PENN WEST PETROLEUM LTD Sample Clauses

PENN WEST PETROLEUM LTD a corporation existing under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "Penn West" or the "Corporation") AND PENN WEST ENERGY TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "Penn West Trust") AND CANADIAN WESTERN TRUST COMPANY, a trust company incorporated under the federal laws of Canada having an office in the City of Calgary, in the Province of Alberta (hereinafter called the "Debenture Trustee") WITNESSETH THAT:
Sample 1Sample 2
AutoNDA by SimpleDocs
PENN WEST PETROLEUM LTD a corporation existing under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "Penn West" or the "Corporation") AND PENN WEST ENERGY TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "Penn WestTrust") AND COMPUTERSHARE TRUST COMPANY OF CANADA, a trust company incorporated under the federal laws of Canada having an office in the City of Calgary, in the Province of Alberta (hereinafter called the "Debenture Trustee") WITNESSETH THAT: WHEREAS APF Energy Trust ("APF Trust"), APF Energy Inc. ("APF") and the Debenture Trustee entered into an indenture (the "Original Indenture") dated July 3, 2003 to provide for the creation and issuance of a first series of debentures being 9.40% convertible unsecured subordinated debentures (the "9.40% Debentures"); AND WHEREAS StarPoint Energy Trust ("StarPoint"), StarPoint Energy Ltd. ("SEL"), APF Trust, APF and the Debenture Trustee entered into a first supplemental indenture (the "First SupplementalIndenture") dated June 27, 2005 pursuant to which StarPoint, as Successor, assumed the obligations of APF Trust under the Original Indenture and to provide for certain amendments required to give effect to the business combination of StarPoint and APF which closed on June 27, 2005; AND WHEREAS Canetic Trust, Canetic Resources Inc. ("CRI"), StarPoint and the Debenture Trustee entered into a Second Supplemental Indenture (the "Second Supplemental Indenture") dated January 5, 2006 pursuant to which Canetic, as Successor, assumed the obligations of StarPoint under the Original Indenture and the First Supplemental Indenture and to provide for certain amendments required to give effect to the business combination of Canetic and StarPoint which closed on January 5, 2006; AND WHEREAS pursuant to a business combination among Canetic Trust, CRI, Penn West Trust and Penn West effective as of January 11, 2008, among other things: (i) Penn West Trust will acquire all of the assets of Canetic Trust; and (ii) CRI and certain other entities will amalgamate to form the Corporation; AND WHEREAS Penn West Trust, as Successor, wishes to assume all of the rights, covenants and obligations of Canetic Trust under the Original Indenture, as supplemented by the First Supplemental Indenture and the Second Supplemental Indenture, in accordance with ...
Sample 1
PENN WEST PETROLEUM LTD a body corporate incorporated under the laws of the Province of Alberta, with offices in the City of Calgary, in the Province of Alberta (hereinafter called the “PWPL”)
Sample 1
PENN WEST PETROLEUM LTD as Borrower
Sample 1
PENN WEST PETROLEUM LTD a corporation subsisting under the Laws of the Province of Alberta (hereinafter referred to as “PWPL”) AND: CANETIC RESOURCES TRUST, a trust created under the Laws of the Province of Alberta (hereinafter referred to as “Canetic”) AND: CANETIC RESOURCES INC., a corporation subsisting under the Laws of the Province of Alberta (hereinafter referred to as “CRI”)
Sample 1
PENN WEST PETROLEUM LTD a corporation subsisting under the Laws of the Province of Alberta (hereinafter referred to as “PWPL”) AND: PETROFUND ENERGY TRUST, a trust created under the Laws of the Province of Ontario (hereinafter referred to as “Petrofund”) AND:
Sample 1
PENN WEST PETROLEUM LTD a corporation existing under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called the “Corporation”) AND CANADIAN WESTERN TRUST COMPANY, a trust company incorporated under the federal laws of Canada having an office in the City of Calgary, in the Province of Alberta (hereinafter called the “Debenture Trustee”) WITNESSETH THAT:
Sample 1
AutoNDA by SimpleDocs

Related to PENN WEST PETROLEUM LTD

  • Independent Petroleum Engineers Xxxxx Xxxxx Company, LP have represented to the Company that they are, and the Company believes them to be, independent petroleum engineers with respect to the Company and its subsidiaries and for the periods set forth in the Registration Statement, the Time of Sale Information and the Prospectus.

  • Mineral Reserves and Resources The estimated proven and probable mineral reserves and estimated indicated, measured and inferred mineral resources disclosed in the Company Reports since July 1, 2006 have been prepared and disclosed in all material respects in accordance with National Instrument 43-101, Disclosure for Mineral Projects. There has been no material reduction in the aggregate amount of estimated mineral reserves or estimated mineral resources of the Company and its Subsidiaries, taken as a whole, from the amounts disclosed in the most recent Company Reports regarding same.

  • Capital Resources Parent has sufficient cash to pay the aggregate Merger Consideration.

  • Egypt Egyptian British Bank S A.E. (as delegate of The Hongkong and Shanghai Banking Corporation Limited) Estonia Hansabank Finland Xxxxxx Bank Plc. France BNP Paribas, S.A. Germany Dresdner Bank AG Ghana Barclays Bank of Ghana Limited Greece National Bank of Greece S.A. Hong Kong Standard Chartered Bank Hungary Citibank Rt. Iceland Icebank Ltd.

  • Liquidity and Capital Resources The Registration Statement, the Time of Sale Prospectus and the Prospectus fairly and accurately describe all material trends, demands, commitments, events, uncertainties and the potential effects thereof known to the Company, and that the Company believes would materially affect its liquidity and are reasonably likely to occur.

  • Liquidity Risk Measurement Services Not Applicable.

  • Banking Operations Enter into any new material line of business; change its material lending, investment, underwriting, risk and asset liability management and other material banking and operating policies, except as required by applicable law, regulation or policies imposed by any Governmental Authority; or file any application or make any contract with respect to branching or site location or branching or site relocation.

  • INSOLVENCY AND COUNTRY RISK The Custodian shall in no event be liable for (a) the insolvency of any Eligible Foreign Custodian, (b) the insolvency of any depositary bank maintaining in a deposit account cash denominated in any currency other than an “on book” currency, or (c) any loss, cost or expense incurred or sustained by a Fund or Portfolio resulting from or caused by Country Risk.

  • Interim Operations (a) The Company covenants and agrees as to itself and its Subsidiaries that, after the date hereof and prior to the Effective Time (unless Parent shall otherwise approve in writing (such approval not to be unreasonably withheld, delayed or conditioned)), and except as otherwise expressly permitted by this Agreement or as required by a Governmental Entity or applicable Laws, the business of it and its Subsidiaries shall be conducted in all material respects in the ordinary course and, to the extent consistent with the foregoing, the Company and its Subsidiaries shall use their respective commercially reasonable efforts to preserve their business organizations substantially intact, maintain satisfactory relationships with Governmental Entities, NERC, PJM, customers and suppliers having significant business dealings with them and keep available the services of their key employees; provided, however, that no action taken by the Company or its Subsidiaries with respect to matters specifically addressed by clauses (i)-(xx) of this Section 6.1(a) shall be deemed a breach of this sentence unless such action would constitute a breach of such other provision. In furtherance of the foregoing, from the date of this Agreement until the Effective Time, except (A) as otherwise expressly permitted by this Agreement, (B) as Parent may approve in writing (such approval not to be unreasonably withheld, delayed or conditioned), (C) as is required by applicable Law or any Governmental Entity or (D) as set forth in Section 6.1(a) of the Company Disclosure Letter, the Company will not and will not permit its Subsidiaries to:

  • Financial Resources The Adviser has the financial resources available to it necessary for the performance of its services and obligations contemplated in the Pricing Disclosure Package, the Prospectus, and under this Agreement, the Investment Management Agreement and the Administration Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!