Examples of Exit Funding Agreement in a sentence
Notwithstanding the foregoing, the Borrower may create, incur, assume or suffer to exist obligations with regard to $95,000,000 1999C Bonds and $18,000,000 1999D Bonds under the Exit Funding Agreement.
Except as disclosed in the financial statements referred to in Section 3.06 hereof and for matters covered by, or referred to in, the Exit Funding Agreement, since September 24, 1999, there has been no material adverse change in the business, operations, properties, assets or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole.
Exit Funding Payments are payable by Xxxxxx Xxxxxxx Corporation under the Exit Funding Agreement between Xxxxxx Xxxxxxx Corporation and the Trustee, dated as of October 15, 1999 and effective as of the Initial Exchange Date.
Subsequent Events Purchase and Sale Agreement On January 30, 2018, we entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”) with OneEnergy Partners Operating, LLC (“OEP”), pursuant to which we agreed to purchase from OEP, and OEP agreed to sell to us, certain oil and gas properties and related assets for a purchase price of $70 million, subject to customary purchase price adjustments (the “OEP Acquisition”).
Except as disclosed in the financial statements referred to in Section 3.06 hereof and for matters covered by, or referred to in, the Exit Funding Agreement, since December 29, 2000, there has been no material adverse change in the business, operations, properties, assets or condition (financial or otherwise) of the Company and its Subsidiaries taken as a whole.
In addition to any terms defined in Schedule I to the Exit Funding Agreement, capitalized terms not otherwise conventionally capitalized shall the respective meanings ascribed to them in clause (m) of this Continuing Disclosure Covenant.
Notwithstanding the foregoing, Xxxxxx Xxxxxxx Corporation may create, incur, assume or suffer to exist obligations with regard to $95,000,000 1999C Bonds and $18,000,000 1999D Bonds under the Exit Funding Agreement.
For the purpose of this Section 6.01(b) only, all calculations of the Consolidated Leverage Ratio shall exclude from the definition of Consolidated Indebtedness the obligations of the Borrower in respect of the $95,000,000 Series 1999C Bonds and $18,000,000 Series 1999D Bonds under the Exit Funding Agreement for the periods prior to and through the end of the Borrower's second fiscal quarter of 2001.
The Committee shall be discharged, and its members shall be released from, all remaining rights and duties when it no longer has any rights under the terms of the Exit Funding Agreement and when all appeals taken by Raven Media with respect to the Put Subordination Order and by any party with respect to the Confirmation Order have been fully exhausted.
The Company and the Parent will not, and will not permit any of their Subsidiaries to amend or modify, or permit the amendment or modification of, (i) Article X of the Indenture for the Convertible Subordinated Notes or (ii) any subordination provision (and the related definitions therein) contained in the Indenture for the Convertible Subordinated Notes or the Exit Funding Agreement, which is in any way adverse to the interests of the Lenders without the consent of the Required Lenders.