VEE definition
Examples of VEE in a sentence
Any acquisitions by Vanguard or VEE within the AMI shall be offered according to this Agreement.
Once any of said properties are acquired and developed, any sale of the properties by VEE shall be done in accordance with Section 2.1(c), affording Vanguard the first right of offer.
Vanguard acknowledges that VEE can acquire for itself and its sole benefit producing oil and gas properties within the AMI, without having to offer participation in said acquisition to Vanguard, provided the purchase price of said properties is less than Five Million Dollars ($5,000,000.00) (a “Permitted Acquisition).
VEE is the owner of the Vinland PUD Interests, being an undivided 60% working interest in the properties described in Exhibit A.
Once the foregoing points have been agreed, VEE will request ELEPHANT TALK in a written and provable way, the beginning of the execution of the project plan approved by both parties.
Provided however, that VEE may not complete more than two (2) such Permitted Acquisitions in a calendar year without Vanguard’s written consent.
Effective as of January 5, 2007, TEC, NRC and VEE entered in to an Indemnity Agreement.
The accrual of the [*] remaining of the VMO implementation fee will occur after the effective date of the Ready For Service (RFS), which will take place when there are no incidents related to the implantation unsettled by ELEPHANT TALK, and when all the functionality defined in the specification document is ready the exploitation by the VMO, and so is accredited through an act of acceptance Ready For Service (RFS) signed by VEE.
In this case VEE will issue an act of acceptance of Ready for Service (RFS) conditioned to the remedy of these incidents or pending functions in the terms reflected in the Act.
In those cases in which the VMO’s average number of active services is equal to or greater than an established limit ([*]) during more than three consecutive invoicing periods, VEE may request an improvement in the maintenance prices applicable to the excess services over and above the established limit.