SP Transaction definition

SP Transaction shall have the meaning given such term in Section 19.3 hereof.
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Examples of SP Transaction in a sentence

  • If either party fails to send or return a signed Confirmation in accordance with this clause 2.2 of Schedule 3, the accepted SP Transaction Offer or SP Transaction Counter-Offer (as applicable) shall be deemed to be the Confirmation for the purposes of this Agreement.

  • If the Trader rejects the SP Transaction Counter-Offer, the Trader shall be deemed to have withdrawn its SP Transaction Offer to which the SP Transaction Counter-Offer relates and no legally binding Transaction shall arise between the parties.

  • Notwithstanding any other provision of the Agreement, (i) SPIC shall not be obligated to make any Capital Contributions to the Company, and (ii) the rights and remedies available to the Members under the Agreement shall not in any way be reduced, diminished or otherwise modified as a result of the SP Transaction.