EPPG definition

EPPG. El Paso Production Oil & Gas USA, L.P., a Delaware limited partnership.
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EPPG means the legal entity of the EP Power Grit Group placing theOrder.
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Examples of EPPG in a sentence

  • Each Borrower has duly filed all tax returns required to be filed by it, and has duly paid and discharged all taxes, assessments and governmental charges upon it or against its properties now due and payable, the failure to file or pay which, as applicable, would have a Material Adverse Effect, unless and to the extent only that the same are being contested in good faith and by appropriate proceedings by EPC or EPPG.

  • EPPG is duly organized or formed, validly existing and, if applicable, in good standing in the jurisdiction of its organization or formation.

  • The Borrowing Base will be determined by the Administrative Agent in its sole discretion based upon the total assets, cashflow and liabilities of EPPG and upon the value of Proved Reserves attributable to the Borrowing Base Properties of EPPG by the Administrative Agent in its sole discretion, and will be determined by the Administrative Agent in accordance with paragraph (d) of this subsection 4.9, subject to approval by Required Lenders or all of the Lenders, as the case may be.

  • There are no “back-in” or “reversionary” interests held by third parties which could materially reduce the interest of EPPG in such Borrowing Base Properties except as expressly set forth in such Reserve Report.

  • If, subsequent to the Closing Date, EPPG acquires any Properties that are proposed to be Borrowing Base Properties, it shall promptly execute and deliver to the Administrative Agent Mortgages or amendments to Mortgages presently in force granting security interests and Liens to the Administrative Agent, for the ratable benefit of the Secured Parties, in such Properties.

  • Permit EPPG to enter into with any Person any agreement, other than this Agreement, which prohibits or limits the ability of EPPG to create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired.

  • Within fifteen (15) Business Days following the Closing Date, EPPG shall have furnished to the Administrative Agent title documents reasonably satisfactory to the Administrative Agent with respect to the title and Lien status of at least 50% of the PV-10 Value of the Borrowing Base Properties.

  • At least thirty (30) days prior to the incurrence of Subordinated Indebtedness by EPPG, EPC shall so notify the Administrative Agent.

  • EPPG is entitled to receive a decimal share of all Hydrocarbons produced from, or allocated to, each Borrowing Base Property equal to not less than the net revenue interest set forth in the most recent Reserve Report with respect to such Borrowing Base Property.

  • The Administrative Agent shall have received (with the number of original counterparts requested by the Administrative Agent), a certificate of EPC and the general partner of EPPG, dated the Closing Date, as to the incumbency and signature of the officers of such Person executing any Loan Document reasonably satisfactory in form and substance to the Administrative Agent, executed by the President or any Vice President and the Secretary or any Assistant Secretary of such Person.

Related to EPPG

  • 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).

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.