EPLLC definition
Examples of EPLLC in a sentence
EPLLC or EPI will provide written notice of its intention to sell and Purchaser shall respond to such notice within thirty days of receipt of such notice.
To the best of EPLLC's knowledge, except as disclosed in Schedule 6.9, there has not been placed any Hazardous Substance (hereafter defined) upon or within the properties included within the Interests and as such EPLLC is currently in material compliance with all applicable Environmental Laws (hereafter defined), and there has not been any material violation of any applicable Environmental Laws in effect prior to the date hereof.
EPLLC is a limited liability company, and EPI is a corporation, duly organized and in good standing under the laws of the Commonwealth of Virginia.
Purchaser agrees to enter into a farmout agreement in the form attached as Exhibit C and on the terms set forth therein, covering all undeveloped leasehold identified by EPLLC not included in the Oil and Gas Interest.
Purchaser shall pay EPLLC Two Hundred twenty-five Dollars ($225.00)/well/month for operating the ▇▇▇▇▇ between the Effective Time and Closing.
The purchase price in Section 3.1 assumes the drilling and completion by EPLLC prior to Closing of new ▇▇▇▇▇ in EPLLC's 2005 program as shown on Exhibit E-1, at $185,000 for each well.
With respect to the Interests, EPLLC has complied in all respects with all Legal Requirements relating to employment practices, terms and conditions of employment, equal employment opportunity, nondiscrimination, immigration, wages, hours, benefits, collective bargaining and other requirements, the payment of social security and similar taxes and occupational safety and health.
The sale and purchase provided in this Agreement shall be closed on October 31, effective at 11:59 PM E.S.T on September 30, 2005 (the "Effective Time"), or such other date as may be mutually agreed upon by the parties, at the offices of EPLLC.
EPLLC will cooperate with Purchaser and its counsel in the contest or defense of, and make available its personnel and provide any testimony and access to its books and records in connection with, any Proceeding involving or relating to (a) any contemplated transaction, or (b) any action, activity, circumstance, condition, conduct, event, fact, failure to act, incident, occurrence, plan, practice, situation, status or transaction on or before the Closing Date involving the Interests.
Notwithstanding anything contained elsewhere in this Agreement to the contrary, Purchaser shall indemnify, defend and hold harmless EPLLC from and against any claims or liability whatsoever arising out of operations conducted under EPLLC's permits.