MEPO definition

MEPO means May Energy Partners Operating Partnership LTD., a Texas limited partnership, and its successors. "Mortgaged Property" means the Property owned by or in which HEC or any of its Subsidiaries owns an undivided interest and which is subject to the Liens, privileges, priorities and security interests existing under the terms of the Collateral Documents. "Moody's" means Moody's Investors S▇▇▇▇▇▇, Inc., a▇▇ ▇▇▇ successors. "Multiemployer Plan" means at any time an employee pension benefit plan within the meaning of Section 4001(a)(3) of ERISA to which any member of the Controlled Group is then making or accruing an obligation to make contributions or has within the preceding five plan years made contributions, including for these purposes any Person which ceased to be a member of the Controlled Group during such five year period. "Nominee" means EM Nominee Partnership Company, a Colorado general partnership, and its successors. "Notes" means promissory notes of the Borrowers, substantially in the form of Exhibit A hereto, evidencing the obligation of the Borrowers to repay the Loans, together with any and all renewals, extensions for any period, increases or rearrangements thereof, and "Note" means any one of such promissory notes issued hereunder. "Obligor" means the Borrowers and each Subsidiary of HEC party from time to time to the Guaranty Agreement. "Original Agreement" means the Original HEC Agreement or the Original HCRC Agreement, as the context may require, and "Original Agreements" means both of them.

Related to MEPO

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