Crude Oil Purchase Agreement definition

Crude Oil Purchase Agreement means that certain Crude Oil Purchase Agreement between Borrower and Mercuria, substantially in the same form as the latest version thereof delivered to the Administrative Agent on or prior to the Amendment No. 12 Effective Date, with such changes and modifications that are approved by the Administrative Agent in accordance with the terms of this Agreement.
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Crude Oil Purchase Agreement means that certain Crude Oil Purchase Agreement between Borrower and Mercuria, substantially in the same form as the latest version thereof delivered to the Administrative Agent on or prior to May 5, 2017, with such changes and modifications that are approved by the Administrative Agent in accordance with the terms of this Agreement.
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Crude Oil Purchase Agreement has the meaning set forth in Section 12.11(a).
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Examples of Crude Oil Purchase Agreement in a sentence

  • Bengal has a Crude Oil Purchase Agreement with this purchaser and has not experienced any collection problems to date.Cash calls paid to Bengal’s Australian joint venture partners are held in trust accounts by the partner until spent.

  • Bengal has a Crude Oil Purchase Agreement with this purchaser and has not experienced any collection problems to date.

  • Crude oil from Bennett Ranch was sold to Shell Oil under a Crude Oil Purchase Agreement.

  • On or about April 24, 2012, RADCO entered into a Crude Oil Purchase Agreement withO.G.O Marketing, LLC, a Texas limited liability company (“RADCO Purchase Agreement”).

  • Crude Oil Purchase Agreement No. GULFP20TP0002 dated September 3, 2020 between SPMT and Gulfport Parent;10 The Cure amount owing to ORS under the Trunkline Firm Gas Gathering Agreement dated June 1, 2017, Contract No. 7217 is $2,883,089.

  • RADCO entered into a Crude Oil Purchase Agreement with O.G.O. Marketing, LLC (“RADCO Agreement”), a Texas limited liability company that was eventually acquired by First River.

  • Generally, the Amended Complaint alleges that Plaintiff and PEP entered into a certain Lease Crude Oil Purchase Agreement for Plaintiff to sell oil to PEP.

  • Crude Oil Purchase Agreement dated March 1, 2021 between SPMT and Gulfport Parent(collectively, the “ Energy Transfer Assumed Contracts”).

  • Bengal has a Crude Oil Purchase Agreement with Santos.Cash calls paid to Bengal’s Australian joint venture partners are held in trust accounts by the partner until spent.

  • During the ROFR Term, the price will be equal to the price obtained on the bona fide third party written purchase offer received by EXCO.(ECF No 211, Ex. 6 at 1-2).Section 6.d of the Crude Oil Purchase Agreement does state that during the right of first refusal term, the oil price is “equal to the price obtained on [a] bona fide third party written purchase offer received by EXCO.” (ECF No. 211, Ex. 6 at 2).


More Definitions of Crude Oil Purchase Agreement

Crude Oil Purchase Agreement means that certain Crude Oil Purchase Agreement entered into effective on or about the date hereof, by and between MSCG and Xxxx, concurrently herewith.
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Crude Oil Purchase Agreement means that certain Second Amended and Restated Commodities Repurchase Agreement, dated as of the date hereof, by and among SCTSC and EOTT OLP (as amended, amended and restated, supplemented or otherwise modified from time to time).
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Crude Oil Purchase Agreement means, that certain Second Amended and Restated Commodities Repurchase Agreement, dated as of the date hereof, by and among SCTSC and EOTT OLP (as amended, amended and restated, supplemented or otherwise modified from time to time). "CURRENTLY APPROVED BY THE TERM LENDER AGENT" means such Person (including a limit on the maximum credit exposure to any such Person), storage location, pipeline, form of letter of credit, event, action, policy, or other matter, as the case may be, as reflected in the most recent written notice given by the Term Lender Agent to the Borrower Representative as then being approved; provided, that, with respect to any Account Debtor, credit limit, inventory storage location, commodity broker, or creditworthiness criteria, the Borrower Representative shall make an initial determination as to their respective identities, levels, location or criteria, as applicable, subject to the consent of the Term Lender Agent (which consent shall not be unreasonably withheld). Each such written notice will supersede and revoke each prior notice relating to the subject thereof.
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Related to Crude Oil Purchase Agreement

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Warrant Purchase Agreement means a warrant purchase agreement under which a Warrant is issued entered into by Borrower and an Affiliate of Lenders contemporaneously with the execution of this Loan Agreement.

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series 2019 Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 9 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a Person other than the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Subsequent Purchase Agreement means an agreement by and between the Seller and the Purchaser pursuant to which the Purchaser will acquire Subsequent Receivables.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • Sale Agreement means the Sale Agreement Master Securitization Terms Number 1000, dated as of August 15, 2013, among SLM Funding LLC, as Seller, SLM Student Loan Trust 2013-4, as Purchaser, and Deutsche Bank Trust Company Americas, as Interim Eligible Lender Trustee and as Eligible Lender Trustee.

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.