ExploreCo Assets definition

ExploreCo Assets means, collectively, the Petrofund ExploreCo Assets and the Penn West ExploreCo Assets;
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ExploreCo Assets means the assets transferred, directly or indirectly, by Bulldog to ExploreCo coincident with the Bulldog Arrangement becoming effective.
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ExploreCo Assets means the assets set forth and described in Exhibit C hereto;
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Examples of ExploreCo Assets in a sentence

  • To the extent the actual capital expenditures on the ExploreCo Assets exceed $1.5 million, ExploreCo shall reimburse the New Trust for such amount on the Effective Date.

  • The Storm ExploreCo Conveyance Agreement will provide, among other things, that all cash flow generated by the ExploreCo Assets to the Effective Date shall accrue to the benefit of Storm and ExploreCo will assume the Indemnified Liabilities.

  • This Agreement shall supersede and replace any and all prior agreements between the Parties relating to the sale and purchase of the ExploreCo Assets, other than the Arrangement Agreement, and may be amended only by written instrument signed by all Parties.

  • The APF ExploreCo Assets will be sold to APF ExploreCo for a price (estimated at $50 million) to be determined by an independent petroleum and natural gas engineering appraisal of the APF ExploreCo Assets.

  • After giving effect to the Arrangement (including the transfer of the ExploreCo Assets to ExploreCo), Storm Net Debt at June 30, 2010 shall not exceed $105 million excluding the proceeds from the exercise of Storm Options, excluding the ExploreCo Cash Amount and excluding the Storm Transaction Costs.

  • Office space totaling 62 m2 is currently allocated exclusively to graduate students.

  • All cash flow generated by the ExploreCo Assets to the Effective Date shall accrue to the benefit of Acclaim or StarPoint, as applicable.

  • Storm’s Tax Pools at June 30, 2010 after giving effect to the Arrangement (including the transfer of the ExploreCo Assets to ExploreCo (and assuming that: (i) the Surmont/XxXxxxxx Transaction has not been completed prior to the Effective Date; and (ii) Storm Production Partnership and 1318640 Alberta Ltd.

  • The covenants, representations and warranties set forth in Sections 3.1, 3.2, 3.3 and, as applicable, Section 3.5, shall be deemed to apply to all assignments, conveyances, transfers and documents conveying any of the ExploreCo Assets from PMG to ExploreCo, and there shall not be any merger of any covenant, representation or warranty in such assignments, transfers or documents notwithstanding any rule of law, equity or statute to the contrary, and all such rules are hereby waived.

  • PMG does hereby sell, assign, transfer, convey, and set over its entire right, title, estate and interest in and to the ExploreCo Assets and the ExploreCo Cash Consideration to ExploreCo on the terms and conditions set forth in this Agreement effective immediately prior to the Effective Date, and ExploreCo hereby purchases and accepts from PMG the ExploreCo Assets, to have and to hold the same together with all benefits and advantages to be derived therefrom absolutely.


More Definitions of ExploreCo Assets

ExploreCo Assets means the assets owned by Storm and to be sold to ExploreCo pursuant to the Conveyance Agreement as generally described in the Arrangement Agreement and agreed to by ARC and Storm prior to the Effective Time;
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ExploreCo Assets means certain growth assets of Ketch Energy acquired by Ketch Resources Ltd. from Ketch Energy as part of the Ketch Energy Arrangement;
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ExploreCo Assets means the property, assets and interests to be transferred and conveyed by KEL Amalco as part of the Reorganization Transactions to Exploreco, including the property, assets and interests to be transferred and conveyed pursuant to the agreement entitled "Purchase and Sale Agreement for Petroleum and Natural Gas Interests and Other Assets Respecting Certain Petroleum and Natural Gas Interests, Charitable Trust Interests and Other Assets" which is part of the Reorganization Transactions and which shall be dated on or prior to the Closing Date; (jj)
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Related to ExploreCo Assets

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Subject Assets is defined in Section 2.2(c).

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and other related energy businesses.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Assets has the meaning set forth in Section 2.1.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • Subject Interests means Assignor’s undivided interests in the Subject Lands, as determined prior to giving effect to this Conveyance (or as may be made part of the Subject Interests pursuant to Section 3.1 or 3.2 of the Development Agreement), whether as lessee under leases, as an owner of the Subject Minerals (or the right to extract such Minerals) or otherwise, by virtue of which undivided interests Assignor has the right to conduct exploration, drilling, development and Mineral production operations on the Subject Lands, or to cause such operations to be conducted, or to participate in such operations by paying and bearing all or any part of the costs, risks and liabilities of such operations, to drill, test, complete, equip, operate and produce xxxxx to exploit the Minerals. The “Subject Interests” (a) may be owned by Assignor pursuant to leases, deeds, operating, pooling or unitization agreements, orders or any other instruments, agreements or documents, recorded or unrecorded, (b) include any and all extensions or renewals of leases covering the Subject Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof, within six (6) months after the expiration or termination of any such lease, and (c) are subject to the Permitted Encumbrances. For the avoidance of doubt, the “Subject Interests” do not include: (i) Assignor’s interests in the Excluded Assets; (ii) Assignor’s rights to substances other than Minerals; (iii) Assignor’s rights to Minerals (other than Assignee Minerals) under contracts for the purchase, sale, transportation, storage, processing or other handling or disposition of Minerals; (iv) Assignor’s interests in, or rights to Minerals (other than Assignee Minerals) held in pipelines, gathering systems, storage facilities, processing facilities or other equipment or facilities, other than Development Xxxxx; or (v) any additional or enlarged interests in the Development Xxxxx, Subject Lands or Subject Minerals acquired by Assignor after the Closing Time, except (1) to the extent any such additional or enlarged interest becomes a part of the Subject Interests by amendment to this Conveyance pursuant to Section 3.1 or 3.2 of the Development Agreement, (2) as may result from the operation of the terms of the instruments creating the Subject Interests, or (3) as may be reflected in extensions and renewals covered by the preceding sentence.

  • Retained Assets has the meaning set forth in Section 2.2.