Common Contracts
2 similar Memorandum of Understanding contracts by Interoil Corp
EX-99.7 8 h44891exv99w7.htm MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • May 5th, 2020 • England
MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding (“MOU”) is made and entered into this 4th day of May 2006, by and between InterOil Corporation, a company incorporated under the laws of New Brunswick, Canada, (“IOC”), Clarion Finanz AG, a company incorporated under the laws of Switzerland (“Clarion”), and Merrill Lynch Commodities (Europe) Limited, a company organized under the laws of England (“Merrill”). IOC, Clarion and Merrill are referred to in this MOU individually as a “Party” and collectively as the “Parties”. The Parties have reached an agreement in principle whereby Clarion and Merrill will provide advantageous financing to IOC for its midstream and downstream petroleum operations in Papua New Guinea (“PNG”) in consideration for IOC offering to Clarion and Merrill or their Affiliates and the other lenders under the Facility (as defined below) exclusive rights to acquire up to a 65% interest, subject to pro rata dilution in the event that the PNG Government exercis
MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • March 30th, 2007 • Interoil Corp • Crude petroleum & natural gas • England
This Memorandum of Understanding (“MOU”) is made and entered into this 4th day of May 2006, by and between InterOil Corporation, a company incorporated under the laws of New Brunswick, Canada, (“IOC”), Clarion Finanz AG, a company incorporated under the laws of Switzerland (“Clarion”), and Merrill Lynch Commodities (Europe) Limited, a company organized under the laws of England (“Merrill”). IOC, Clarion and Merrill are referred to in this MOU individually as a “Party” and collectively as the “Parties”.
