Fording ULC definition
Examples of Fording ULC in a sentence
This Agreement, the Declaration of Trust and the memorandum and articles of association of Fording ULC constitute the entire agreement between the Parties and set out all of the covenants, promises, warranties, representations, conditions, understandings and agreements between the Parties pertaining to the subject matter of this Agreement and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written.
Teck Cominco shall pay to the Trust or Fording ULC as applicable, and indemnify the Trust and Fording ULC, as applicable, against all of the reasonable legal fees, costs and expenses on a full cost recovery basis incurred by either of them in connection with all actions against Teck Cominco in connection with the enforcement by either the Trust or Fording ULC of any of their respective rights or benefits conferred pursuant to or derived from this Agreement.
Such indemnity payments shall be reimbursed to Teck Cominco to the extent that costs and expenses are recovered by the Trust or Fording ULC from the party against whom such action is taken.
The Parties acknowledge and agree that an award of money damages would be inadequate for any breach by Teck Cominco of Section 3.3, if applicable, if Teck Cominco chooses to vote its Units in respect of the election of Trustees or the approval of Directors and any such breach would cause the Trust, Fording ULC or a party to another Governance Agreement irreparable harm.
OTPP shall pay to the Trust or Fording ULC as applicable, and indemnify the Trust and Fording ULC, as applicable, against all of the reasonable legal fees, costs and expenses on a full cost recovery basis incurred by either of them in connection with all actions against OTPP in connection with the enforcement by either the Trust or Fording ULC of any of their respective rights or benefits conferred pursuant to or derived from this Agreement.
The report shall include a calculation of any overhead costs allocated by the EVC Partnership to Fording ULC relating to such services and shall be calculated in accordance with the allocation method approved by the Board of Directors from time to time.
Notwithstanding the foregoing, the EVC Partnership may delegate the supply of any such services, at the cost of Fording ULC, to a non-affiliated third party on notice to Fording ULC if the EVC Partnership personnel or the personnel of its Affiliate(s) then providing such services are not reasonably required in the conduct of the business of the EVC Partnership or such Affiliate.
Such indemnity payments shall be reimbursed to OTPP to the extent that costs and expenses are recovered by the Trust or Fording ULC from the party against whom such action is taken.
Fording Limited Partnership Limited Partnership Partnership Units 99.99% Borrower 00.01% Fording ULC, a wholly-owned subsidiary of Borrower.2 Alberta Teck Cominco Coal Partnership General Partnership Partnership Units 99.99% Borrower 0.008% Teck-Bullmoose Coal Inc.
The Parties acknowledge and agree that an award of money damages would be inadequate for any breach by OTPP of Section 3.3, if applicable, if OTPP chooses to vote its Units in respect of the election of Trustees or the approval of Directors and any such breach would cause the Trust, Fording ULC or a party to another Governance Agreement irreparable harm.