Article II Sample Clauses

Article II. Stockholders ------------
Article II. A. By execution of this Participation Agreement, REC acknowledges its obligation to participate in the three (3) wells described in Exhibit “E” (the “Wells”) and the rig mobilization/demobilization to the Main Pass “A” Platform (the “Platform”). Concurrently with execution hereof, REC will execute and return to W&T each Authority for Expenditure (“AFE”) attached hereto as ExhibitsE-1, E-2, E-3 and E-4”, each AFE describing the drilling and evaluation of three (3) Test Wells and the cost associated the mobilization and demobilization of the H&P Rig No. 206 to the Platform as listed below: AFE #D07021: Main Pass 283 – OCS-G 13662 Well A-1 ST-2 AFE #D07019: Main Pass 279 - OCS-G 26168 Well A-6 ST-1 AFE #D07020: Main Pass 279 - OCS-G 26168 Well A-5 ST-1 AFE #D07018: Rig Mobilization/Demobilization
Article II. Objednávky a uzatváranie Čiastkových kúpnych zmlúv Orders and conclusion of the Partial sales contracts
Article II. CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL Section 2.01. Credit Enhancement Fee........................................................... 9 Section 2.02. Series Supplements............................................................... 9 Section 2.03. Grant of Security Interest by the Transferor..................................... 10 Section 2.04. Priority......................................................................... 10 Section 2.05. Transferor Remains Liable........................................................ 11 Section 2.06. Maintenance of Collateral........................................................ 11 Section 2.07. Termination and Release of Rights................................................ 12 Section 2.08. Non-Recourse Obligations of Transferor........................................... 13 ARTICLE III. SPREAD ACCOUNTS Section 3.01. Establishment of Spread Accounts; Initial Deposits into Spread Accounts............................................................... 13 Section 3.02. Investments...................................................................... 14 Section 3.03. Distributions; Priority of Payments.............................................. 15 Section 3.04. General Provisions Regarding Spread Accounts..................................... 17 Section 3.05. Reports by the Collateral Agent.................................................. 18 ARTICLE IV.
Article II. Article II of the Credit Agreement is amended by deleting Section 2.20(f) in its entirety and by substituting the following in its stead:
Article II. 1. The Borrower agrees that the said Facilities together with interest, compound interest, additional interest, liquidated damages, costs, charges, expenses and other moneys; payable in respect thereof will be secured in favour of the said Banks by a First Pari Passu Charge by way of hypothecation and / or pledge of the borrower’s Current Assets, namely, Stocks of Raw Materials, Semi-Finished and Finished Goods, Stores and Spares, Packing material including those relating to plant and machinery, Consumable Stores & Spares, Bills Receivable, Book Debts, Subsidy Receivables and all other movables and immovable fixed assets of the Borrower (excluding Plant & Machineries and other fixed assets created/being created out of the term loan sanctioned by Canara Bank and Bank of Baroda), both present and future excluding such assets as may be permitted by the said Banks from time to time.
Article II. Article II of the Credit Agreement is hereby amended by adding to the end thereof a new Section 2.12 to read as follows:
Article II. The Credits -----------
Article II. Shareholders ------------ Section 1. Meetings of Shareholders................................. 1 Section 2.