Talos Production definition
Examples of Talos Production in a sentence
Talos Production LLC, a Delaware limited liability company, shall be the sole member of the Company (the “Sole Member”).
Pursuant to Section 1.3 of that certain Purchase and Sale Agreement, by and among Assignee, Talos Production Inc., a Delaware corporation (“Purchaser”), and, solely with respect to its obligations related to the Purchaser Parent Shares, Talos Energy Inc., a Delaware corporation, dated December [__], 2019 (as amended, restated, modified or supplemented from time to time, the “PSA”), the parties thereto agreed that Assignee would cause Assignor to assign to Assignee the Assets (as defined below).
The Seller Additional Bonds shall be maintained in full force and effect at all times that Talos Production LLC’s Debt to EBITDA Ratio exceeds 2.0x by and at the sole cost of Buyer until Seller, or its designee, is satisfied, in its reasonable discretion, that all Abandonment Obligations have been completely performed and fulfilled.
Talos Production LLC 500 Dallas Street, Suite 2000 Houston, TX 77002 ATTN: Michael L.
If at any time after Closing, Talos Production LLC does not maintain a Debt to EBITDA Ratio of 2.0x or less, then Buyer shall furnish to Seller bonds, substantially in the form attached hereto as Exhibit K, Schedule 9, or other surety or guarantee reasonably acceptable to Seller, securing the Abandonment Obligations in an amount equal to the Security Cap less the aggregate amount of the Performance Bond, BOEM Bonds and the Third Party Bonds in effect (the “Seller Additional Bonds”).
Talos Energy Holdings LLC Talos Energy International LLC Talos Energy LLC Talos Energy Offshore LLC Talos Energy Operating Company LLC Talos Energy Phoenix LLC Talos ERT LLC Talos Exploration LLC Talos Gulf Coast LLC Talos Gulf Coast Offshore LLC Talos Gulf Coast Onshore LLC Talos Oil and Gas LLC Talos Petroleum LLC Talos Production Finance Inc.
Delaware Talos Energy Holdings LLC Delaware Talos Energy International LLC Delaware Talos Energy LLC Delaware Talos Energy Offshore LLC Delaware Talos Energy Operating Company LLC Delaware Talos Energy Phoenix LLC Delaware Talos ERT LLC Delaware Talos Exploration LLC Delaware Talos Gulf Coast LLC Delaware Talos Gulf Coast Offshore LLC Delaware Talos Gulf Coast Onshore LLC Delaware Talos Oil and Gas LLC Delaware Talos Petroleum LLC Delaware Talos Production Finance Inc.
Talos Production LLC shall be the sole member of the Company (the “Member”).
If Talos Production LLC attains a Debt to EBITDA Ratio of 2.0x or less subsequent to posting the Seller Additional Bonds, Seller shall notify the surety to promptly release any Seller Additional Bonds; provided that such release will not relieve Buyer of its obligations under this Section 4.4 if Talos Production LLC’s Debt to EBITDA Ratio thereafter exceeds 2.0x.
If to any Obligee, to: Talos Production LLC c/o Talos Energy LLC ▇▇▇▇ ▇▇▇▇▇ ▇▇., Suite 5000 Houston, Texas 77002-7380 Telecopy No.: (▇▇▇) ▇▇▇-▇▇▇▇ with a copy to (which shall not constitute notice): ▇▇▇▇▇ ▇▇▇▇▇ LLP ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇.