Examples of Marathon Canada in a sentence
No transfer by Marathon Canada of any Receivable under the Transfer Agreement or by Originator of any Receivable hereunder is or may be voidable as a fraudulent transfer under Section 547 of the Federal Bankruptcy Code or a voidable preference under Section 548 of the Federal Bankruptcy Code.
Originator will, and will require Marathon Canada to, perform each of their respective obligations and undertakings under and pursuant to the Transfer Agreement, will acquire Receivables thereunder in compliance with the terms thereof and will enforce the rights and remedies accorded to MPC LP and to Buyer (by assignment from MPC LP hereunder) under the Transfer Agreement.
With respect to any Receivable purchased by Originator from Marathon Canada, such sale shall be effected under, and in compliance with the terms of, the Transfer Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to Marathon Canada in respect of the purchase price for such Receivable.
Results of operations include the operations of Marathon Canada Limited, formerly known as Tarragon, commencing August 12, 1998.
Originator will not designate the “Termination Date” (as defined in the Transfer Agreement), or send any written notice to Marathon Canada in respect thereof, without the prior written consent of Buyer, the Administrative Agent and the Required Managing Agents, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Transfer Agreement.
The effectiveness of the amendment and restatement of the Original RPA as set forth in this Agreement and the initial Credit Event hereunder are subject to the conditions precedent that: (a) the Administrative Agent and the Managing Agents shall have received those documents listed on Schedule B-II and (b) Marathon Canada shall have marked its books and records in accordance with Section 4.1(e) of the Transfer Agreement.
Marathon Canada Limited and Marathon Oil Co., counterdefendants (No. 0201-07692, Queen's Bench of Alberta, Judicial District of Calgary).
Delaware *Johnston County Terminal, LLC Delaware *Kenai Kachemak Pipeline, LLC Alaska *Kenai LNG Corporation Delaware Kenai Nikiski Pipeline LLC Delaware *LOCAP LLC Delaware *LOOP LLC Delaware Mannheim Terminal and Warehousing Service Company Illinois Marathon Alaska Natural Gas Company Delaware Marathon Cameroon Limited Cayman Islands Marathon Canada Holdings Limited Nova Scotia Canada Marathon Canada Marketing, Ltd.
By its signature hereto, the Administrative Agent and each Managing Agent consents to the terms of (1) the Amended and Restated Receivables Sale Agreement of even date herewith between MPC LP, as seller and the Seller, as buyer, (2) the Amended and Restated Performance Undertaking of even date herewith by Marathon in favor of the Seller and (3) the Receivables Transfer Agreement of even date herewith between Marathon Canada, as seller and MPC LP, as buyer.
Enron Canada seeks its mark-to-market loses in the amount of CAD $93.7 million from Marathon Canada Limited and CAD $21.9 million from Marathon Oil Co. as well as setoff.