Black Sable definition

Black Sable means Black Sable Energy, LLC, a Texas limited liability company.
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Examples of Black Sable in a sentence

  • RGW is the sole owner of the membership interest in Black Sable that RGW is contributing to the Company pursuant to Section 2.2, above, free and clear of all Liens, and has the sole power and every right and lawful authority to transfer such membership interest to the Company without the consent of any other Person other than BSE and MVP, which consent has been obtained.

  • Re: Amended and Restated Credit Agreement dated effective as of October 3, 2011, among EnerJex Resources, Inc., EnerJex Kansas, Inc., DD Energy, Inc., Working Interest, LLC and Black Sable Energy, LLC, the Banks, and Texas Capital Bank, N.A., as Administrative Agent for the Banks thereunder.

  • Neither Black Sable nor, to the Knowledge of Black Sable, any of the lessors under any Black Sable Lease, is in default of its respective obligations under any such Black Sable Lease, and to the Knowledge of Black Sable there do not exist any circumstances that, with the delivery of notice or passage of time, would constitute a default by any such Person under any such Black Sable Lease.

  • Except as expressly set forth on Exhibit B hereto, (i) all leases under which Black Sable holds such Black Sable Working Interests (the "Black Sable Leases") are in full force and effect, and (ii) all taxes with respect to each Black Sable Working Interest for all periods prior to the Effective Date of this Agreement have been paid in full.

  • RGW shall execute and deliver an Assignment of Membership Interest, assigning to the Company all right, title, and interest in and to RGW's membership interest in Black Sable.

  • MVP shall execute and deliver an Assignment of Membership Interest, assigning to the Company all right, title, and interest in and to MVP's membership interest in Black Sable.

  • MVP is the sole owner of the membership interest in Black Sable that MVP is contributing to the Company pursuant to Section 2.2, above, free and clear of all Liens, and has the sole power and every right and lawful authority to transfer such membership interest to the Company without the consent of any Person other than BSE and RGW, which consent has been obtained.

  • Except for the membership interest in Black Sable that is held by RGW and is being contributed to the Company pursuant to Section 2.2, above, no Person other than MVP and RGW holds any membership interest or economic interest in Black Sable, or any right, option, warrant or other security exercisable for, convertible into, or exhangeable into a membership interest or economic interest in Black Sable.

  • The Black Sable Working Interests are held by Black Sable free and clear of all Liens whatsoever.

  • To the extent that it is hereafter determined that any such taxes have not been paid (including but not limited to all taxes attributable to all periods prior to the Effective Date of this Agreement that are not yet due and payable), Black Sable shall pay or reimburse the Company for such taxes upon written demand therefore.

Related to Black Sable

  • Black People is a generic term which means Africans, Coloureds and Indians;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • COP means Code of Practice.