Examples of Trico Operators in a sentence
Trico Operators shall not, without the consent of the Debentureholders holding at least a majority in principal amount of the Second-Lien Notes then outstanding, reduce or otherwise deem any amount owing under the Trico Supply Intercompany Loan satisfied or paid (including any principal, interest or other amount due thereunder) without the receipt of cash or other assets of the type described in Section 3.2(a)(i) through (iv) above, of equal or greater value.
Notwithstanding anything to the contrary herein, Trico Operators shall not convey, sell or otherwise dispose of all or any portion of its equity interest in the Mexican JV or its right to acquire any equity interest in the Mexican JV, in each case, without the prior written consent of the Lenders.
Each of the Borrower, Trico Operators and the other Credit Parties hereby irrevocably makes, constitutes and appoints the Administrative Agent as its true and lawful attorney-in-fact, with full power of substitution, from time to time during the continuance of an Event of Default, and without assent by any of them, to exercise its option to purchase the equity interests in the Mexican JV held by parties other than it.
Promptly after any such change, the Borrower shall, or shall cause Trico Operators to, provide written notice to the Administrative Agent of the change in the exercise price of the option of Trico Operators to purchase the remaining equity interest in the Mexican JV, which notice shall set forth the effective date of such change and the new exercise price.
Promptly after any such change, the Borrower shall, or shall cause Trico Operators to, provide written notice to the Agent of the change in the exercise price of the option of Trico Operators to purchase the remaining equity interest in the Mexican JV, which notice shall set forth the effective date of such change and the new exercise price.
Each of the Borrower, Trico Operators and the other Credit Parties hereby irrevocably makes, constitutes and appoints the Agent as its true and lawful attorney-in-fact, with full power of substitution, from time to time during the continuance of an Event of Default, and without assent by any of them, to exercise its option to purchase the equity interests in the Mexican JV held by parties other than it.