TABLE OF DEFINED TERMS. The following terms are defined in the section of this Agreement set forth after such term below: Acceptable Confidentiality Agreement SECTION 7.05(b) accredited investor SECTION 2.03(d) Acquisition Proposal SECTION 7.05(a) Action SECTION 4.10 Agreement PREAMBLE Anti-takeover Laws SECTION 4.04(b) Appointment Time SECTION 7.03(a) Blue Sky Laws SECTION 4.05(b) Board RECITALS Burdensome Condition SECTION 7.08(d) Certificate of Merger SECTION 3.02 Certificates SECTION 3.11(b) Change in Board Recommendation SECTION 7.05(c) Common Parent SECTION 4.16(k) Company PREAMBLE Company 2007 Form 10-K SECTION 4.08(b) Company Leases SECTION 4.14(c) Company Stock Option SECTION 3.07 Company Stock Option Plans SECTION 3.07 Company Subleases SECTION 4.14(c) Confidentiality Agreement SECTION 7.04(b) covered employees SECTION 4.11(i) Deal Expenses SECTION 9.03(b) definitive material agreement SECTION 4.19(a) DGCL RECITALS Disclosure Schedule ARTICLE IV Dissenting Shares SECTION 3.10(a) Effective Time SECTION 3.02 ERISA SECTION 4.11(a) ERISA Affiliate SECTION 1.01 ESPP SECTION 3.09 excess parachute payments SECTION 4.11(d) Exchange Act SECTION 2.01(a) Expiration Date SECTION 2.01(b) Fairness Opinion SECTION 2.02(a) Fully Diluted Basis SECTION 1.01 GAAP SECTION 4.07(b) Governmental Authority SECTION 4.05(b) Hazardous Substances SECTION 1.01 Indemnified Parties SECTION 7.07(b) Independent Directors SECTION 7.03(c) Insurance Policies SECTION 4.20 Intellectual Property SECTION 1.01 IP Contracts SECTION 1.01
TABLE OF DEFINED TERMS. Additional Mortgage Section 7.12(b) Agent-Related Persons Section 10.2 Agreement Preamble Annual Budget Section 7.1(a)(iii) Anti-Terrorism Laws Section 5.22 Collateral Agent Preamble Company Preamble Company Historical Financial Statements Section 5.12(a) Compliance Certificate Section 7.2 Cured Default Section 1.1(e) Default Rate Section 9.1 Deferral Notice Section 7.18(b)(viii)(B) Deferral Period Section 7.18(b)(viii) Disposition Section 8.3 Eligible Issuance Section 7.16 Environmental Permits Section 5.13 Evanston Prepayment Section 8.3 Evanston Sale Section 8.3 Evanston Seller Notes Section 8.3 Event of Default Section 9.1 Executive Order Section 5.22 Existing Agreement Recitals Existing Defaults Section 3.3 First Agreement Recitals First Amendment and Restatement Recitals Indemnified Liabilities Section 10.7 Indemnitee Section 11.18 Initial Borrower Preamble Initial Borrowers Preamble Investments Section 8.5 Last Audited Financial Statements Section 5.12(a) Last Unaudited Financial Statements Section 5.12(a) Material Event Section 7.18(b)(viii) New Subsidiary Section 7.12(a) OFAC Section 5.22 Originating Holder Section 11.3(a) Other Payments Section 9.1 Participant Section 11.3(a) Participant Register Section 11.3 Patriot Act Section 11.19 Permitted Liens Section 8.1 Refinancing Indebtedness Section 8.2 Registration Rights Indemnified Party Section 7.18(f)(iii) Registration Rights Indemnifying Party Section 7.18(f)(iii) Regulatory Disclosure Requirement Section 7.17 Second Amendment and Restatement Recitals Securities Section 11.9(a) Top-Up Rights Section 7.16 U.S. Tax Compliance Certificate Section 11.2(f)(ii)(B)(3) Accounting Principles. Calculations and determinations of financial and accounting terms used and not otherwise specifically defined under this Agreement (including the Exhibits hereto) shall be made and determined, both as to classification of items and as to amount, in accordance with GAAP or IFRS, as applicable. If any changes in accounting principles or practices from GAAP or IFRS, as applicable, are occasioned by the promulgation of rules, regulations, pronouncements and opinions by or required by the Financial Accounting Standards Board or the American Institute of Certified Public Accountants (or any successor thereto or agencies with similar functions) with respect to GAAP, and the International Accounting Standards Board with respect to IFRS, which results in a change in the method of accounting in the calculation of financial co...
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TABLE OF DEFINED TERMS. Cross Reference Term in Agreement Page ---- ---------------- ---- Acquisition.................................Preamble................. 1 affiliate...................................Section 7.8(a)...........
TABLE OF DEFINED TERMS. Terms Reference in Agreement Acquired Company Plan Section 3.14(a) Acquisition Proposal Section 6.1(g) Acquisition Transaction Section 8.3(c) Affiliate Section 3.4(b) Agreement Preamble Agreement of Merger Section 1.1 Alternative Acquisition Agreement Section 6.1(b)(ii) Antitrust Laws Section 6.6(b) Antitrust Order Section 6.6(b) Bankruptcy and Equity Exception Section 3.3(a) Business Day Section 1.2
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TABLE OF DEFINED TERMS. Cross Reference Term in Agreement Page ---- --------------- ----
TABLE OF DEFINED TERMS. Agreement 1 Lease 1 Allocated Values 6 Leases 1 Assets 1 Marketable Title 8 Assignment 11 material 55 Assumed Obligations 42 Material Adverse Effect 55 Breach 55 Material Contract 22 Business Employees 31 Net Revenue Interest 9 Buyer 1 New Employee 31 Buyer’s Environmental Review 15 NORM 50 Casualty 50 Notice of Disagreement 37 Casualty Loss 51 Notification Date 7 CERCLA 17 OPA 17 Claims 45 Parent Guarantee 30 Closing 34 Parent Guarantor 1 Closing Date 34 Parties 1 COBRA 32 Party 1 Contracts 2 PDNP 6 Deposit 5 Permits 2 Documents 52 Permitted Encumbrances 11 DTPA 51 Plugging and Abandonment Obligations 44 Effective Time 7 Production Imbalances 7 Environmental Defect 17 Proprietary Seismic 30 Environmental Defect Value 17 PUD Locations 6 Environmental Information 16 Purchase Price 5 Environmental Laws 17 Purchase Price Allocations and Adjustments 36 Environmental Obligations 00 XXXX 00 Equipment 2 Records 3 Escrow Agent Termination Letter 39 Representatives 46 Excluded Assets 3 Retained Obligations 43 FERC 30 Sale-Leaseback Agreement 40 Final Settlement Date 37 Seller 1 Final Settlement Statement 36 Settlement Statement 36 Garfield Properties 3 Soft Consents 13 Gathering Assets 2 Special Mineral Deed 11 Governmental Authority 17 Special Warranty Deeds 11 Group Health Plan 31 Surface Agreements 2 Hard Consents 13 Tax 55 Hydrocarbons 1 Title Benefit 14 includes and including 54 Title Benefit Value 14 Independent Expert 19 Title Defect 8 Information 24 Title Defect Value 9 Interest 1 Transition Services Agreement 29 Interests 1 Water Infrastructure 2 Interim Operating Expenses 35 Xxxxx 2 JPMorgan Chase Liens 13 Working Interest 9 knowledge 55 Lands 1 Laws 11 Exhibit 2 PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement (this “Agreement”) is made and entered into this 15th day of September, 2014, by and between XXXX XXXXXXX CORPORATION, a Delaware corporation (“Seller”)), on the one hand, and VANGUARD OPERATING, LLC, a Delaware limited liability company (“Buyer”) and VANGUARD NATURAL RESOURCES, LLC, a Delaware limited liability company (“Parent Guarantor”), on the other hand. Seller, Buyer and Parent Guarantor are collectively referred to herein as the “Parties,” and are sometimes referred to individually as a “Party.”
TABLE OF DEFINED TERMS. (not a part of the Agreement)
TABLE OF DEFINED TERMS. Defined Term Section Accounting Principles 1.3(b) Acquired Company Introduction Acquired Company IP 2.11(a) Acquired Company Released Persons 6.8 Adjusted Purchase Price 1.3(j) Adjustment Threshold 1.3(i) Affiliate 2.1(b) Agreement Preliminary Statement Assumed Liabilities 4.2 Balance Sheet 2.6(a) Bankruptcy and Equity Exception 2.3 Business Day 1.3(a)(ii) Business Material Adverse Effect 2.1(b) Business Introduction Buyer Preliminary Statement Buyer Material Adverse Effect 3.3(b) Cap 4.5(a)(i) Claim Notice 4.3(b) Claimed Amount 4.3(b) Closing 1.2(a) Closing Cash 1.3(a)(iii) Closing Date 1.2(a) Closing Indebtedness 1.3(a)(iv) Code 2.8(d) Commissions Receivable Adjustment 1.3(a)(v) Commissions Receivable Factor 1.3(a)(vi) Competitive Business 6.2 Covered Individual 6.2 COVID-19 2.1(b) COVID-19 Measures 2.1(b) COVID-19 Responses 2.1(b) Damages 4.1; 4.3(a) Deductible 4.5(a)(ii) Designated Contracts 2.12(b) Designated Intellectual Property 2.11(a) Disclosing Party 6.1(e) Disclosure Schedule Article II Dispute Notice 1.3(d) Employee Benefit Plan 2.15(a) Environmental Laws 2.21(a) Equity Interests Introduction ERISA 2.15(a) Defined Term Section ERISA Affiliate 2.15(a) Estimated Closing Statement 1.3(b) Estimated Purchase Price 1.3(b) Excluded Liabilities 4.1 Final Closing Statement 1.3(c) Final Purchase Price 1.3(c)
