Members shall not amend, modify, cancel or grant any waiver or release under such Master Collocation Agreement in a manner that could reasonably be expected to adversely affect any Collocation Agreement without the consent of Buyer (such consent not to be unreasonably withheld, delayed or conditioned).
Buyer agrees that the payment contemplated by Section 2.2(a) to be made by Buyer is non-refundable and that Buyer shall not have any right of abatement, reduction, setoff, counterclaim, rescission, recoupment, refund, defense, or deduction with respect thereto, including in connection with any event of default by any SM Group Member or any casualty or condemnation, in each case except as otherwise expressly provided by this Agreement or the Collateral Agreements.
For the avoidance of doubt, the SM Group Members (including SM and, prior to or at the Initial Closing, the Sale Site Subsidiary) shall not be required to provide a Title Policy Affidavit for any Portfolio Site that is a Managed Site.
From the Effective Date through the earlier of the Initial Closing Date or the termination of this Agreement, SM agrees not to release or permit the release of any Person (other than Buyer and its Affiliates) from, or to waive or permit the waiver of any provision of, any confidentiality, “standstill” or similar agreement to which any SM Group Member is a party with respect to the Sale Sites except in the ordinary course of business.
Upon the execution and delivery of the Management Agreement, the Sale Site Subsidiary shall have the exclusive right to operate and obtain the benefit of the right, title and interest of the SM Group Members in and to the Included Property (other than, to the extent not assignable, leasable, sublicensable or grantable without Authorization, Tower Related Assets) of each Managed Site.