Examples of Xxxxxx 2009 Partnership in a sentence
None of the Borrower, any Subsidiary or Xxxxxx 2009 Partnership shall have any Foreign Subsidiaries.
The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production company.
All of the outstanding capital Stock of each such Subsidiary and the Xxxxxx 2009 Partnership has been validly issued and is fully paid and non-assessable.
Set forth on Schedule 5.27 is a true and complete list of all Indebtedness of Borrower, its Subsidiaries and the Xxxxxx 2009 Partnership outstanding immediately prior to the Closing Date that is to remain outstanding after the Closing Date and such Schedule accurately reflects the aggregate principal amount of such Indebtedness and the principal terms thereof as of the Closing Date.
The Borrower will not permit Xxxxxx 2009 Partnership to enter into any Swap Agreements.
None of Borrower, any of its Subsidiaries or the Xxxxxx 2009 Partnership is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of capital Stock or any security convertible into or exchangeable for any of capital Stock.
The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to, allow gas imbalances, take-or-pay or other prepayments with respect to the Oil and Gas Properties of the Borrower or any Subsidiary that would require the Borrower or such Subsidiary to deliver Hydrocarbons at some future time without then or thereafter receiving full payment therefor to exceed $500,000 in the aggregate.
The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to, before the date that is 91 days after the Maturity Date, call, make or offer to make any optional or voluntary prepayment or redemption of or otherwise optionally or voluntarily redeem or prepay (in whole or in part) any Debt that is subordinated to the Secured Obligations; provided that the Borrower may redeem or prepay any such Debt with the proceeds of any Permitted Refinancing Debt in respect thereof.
The Borrower will not, and will not permit any Subsidiary or Xxxxxx 2009 Partnership to call, make or offer to make any optional or voluntary prepayment or redemption of or otherwise optionally or voluntarily redeem or prepay (in whole or in part) any Debt that is subordinated to the Secured Obligations; provided that the Borrower may redeem or prepay any such Debt with the proceeds of any Permitted Refinancing Debt in respect thereof.
Except as provided on Schedule 5.5(c), as of the Closing Date, Borrower has no direct or indirect equity interest in any Person other than Borrower’s Subsidiaries, the Pellissippi Pointe Entities and the Xxxxxx 2009 Partnership.