Examples of Matrix Operator in a sentence
To approve the issuance of common stock of common stock by Holdings to stockholders of Matrix Oil Corporation in exchange for common stock of Matrix Operator, pursuant to terms of the exchange agreement of Holdings with shareholders of Matrix Operator attached as an exhibit to the Merger Agreement.
In connection with the Mergers, the holders of all outstanding stock of Matrix Operator (“ Matrix Operator Holders”) will exchange their stock in Matrix Operator for shares of common stock of Parent.
Except for the representations and warranties of the Holders contained in this ARTICLE IV and in the Letter of Transmittal submitted by each Holder in connection with the Exchange, the Holders make no representation or warranty, express or implied, on behalf of or concerning Matrix, Matrix Operator or any Matrix LP or any of their affiliates in connection with this Agreement or the transactions contemplated hereby.
Matrix Operator is owned by Johnny Jordan, Jeffrey Kerns, Michael McCaskey, and Shawna Loren.
Except for the representations and warranties of the Holders contained in this ARTICLE IV and in the Letter of Transmittal submitted by each Holder in connection with the Preferred Exchange, the Holders make no representation or warranty, express or implied, on behalf of or concerning Matrix, Matrix Operator or any Matrix LP or any of their affiliates in connection with this Agreement or the transactions contemplated hereby.
The operator of record (the “Operator”) for the wxxxx included in the Initial Assets with respect to which the Company has the right to designate an operator shall initially be Matrix Operator.
HosmerSeptember 22, 2017Page | 4______________________ Matrix, Matrix Operator, Matrix Royalty, and the Matrix LPs have issued approximately $20,398,537 in aggregate principal and accrued interest amount of subordinated promissory notes (“Matrix Debt”).