In line with the Purchase and Sale Agreement
, Sonangol had earlier paid the Company $250.
If possible, the purchase and sale agreement
should limit the sole recourse of the aggrieved party to the insurance policy.
Further, as per the forward sale agreement
the forward purchaser will borrow and sell 2.
In connection with the offering, Duke entered into forward sale agreements
with an affiliate of Barclays Capital Inc.
In addition, Regency signed a forward sale agreement
with an affiliate of JP Morgan related to the offering (the forward purchaser), pursuant to which the company will sell the same number of shares of its common stock to the forward purchaser as sold by an affiliate of the forward purchaser to the underwriter for sale in the offering, subject to Regency's right in some circumstances, to elect cash settlement of the forward sale agreement
In connection with the offering, the Company entered into a forward sale agreement
(and, to the extent that the underwriters exercise their over-allotment option, the Company may, at its sole discretion, enter into an additional forward sale agreement
) with an affiliate of J.
The LPG Assets acquired by TransMontaigne from Rio Vista include: Rio Vista's Brownsville, Texas, terminal and refined products tank farm, together with associated improvements, leases, easements, licenses and permits; Rio Vista's LPG sale agreement
The collateral securing the series 2006 bonds consists of the NTSC's rights under a purchase and sale agreement
with the state, which is secured by the state's share of the tobacco settlement revenues (TSRs) received under consent decree and Alaska statutes.
PINK SHEETS:POCC), a supplier of LPG for distribution to northeast Mexico, announced today that it had entered into an amended and restated purchase and sale agreement
(Penn Octane Restated PSA) with TransMontaigne Product Services Inc.
NASDAQ:RVEP), a supplier of LPG for distribution to northeast Mexico, announced today that it had entered into an amended and restated purchase and sale agreement
(Rio Vista Restated PSA) with TransMontaigne Product Services Inc.
Each forward sale agreement
will be composed of twenty equal components.
The first forward sale agreement
settles beginning in March 2007 and the second settles beginning in March 2008.