Combination of Compressor Leases and Acquisitions Sample Clauses

Combination of Compressor Leases and Acquisitions of Oil and Gas ---------------------------------------------------------------- Properties. It is the intent of the Parties that the Warrants may be ---------- vested through a combination of the methods set forth in Section 1.5(a) and (b) above. If any portion of the Warrants are vested pursuant to Section 1.5(b), then for each set of contract or set of contracts for the lease of natural gas compressors with an aggregate of 3,750 horsepower delivered by the Purchaser or its Affiliates on or before the Expiration Date with no additional acquisition of oil and gas properties, then an additional one- fourth (25%) of the Warrants shall be vested over and above the levels provided in Section 1.5(b) above. For example if (i) 25% of the Warrants have become vested pursuant to Section 1.5(b)(i) above, and the Company has entered into contract or set of contracts for the lease of natural gas compressors with an aggregate of additional 3,750 horsepower delivered by the Purchaser or its Affiliates on or before the Expiration Date (i.e. leases for compressors with an aggregate of 6,250 horsepower), then an additional 25% of the Warrants shall vest (i.e. a total of 50% of the Warrants shall then be vested), (ii) 50% of the Warrants have become vested pursuant to Section 1.5(b)(ii) above, and the Company and entered into contract or set of contracts for the lease of natural gas compressors with an additional of 3,750 horsepower delivered by the Purchaser or its Affiliates on or before the Expiration Date (i.e. leases for an aggregate of 8,000 horsepower), then an additional 25% of the Warrants shall vest (i.e. a total of 75% of the Warrants shall then be vested), and (iii) 75% of the Warrants have become vested pursuant to Section 1.5(b)(iii) above, and the Company and entered into contract or set of contracts for the lease of natural gas compressors with an aggregate of 9,750 horsepower delivered by the Purchaser or its Affiliates on or before the Expiration Date (i.e. leases for additional 3,750 horsepower), then an additional 25% of the Warrants shall vest (i.e. all of the Warrants shall then be vested).
Sample 1
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Related to Combination of Compressor Leases and Acquisitions

  • Mergers, Consolidations, Sales of Assets and Acquisitions Merge into or consolidate with any other person, or permit any other person to merge into or consolidate with it, or Dispose of (in one transaction or in a series of related transactions) all or any part of its assets (whether now owned or hereafter acquired), or Dispose of any Equity Interests of any Subsidiary, or purchase, lease or otherwise acquire (in one transaction or a series of related transactions) all of the assets of any other person or division or line of business of a person, except that this Section 6.05 shall not prohibit:

  • CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE SECTION 8.1. Company May Consolidate, Etc.,

  • Fundamental Changes and Acquisitions Such Obligor will not, and will not permit any of its Subsidiaries to, (i) enter into any transaction of merger, amalgamation or consolidation (ii) liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or (iii) make any Acquisition or otherwise acquire any business or substantially all the property from, or capital stock of, or be a party to any acquisition of, any Person, except:

  • Consolidation Merger Sale Conveyance and Lease SECTION 10.01. Company May Consolidate, etc.,

  • Liquidations, Mergers, Consolidations, Acquisitions Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, dissolve, liquidate or wind-up its affairs, or become a party to any merger or consolidation, or acquire by purchase, lease or otherwise all or substantially all of the assets or capital stock of any other Person, provided that

  • Investments and Acquisitions The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or to create any Subsidiary or to become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Mergers; Consolidations; Acquisitions Merge or consolidate, or permit any Subsidiary of Borrower to merge or consolidate, with any Person; nor acquire, nor permit any of its Subsidiaries to acquire, all or any substantial part of the Properties of any Person.

  • Fundamental Changes; Disposition of Assets; Acquisitions No Credit Party shall, nor shall it permit any of its Subsidiaries to, enter into any transaction of merger or consolidation, or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or sub-lease (as lessor or sublessor), exchange, transfer or otherwise dispose of, in one transaction or a series of transactions, all or any part of its business, assets or property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, whether now owned or hereafter acquired, or acquire by purchase or otherwise (other than purchases or other acquisitions of inventory, materials and equipment and Capital Expenditures in the ordinary course of business) the business, property or fixed assets of, or stock or other evidence of beneficial ownership of, any Person or any division or line of business or other business unit of any Person, except:

  • Transfer of Acquired Assets At the Closing, Seller is transferring and shall transfer to Buyer, and the Transaction Agreements are effective to vest in Buyer, good, valid and indefeasible or marketable, fee simple or leasehold, as applicable, title to the Acquired Assets, free and clear of all Liens, other than Permitted Liens.

  • Approved Acquisitions Notwithstanding anything contained herein to the contrary, upon the consummation of any merger or other acquisition transaction of the type described in clause (A), (B) or (C) of Section 13.1 involving the Company pursuant to a merger or other acquisition agreement between the Company and any Person (or one or more of such Person’s Affiliates or Associates) which agreement has been approved by the Board prior to any Person becoming an Acquiring Person, this Agreement and the rights of holders of Rights hereunder shall be terminated in accordance with Section 7.1.

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