Encana Term Sheet definition

Encana Term Sheet means that certain term sheet, dated as of July 11, 2017, which appears at Docket No. 1042-2 setting forth the principal terms of the Encana Settlement. The Encana Term Sheet is attached to this Plan as Exhibit A and the terms thereof are incorporated into this Plan for all purposes. The Encana Term Sheet was approved by order of the Bankruptcy Court dated July 12, 2017 [Docket No. 1052]. 84. “Entity” has the meaning set forth in section 101(15) of the Bankruptcy Code. 85. “Equity Interest” means any share of capital stock or other ownership interest or any other equity security (as defined in section 101(16) of the Bankruptcy Code) in any Debtor, whether or not transferable, including all issued, unissued, authorized or outstanding shares of stock, and any option, call, warrant, or right (contractual or otherwise) to purchase, sell, or subscribe for an ownership interest or other equity security in any Debtor, and any other rights, options, warrants, stock appreciation rights, phantom stock rights, restricted stock units, redemption rights, repurchase rights, convertible, exercisable or exchangeable securities or other agreements, arrangements or commitments of any character relating to, or whose value is related to, any such interest or other ownership interest in any Entity, including any Claim against the Debtors that is subject to subordination pursuant to section 510(b) of the Bankruptcy Code arising from or related to any of the foregoing. 86. “Equity Committee Stipulation” means the Stipulation and Agreed Order By and Among Debtors and Certain Equity Holders Resolving Requests for the Appointment of an Official Committee of Equity Holders entered by the Bankruptcy Court on March 16, 2016 [Docket No. 356]. 87. “Estate” means, as to each Debtor, the estate created for the Debtor in its Chapter 11 Case pursuant to section 541 of the Bankruptcy Code. 88. “Exchange Act” means Securities Exchange Act of 1934, as amended, together with the rules and regulations promulgated thereunder. 89. “Exculpated Parties” means, collectively, and in each case in its capacity as such: (a) each of the Debtors and the Reorganized Debtors; (b) the Disbursing Agent; (c) the Consenting Creditors; (d) the DIP Agent; (e) the DIP Lenders; (f) the Lenders; (g) each Issuing Bank; (h) each DIP Issuing Bank; (i) each Swap Lender (as defined in the Credit Agreement); (j) each Treasury Management Bank (as defined in the Credit Agreement); (k) the Indenture Trustees; (l) the Backstop...
Sample 1
Encana Term Sheet means that certain term sheet, dated as of July 11, 2017, which appears at Docket No. 1042-2 setting forth the principal terms of the Encana Settlement. The Encana Term Sheet is attached to this Plan as Exhibit A and the terms thereof are incorporated into this Plan for all purposes. The Encana Term Sheet was approved by order of the Bankruptcy Court dated July 12, 2017 [Docket No. 1052].
Sample 1

Examples of Encana Term Sheet in a sentence

  • The implementation of the Plan turns on the Encana Term Sheet and the orderly disposition of Vanguard’s assets in Glasscock County.

  • These codes are a well-established concept in the realm of redundant data transmission and storage.

  • Additionally, Encana’s proposed terms would render the Encana Term Sheet illogical and unconscionable.

  • Further, Vanguard, prior to filing the Encana Term Sheet, provided Encana with a blackline of final changes it made to the Encana Term Sheet, and the embedded Acreage Table.

  • Under the Plan, Encana receives the treatment afforded under the Encana Term Sheet.

  • The Plan, as modified to effectuate the Encana Term Sheet, contained an intricate web of interrelated transactions affecting not only Encana, but also the Lenders whose liens encumbered the assets that Encana now wants to seize.

  • Initially, and most obviously, the communications related to the Encana Term Sheet reveal that, even if there was a mistake on the part of Encana, that mistake is due to Encana’s own deliberate acts, or carelessness.72 Encana claims that the Encana Term Sheet prevents it from receiving approximately $2,700,000 in consideration in the form of Vanguard’s retained the Powell Assets.

  • As explained at the July 12, 2017 hearing on the Encana Term Sheet, the$5,000,000 cash payment contemplated under the settlement could not be paid until the Plan was confirmed.

  • We have about 7,000 wells that produce 45,000 barrels of oil a day.

  • Despite this documentary record, Encana claims that the final version of the Encana Term Sheet did not reflect the agreement of the parties and that such agreement contemplated the transfer of Vanguard’s entire retained 107 net mineral acre working interest in the Powell Assets.

Related to Encana Term Sheet

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

  • Structural Term Sheet shall have the respective meanings assigned to them in the February 13, 1995 letter (the "PSA Letter") of Xxxxxx, Xxxxxxxx, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. The term "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter (the "Xxxxxx letter" and together with the PSA Letter, the "No-Action Letters") of Brown & Xxxx on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994).

  • ABS Term Sheets shall have the meanings given such terms in the Xxxxxx/PSA Letters, but shall include only those Computational Materials that have been prepared or delivered to prospective investors by or at the direction of an Underwriter.

  • Term Sheet means any term sheet that satisfies the requirements of Rule 434 under the Act. Any reference herein to the "date" of a Prospectus that includes a Term Sheet shall mean the date of such Term Sheet.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Structural Term Sheets shall have the respective meanings assigned to them in the February 13, 1995 letter of Cleary, Gottlieb, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter of Xxxxx & Wood on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994). "Series Term Sheet" has the meaning assigned to it in the April 4, 1996 letter of Xxxxxx & Xxxxxxx on behalf of Greenwood Trust Company (which letter, and the SEC staff's response thereto, were publicly available April 5, 1996).

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Collateral Term Sheet and "Structural Term Sheet" shall have the respective meanings assigned to them in the February 13, 1995 letter (the "PSA Letter") of Xxxxxx, Xxxxxxxx, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. The term "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter (the "Xxxxxx letter" and together with the PSA Letter, the "No-Action Letters") of Brown & Xxxx on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994).

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Long Term Supply Assignment means, in relation to an employee,

  • Collateral Term Sheets shall have the meanings given such terms in the PSA Letter but shall include only those ABS Term Sheets or Collateral Term Sheets that have been prepared or delivered to prospective investors by any Underwriter.

  • Long-term contract means a contract with a duration period exceeding one year;

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Long-term suspension means the removal of a student from the school premises and regular classroom activities for more than ten (10) consecutive school days, or for more than ten (10) school days cumulatively for multiple disciplinary offenses in any school year. A Principal/Designee may, in his or her discretion, allow a student to serve a long-term suspension in school. Removal solely from participation in extracurricular activities or school-sponsored events, or both, shall not count as removal in calculating school days. Except for students who are charged with a disciplinary offense set forth in subsections (a) or (b) of G.L. c. 71, §37 H, or in section 37H ½ of G.L. c. 71, no student may be placed on long-term suspension for one or more disciplinary offenses for more than ninety (90) school days in a school year beginning with the first day that the student is removed from school. No long-term suspension shall extend beyond the end of the school year in which such suspension is imposed.

  • Term Sheets means any ABS Term Sheets, Structural Term Sheets and/or Collateral Term Sheets.

  • Planning Agreement means an agreement, undertaking or obligation pursuant to the provisions of section 106 Town and Country Planning Act 1990 or section 111 of the Local Government Act 1972, section 33 of the Local Government (Miscellaneous Provisions) Act 1982 or an infrastructure agreement pursuant to section 38 or section 278 of the Highways Act 1980 or the section 104 of the Water Industry Act 1991;

  • Term SOFR means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Exclusivity Agreement , in relation to land, means an agreement, by the owner or a lessee of the land, not to permit any person (other than the persons identified in the agreement) to construct a solar pv station on the land;”;

  • Collaborative practice agreement means a written agreement

  • Training Agreement means an agreement registered under the provisions of the Industrial and Commercial Training Act 1985.

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.