Examples of SMP Parties in a sentence
The notice must be signed by RER and delivered to the SMP Parties.
The option exercise payments provided for in this Agreement shall be the property of the SMP Parties upon receipt.
RER must deliver to the SMP Parties written notice by RER of its intent to exercise Option B.
RER must deliver to the SMP Parties written notice by RER of its intent to exercise Extension Option Three.
Subject to the strict adherence to the terms and conditions contained in this Development Agreement, the SMP Parties hereby grant to REP the option to acquire an assignment of the (i) Orcutt GTL Option I Interests, (ii) Orcutt PEL Option I Interests, and (iii) Orcutt OPL Option I Interests, prior to expiration of the Option I Exercise Period.
RER must deliver to the SMP Parties written notice by RER of its intent to exercise Extension Option Five.
The SMP Parties (upon delivery by RER of its paid up insurance policy covering liability for the matters listed below) will permit RER, at its sole risk and expense, to conduct reasonable inspections of the Xxxxxx Property and the NW Casmalia Property at times approved by the SMP Parties.
REP must deliver to the SMP Parties written notice by REP of its intent to exercise Option A.
The notice must be signed by REP and delivered to the SMP Parties no later than three (3) Business Days prior to the earlier of (i) the Closing Date, and (ii) expiration of the Option I Exercise Period.
Subject to the strict adherence to the terms and conditions contained in this Agreement, the SMP Parties hereby grant to RER the option to extend the Option IV Exercise Period until the earlier of (i) 3:00 p.m. Pacific Standard Time on May 15, 2008, or (ii) occurrence of an Event of Default.