PARAMOUNT RESOURCES LTD. (Vendor) - and - PARAMOUNT ENERGY OPERATING CORP., as trustee of PARAMOUNT OPERATING TRUST (Purchaser) INITIAL ASSETS PURCHASE AGREEMENTInitial Assets Purchase Agreement • November 7th, 2002 • Paramount Energy Trust • Crude petroleum & natural gas
PARAMOUNT RESOURCES LTD. (Vendor) - and - PARAMOUNT ENERGY OPERATING CORP., as trustee of PARAMOUNT OPERATING TRUST (Purchaser) TAKE-UP AGREEMENTTake-Up Agreement • November 7th, 2002 • Paramount Energy Trust • Crude petroleum & natural gas
PARAMOUNT RESOURCES LTD., a body corporate registered to carry on business in the Province of Alberta and having an office in the City of Calgary, in the Province of Alberta (hereinafter called the “Vendor”)
GUARANTEEGuarantee • November 7th, 2002 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta
For valuable consideration, receipt whereof is hereby acknowledged, PARAMOUNT ENERGY OPERATING CORP. as trustee of PARAMOUNT OPERATING TRUST (the “Guarantor”) hereby irrevocably, absolutely and unconditionally guarantees payment to the Beneficiary on demand of all Obligations (as hereinafter defined).
FIRST AMENDING AGREEMENT TO COMMITMENT LETTER between COMPUTERSHARE TRUST COMPANY OF CANADA, as Trustee of Paramount Energy Trust (as Borrower) and PARAMOUNT ENERGY OPERATING CORP., as Trustee of Paramount Operating Trust (the “Guarantor”) and BANK OF...First Amending Agreement to Commitment Letter • November 7th, 2002 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta
BANK OF MONTREAL, CANADIAN IMPERIAL BANK OF COMMERCE and THE BANK OF NOVA SCOTIA (collectively, in their capacities as Lead Arrangers and Lenders called the “Lenders")
GUARANTEEGuarantee • November 7th, 2002 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta
For valuable consideration, receipt whereof is hereby acknowledged, COMPUTERSHARE TRUST COMPANY OF CANADA, as trustee of PARAMOUNT ENERGY TRUST (“PET”) and PARAMOUNT ENERGY OPERATING CORP., as trustee of PARAMOUNT OPERATING TRUST (“POT”) hereby jointly and severally and irrevocably, absolutely and unconditionally guarantee payment to the Agent and the Lenders (as hereinafter defined) on demand of all Obligations.
