Upgrader and Project Ownership Interests Sample Clauses

Upgrader and Project Ownership Interests. The Recipients represent and warrant to the Province that: (a) the ownership interests of the original Recipients in the Upgrader and the Project, prior to May 31, 2017, were as follows: (i) Shell Canada Energy – 60%; (ii) Chevron – 20%; and (iii) Marathon (now called 1745844 Alberta Ltd.) – 20%. (b) the ownership interests of the Recipients in the Upgrader and the Project, as of and subsequent to May 31, 2017, are as follows: (i) CNUL – 60%; (ii) Chevron – 20%; and (iii) 1745844 Alberta Ltd. – 20%. In the event of any changes to the Upgrader or the Project ownership interests, the Project Operator shall provide notice of such changes to the Province within 30 days thereafter.
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Upgrader and Project Ownership Interests. The Recipients represent and warrant to the Province that the ownership interests in the Upgrader and the Project are as follows: (a) Shell – 60%; (b) Chevron – 20%; and (c) Marathon – 20%. In the event of any changes to the Upgrader or Project ownership interests, the Recipients shall provide notice of such changes to the Province within 30 days thereafter.
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Related to Upgrader and Project Ownership Interests

  • Ownership Title to Project Deliverables This clause shall apply where Contractor is commissioned by the Authorized User to furnish project deliverables as detailed in the Purchase Order.

  • Ownership Interests The ownership interest of each member of the Company will be expressed in terms of a percentage that is set out in Exhibit A, attached and made part of this Agreement. The total ownership interests of all members will always equal one-hundred percent (100%). The existing members will determine the ownership interest of any new members prior to admission to the Company.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Business and Properties No business of any Loan Party or any of its Subsidiaries is affected by any fire, explosion, accident, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.