Organic CapEx definition

Organic CapEx means capital expenditures used for (a) drilling, completions, infrastructure and other capital projects of ▇▇▇▇ ▇▇▇▇ in the normal course of business or (b) acquisitions (by merger, consolidation, or acquisition of stock or assets or otherwise) of any corporation, partnership, limited liability company, or other business organization or division thereof or any Oil and Gas Properties, by purchase, lease or otherwise, in the following counties located in the State of Oklahoma: Kingfisher, Garfield, Canadian, ▇▇▇▇▇▇, Major, Dewey, Woodward, ▇▇▇▇▇ and Oklahoma, where ▇▇▇▇ ▇▇▇▇ currently has an existing Hydrocarbon interest in such target properties.
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Related to Organic CapEx

  • Line Cap means at any time, the lesser of (i) the Aggregate Commitments and (ii) the then-applicable Borrowing Base.

  • Sub-acute facility means a facility that provides intermediate care on short-term or long-term basis.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Reasonably available means able to be contacted by a procurement organization without undue effort and willing and able to act in a timely manner consistent with existing medical criteria necessary for the making of an anatomical gift.

  • Revolver Percentage means, for each Revolving Lender, the percentage of the aggregate Revolving Credit Commitments represented by such Revolving Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Revolving Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.