ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • February 22nd, 2017 • Energy XXI Gulf Coast, Inc. • Crude petroleum & natural gas • New York
This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Assignment”) is entered into on December 30, 2016 (“Effective Date”), by and among Energy XXI USA, Inc., a Delaware corporation (“Assignor”), Energy XXI Gulf Coast, Inc., a Delaware corporation (“Assignee”), and Grand Isle Corridor, L.P., a Delaware limited partnership (“Buyer”). Assignor, Assignee and Buyer are each, individually, a “Party,” and are, together, the “Parties.” Capitalized terms used but not defined in this Assignment have the meanings given those terms under the Purchase Agreement (as defined below).
ASSIGNMENT AND ASSUMPTION OF GUARANTY AND RELEASEAssignment and Assumption of Guaranty and Release • February 22nd, 2017 • Energy XXI Gulf Coast, Inc. • Crude petroleum & natural gas • Louisiana
THIS ASSIGNMENT AND ASSUMPTION OF GUARANTY AND RELEASE (this “Assignment”) is entered into as of December 30, 2016 (the “Effective Date”), by and among Energy XXI Ltd, an exempted company formed under the laws of Bermuda (“Assignor”), Energy XXI Gulf Coast, Inc., a Delaware corporation (“Assignee”), and Grand Isle Corridor, LP, a Delaware limited partnership (“Landlord”). Assignor, Assignee and Landlord are each, individually, a “Party,” and are, together, the “Parties.” Unless as specifically modified, all capitalized terms used but not otherwise defined herein, shall have the same meaning as set forth in the Guaranty.
