Examples of MX Energy in a sentence
The Facility Agent may from time to time enter into other Master ISDA Agreements with Affiliates of MX Energy or MX Electric (each such Affiliate, an “Additional MX Party” and, together with MX Energy and MX Electric, the “ISDA Parties”), and the Guarantors named therein (each, an “Additional Master ISDA”, which term shall encompass the related ISDA Documents).
Subject to the terms and conditions of this Agreement, each of MX, MX Energy, CECG and SET agrees to use all commercially reasonable efforts to take, or cause to be taken, all action and to do, or cause to be done, all things necessary, proper or advisable under applicable laws or otherwise to consummate and make effective the transactions contemplated by this Agreement.
Without the prior written consent of Party A, Party B shall not directly or indirectly sell Energy to any Person if the reasonably forecasted purchases of such Person indicate purchases from Party B of more than (A) 160 Mwhs on average per day, (B) $440,000 in actual billed amounts for any 30-day period at the time of such sale, or (C) if MX Energy is concurrently selling Gas to such Person, 9 Mwhs on average per day.
During 2011 the Partnership completed the sales of certain investments, and the trading activity relating to these investments, including Gateway Energy Services Corporation, Great Eastern Energy Company and MX Energy for proceeds of $42 million, $7 million, and $23 million, respectively.
The Specified Entities of Party B (other than MX Energy, MX Canada, Xxxxxxxxx.xxx and Online Choice) are engaged solely in holding Equity Interests in the MX Holdcos, Party B, MX Energy and MX Canada and the performance of their duties and obligations under this Agreement, the other ISDA Documents, the Old Notes Indenture, the Indenture and each other document related thereto.
Concurrently herewith, the Facility Agent (defined below) is entering into a Master ISDA Agreement with MxEnergy Inc., a Delaware corporation (“MX Energy”), and the Guarantors named therein (the “Master MX Energy ISDA”, which term shall encompass the related ISDA Documents), and a Master ISDA Agreement with MxEnergy Electric Inc., a Delaware corporation (“MX Electric”), and the Guarantors named therein (the “Master MX Electric ISDA”, which term shall encompass the related ISDA Documents).
Party B and MX Energy shall use commercially reasonable efforts to novate or terminate all transactions underlying the Indebtedness permitted by clause (iii) of the definition of “Permitted Indebtedness” set forth in Part 14 as promptly as practicable, but in any event within 30 days of the Closing Date.
MX Energy and MX Canada are engaged solely in the purchase and sale of Gas to residential or small commercial end-users of Gas and other activities necessary in connection therewith.