Examples of Falcon V in a sentence
If, within five (5) Business Days after providing written notice of such objection the Committee or Creditors Trustee has not filed a motion with the Bankruptcy court to reopen the Falcon V Chapter 11 Case so that the Bankruptcy Court can hear such objection, any objection shall be deemed waived.
Falcon V as well contracts with and purchases materials, good and services of the same nature from third party vendors and suppliers.
Additionally, Falcon V has funded ORX with enough funds to meet payroll and vendor obligations.
That seismic license came to Falcon V as part of the Hilcorp acquisition and therefore Falcon does not owe any outstanding amounts related to the Tuscaloosa Assets seismic.
The remainder of Claims filed in the Falcon V case were scheduled by the Debtors and total approximately $6.0 million, excluding the Prepetition Lenders Claims and the Argonaut Insurance Company Claims.
On April 17, 2019, Falcon V and Anadarko executed the Letter Agreement which extended the time to close the Assignment to May 17, 2019.
Falcon V has partnered with these companies’ efforts since inception of the project.
To complete the assignment, Falcon V was required to wire the remaining $1,020,000 to Anadarko to effectuate the assignment and maintain Falcon’s ability to explore future prospects in the Austin Chalk Play.
The Equity Interests in Falcon V shall be unaffected by the Plan and continue in place following the Effective Date, solely for purposes of implementing the Restructuring Transactions.
While Falcon V owns the Old Spanish Trail license, the exclusivity period extension will expire on November 30th, 2019, and therefore the Seismic Claim is a prepetition claim that does not adversely affect the rights of Falcon in, to and upon the Old Spanish Trail license.