APF Transaction definition
APF Transaction means the indirect acquisition by SE Trust of certain Oil and Gas Properties and related assets pursuant to the APF Agreement.
Examples of APF Transaction in a sentence
Upon satisfaction of the conditions precedent set out in Sections 7.1, 7.2 and 7.5 relative to the APF Transaction, the Borrowing Base will automatically be set at $340,000,000, and upon satisfaction of the additional conditions precedent set out in Section 7.6 relative to the EnCana Transaction, the Borrowing Base will automatically be increased to $450,000,000.