SUMF Agreements definition
Examples of SUMF Agreements in a sentence
Operation services shall include the management of the activities covered within the SUMF Agreements but shall exclude specific activities which are provided under the SUMF Agreement.
Notwithstanding the foregoing, nothing in this Agreement shall obligate SELLER to transfer any assets (other than the Transferred Shares) or to provide any services (other than the services to be provided in the Interim Agreements, the U.S. SUMF Agreements and the U.S. Feedstock Agreements) to the Companies or BUYER.
The term of this Sub-Lease shall be for twenty (20) years from the Effective Date and Newco shall have the right to three (3) renewal terms of five (5) years each; provided, however, that if the term of either or both of the SUMF Agreements is extended, the term of the Sub-Lease shall be automatically extended for the same time period, but in no event shall the extension be for a period of time beyond June 30, 2044.
As a consequence of having executed the “SUMF Agreements”, referenced in the preamble, the Parties agree to extend the term of the Amended and Restated Sub-Lease for fifteen (15) years from the Effective Date, provided that if the term of the SUMF Agreements are extended the term of the Amended and Restated Sub-Lease shall be automatically extended for the same period.