BP Assets definition

BP Assets means those “Purchased Assets” as defined in the BP Acquisition Agreement which are acquired by a Loan Party either directly from a seller under the BP Acquisition Agreement or from a Contributing Affiliate.
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BP Assets means the 100% working interest in the Xxxxxx, Dorado and King fields (excluding deep exploration rights) and related assets operated by the BP Seller, the 100% working interest in the Horn Mountain field and related assets operated by the BP Seller and a deep exploration prospect, the undivided 50% working interest in the Holstein field and related assets owned by the BP Seller, the 33% working interest in the Xxxxx & Xxxxxx field and related assets owned by the BP Seller and the 31% working interest in the Ram Xxxxxx field and related assets owned by the BP Seller.
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BP Assets has the meaning set forth in the Recitals.
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Examples of BP Assets in a sentence

  • Xxxxxxxx Rozen shall at all times respect the BP Assets and retain them in its own custody and not permit the BP Assets to be moved from their location without the prior written consent of BP.

  • Xxxxxxxx Rozen shall not subject the BP Assets to abnormal, abusive, illegal, or hazardous use or conditions.

  • Fire departments and EMS agencies typically either publicly publish their rates or provide them upon request.

  • All BP Assets shall be operated in accordance with applicable federal, state or local law.

  • Xxxxxxxx Rozen shall not make any alterations, modifications or improvements to the BP Assets without the prior written consent of BP.

  • You will come in to contact with the technical staff and front of house staff from the theatres and sometimes be asked to take part in after show discussions with the audience.

  • The total consideration for the BP Assets shall be (a) Fifteen Million United States Dollars (US$ 15,000,000) and (b) the assumption of the Assumed Liabilities (the "Purchase Price").

  • None of the BP Assets is properly treated as owned by persons other than Seller for income Tax purposes.

  • The production of this report has been supervised by Kathleen Neset and has utilized a team compromising of specialists in all these fields.

  • However, there is no evidence in the record stating the date that Ms. Walker was informed that Mr. Crow would be unable to represent her due to a conflict of interest, or whether she was ever informed of this situation.


More Definitions of BP Assets

BP Assets has the meaning set forth in Section 1.1.
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Related to BP Assets

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • REMIC I Assets All of the Mortgage Pool Assets.

  • Fixed Assets means Equipment and Real Estate.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Specified Assets the following property and assets of such Grantor:

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Subject Assets is defined in Section 2.2(c).