Universal Agreement definition
Examples of Universal Agreement in a sentence
Rio Novo wishes to purchase and Universal wished to sell all of Universal’s interest in and to Project pursuant to the Universal Agreement.
On the terms and subject to the conditions herein contained, at the Closing Time Rio Novo will assume and thereafter pay, perform, discharge and satisfy all liabilities, commitments and obligations (whether absolute, accrued or contingent) of Universal existing on or accruing after the Closing Date under the Universal Agreement.
The proposed acquisition by Rio Novo of CVME’s and CVMEC’s interest in and to the Project and the Universal Agreement shall have been completed or be completed concurrently with the transactions provided for in this Agreement.
Except as otherwise disclosed herein or in the Waiver or in the Universal Agreement, there is no obligation, contractual or otherwise, to request or obtain the consent of any Person, and no permits, licences, certifications, authorizations or approvals of, or notifications to, any Governmental Authority are required to be obtained or provided by Universal in connection with the execution, delivery or performance by Universal of this Agreement or the completion of the transactions contemplated herein.
True, complete and correct copies of all of the Universal Agreement, including any amendments thereto and extensions thereof, have been provided to Rio Novo.
Except as disclosed under the Universal Agreement, Universal has not entered into any agreement, option, understanding or commitment, or granted any right or privilege (whether pre-emptive, contractual or by law) capable of becoming an agreement, option or commitment, to any Person for the purchase or other acquisition of the Universal Interest.
Except as otherwise disclosed herein (or in the Waiver or the Universal Agreement), there is no obligation, contractual or otherwise, to request or obtain the consent of any Person, and no permits, licences, certifications, authorizations or approvals of, or notifications to, any Governmental Authority are required to be obtained or provided by Rio Novo in connection with the execution, delivery or performance by Rio Novo of this Agreement or the completion of the transactions contemplated herein.
In Credit Agent's discretion, Warehousing Advances and RFC Direct Advances may be made on or after June 30, 2001, against Eligible Assets previously financed under the Existing Universal Agreement, in connection with the repayment in full of Borrower's Debt under the Existing Universal Agreement.