Equity Oil definition

Equity Oil means oil forming part of the trading stock of a participator or a person connected with him which has been won by that participator or a person connected with him from a field in the United Kingdom sector of the North Sea.
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Equity Oil means Equity Oil Company, a Colorado corporation.
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Examples of Equity Oil in a sentence

  • Each of the Organizational Trust Agreement and the Trust Agreement has been duly authorized, executed and delivered by Equity Oil Company.

  • Payment Amount - The membership dues required to be entitled to services under the Program is a monthly fee of Fifty Dollars ($50.00) or an annual fee of Five Hundred Dollars ($500.00) for all Members who are employed by the California Department of Corrections and Rehabilitation.

  • To the Knowledge of such Equity Contributor, neither such Equity Contributor nor the Contributed Entities in which such Equity Contributor owns an equity interest has received written notice that any of the Equity Oil and Gas Documents that comprise the Equity Owned Assets of such Contributed Entities are not in full force and effect and do not constitute valid and binding obligations of the parties thereto.

  • WPC owns one hundred percent (100%) of the issued and outstanding common stock in Borrower and Equity Oil.

  • Borrower and Equity Oil are engaged only in the business of acquiring, exploring, developing and operating Mineral Interests and the production, processing and marketing of Hydrocarbons therefrom.

  • As of the Closing Date, (a) WPC has no direct, wholly-owned Subsidiaries other than Borrower and Equity Oil, (b) Borrower has no direct, wholly-owned Subsidiaries other than ▇▇▇▇▇▇▇ Programs, ▇▇▇▇▇▇▇ Transpetco GP and ▇▇▇▇▇▇▇ Transpetco LP, and (c) Equity Oil has no Subsidiaries.

  • Payment and performance of the Obligations shall be fully guaranteed by (a) WPC, and (b) Equity Oil and, prior to any Distributions being permitted to be made to any other Restricted Subsidiary pursuant to terms of Section 10.2(b), such other Restricted Subsidiary, in each case pursuant to a Facility Guaranty, and Borrower shall cause WPC and any such applicable Restricted Subsidiary to execute and deliver to Administrative Agent such Facility Guaranty.

  • The name of Surviving Corporation shall remain "Equity Oil Company".

  • This Agreement, dated as of the 20th day of November, 1997 between Equity Oil Company, ("Equity"), and Clay Newton (the "Exe▇▇▇▇▇▇").

  • Payment and performance of the Obligations shall be fully guaranteed by (a) WPC, and (b) Equity Oil, and (c) within 30 days after the date any Person is designated a Restricted Subsidiary, but prior to any Distributions being permitted to be made to such Person pursuant to Section 10.2(b) hereof, such Restricted Subsidiary, in each case pursuant to a Facility Guaranty, and Borrower shall cause any such applicable Restricted Subsidiary to execute and deliver to Administrative Agent such Facility Guaranty.