Examples of NYTEX in a sentence
ASSIGNOR: /s/ Kevin Audrain Kevin Audrain d/b/a Drain Oil Company /s/ Lori Audrain Lori Audrain d/b/a Drain Oil Company ASSIGNEE: NYTEX PETROLEUM, INC.
The undersigned, who are the Chief Executive Officer and Chief Financial Officer of NYTEX Energy Holdings, Inc.
Upon mutual agreement and execution by both parties of this Purchase Offer, NYTEX will begin a due diligence period during which Bluff Creek will make available its accounting books, production and workover records, title opinions and leases to NYTEX at mutually agreeable times at the offices of Bluff Creek Petroleum..
Sincerely, NATIONAL SECURITIES CORPORATION By: /s/ Xxxxx Xxxxxxxx Xxxxx Xxxxxxxx Managing Director, Head of Investment Banking Agreed to and Accepted this 5 day of August, 2009 NYTEX HOLDINGS INC.
Within fifteen business days of both parties signing this Purchase Offer, and upon NYTEX’s confirmation of lease operating costs for the leases to be acquired averaging $10,000 per month or less, NYTEX will pay a $50,000 cash payment as earnest money to Bluff Creek which shall count toward the $5,000,000 total purchase price.
In further consideration of allowing me to participate in NYTEX Summer Sports Camp activities at The Centre, I hereby agree to submit to binding arbitration any and all claims which I believe I may have against The Centre arising from my activities at The Centre.
This Letter of Intent is tied to a given NYMEX (Plains Marketing, LP) WTI spot price as a basis ($64.75 on 9/14/09) — if there is any variance over 10% plus or minus this basis price, then either Bluff Creek or NYTEX has the option & right to re-evaluate this Contract offer price for the 11 oil leases.
Control Transaction Consideration NYTEX — National Securities Agreement 8-04-09 Page 4 shall also be deemed to include any indebtedness, including, without limitation, pension liabilities, guarantees and other obligations assumed, directly or indirectly, in connection with, or which survives the closing of, a transaction.
At closing NYTEX will pay a cash payment to Bluff Creek Petroleum LLC of $5,000,000.
If for some reason during the due diligence process an incurable title defect is discovered after NYTEX has delivered the earnest money described in Paragraph 5 above, Bluff Creek will return the earnest money to NYTEX.