DD Energy definition

DD Energy shall have the meaning assigned in the second Recital of this Agreement.

Examples of DD Energy in a sentence

  • Moreover, on the Closing Date, the Administrative Agent shall be deemed to have resigned its position as administrative agent under the Amended and Restated Credit Agreement dated October 3, 2011, between the Borrower, DD Energy, and upon such resignation, Cortland Capital Market Services LLC (the “New Administrative Agent”) shall assume the role as administrative agent thereunder.

  • That certain Amended and Restated Mortgage, Security Agreement, Financing Statement and Assignment of Production and Revenues dated as of July 3, 2008, by EnerJex Kansas and DD Energy, Inc.

  • The Company wishes to incur new indebtedness (the “New Company Debt”), pursuant to that certain credit agreement dated July 3, 2008 (the “Credit Agreement”), by and among Parent, EJK, DD Energy, Inc., Texas Capital Bank, N.A. and the several banks and financial institutions from time to time parties to the Credit Agreement (the “Banks”) in accordance with the terms of the Credit Agreement set forth on Exhibit A.

  • Parent, EnerJex Kansas and DD Energy, as borrowers, and Texas Capital Bank, N.A., as administrative agent and a lender, previously entered into the Existing Loan Agreement (as defined below).

  • 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.

  • Borrowers agree to deliver to Administrative Agent, promptly upon the occurrence thereof, evidence that DD Energy has been legally dissolved as a Business Entity.

  • Borrowers hereby confirm and ratify all of the representations, warranties, covenants and obligations of DD Energy as set forth in the Loan Documents.

  • The Company hereby agrees to promptly take all actions necessary or advisable to grant to Buyers a security interest in such property of the Company in which Buyers do not currently have a perfected security interest (including, without limitation, the property known as the DD Energy Project, the Tho▇▇▇ ▇▇oject and the Tri-County Project).

Related to DD Energy

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Distributed energy resource means a nonemitting electric generation or renewable resource or program that reduces electric demand, manages the level or timing of electricity consumption, or provides storage, electric energy, capacity, or ancillary services to an electric utility and that is located on the distribution system, any subsystem of the distribution system, or behind the customer meter, including conservation and energy efficiency.

  • Clean energy means energy generation that is 90% or