Examples of Marathon Canada in a sentence
Rahill Bonanza, Ontario 2% NSR Marathon Canada Ltd.3% NSR William, Michael and the estate of Steve Kostynuk 3% NSR Dave Meunier0.5% NSR Cypress/Skyharbour2% underlying NSR owed to a third partyHasaga, Ontario 3% NSR Lac Properties1% NSR Pure Gold Mining Inc.3% NSR Camp McMann Red Lake Gold Mine Ltd.
No transfer by Marathon Canada of any Receivable under the Transfer Agreement or by Originator of any Receivable hereunder is or may be voidable as a fraudulent transfer under Section 547 of the Federal Bankruptcy Code or a voidable preference under Section 548 of the Federal Bankruptcy Code.
The addition of the Marathon Canada properties added 39.8 million barrels of oil equivalent to proved reserves.
With respect to any Receivable purchased by Originator from Marathon Canada, such sale shall be effected under, and in compliance with the terms of, the Transfer Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to Marathon Canada in respect of the purchase price for such Receivable.
Originator will, and will require Marathon Canada to, perform each of their respective obligations and undertakings under and pursuant to the Transfer Agreement, will acquire Receivables thereunder in compliance with the terms thereof and will enforce the rights and remedies accorded to MPC LP and to Buyer (by assignment from MPC LP hereunder) under the Transfer Agreement.
The increase in natural gas production was mainly attributable to the acquisition of Marathon Canada and exploratory and development wells recently tied-in, partially offset by reservoir declines.
Originator will not designate the “Termination Date” (as defined in the Transfer Agreement), or send any written notice to Marathon Canada in respect thereof, without the prior written consent of Buyer, the Administrative Agent and the Required Managing Agents, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Transfer Agreement.
The net acquisition cost of Marathon Canada, after receipt of proceeds from the sale of certain properties to a third party, was$400 million.
Originator will, and will cause Marathon Canada to, (1) direct all Obligors to remit Collections directly to a Lock-Box or Collection Account, (2) cause all proceeds from all Lock Boxes to be directly deposited by a Collection Bank into a Collection Account and (3) cause each LockBox and Collection Account to be subject at all times to a Collection Account Agreement that is in full force and effect.
Highlights UPSTREAM Acquisition of Marathon CanadaHusky acquired Marathon Canada Limited and the Western Canadian assets of Marathon International Petroleum Canada, Ltd.