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.
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.
Such fifteen day time period, includes five business days in which Bluff Creek makes available to NYTEX the relevant data for NYTEX to verify historical revenues and lease operating expenses for the leases to be acquired, and if the lease operating costs exceed an average of $10,000 per month, NYTEX will revise its offer price accordingly.
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.
NYTEX plans to work out a mutually agreeable plan where Bluff Creek is contracted for certain administrative services such as invoicing, production reporting, RRC filing reporting and permitting.
NYTEX would also like to contract Mr. Vogler for part time consulting services (operations, production maintenance) at a mutually agreeable consulting rate for the 90 day initial ‘transition’ period, and can be extended to a longer term as agreed upon by both parties.
Vogler shall have the first right of refusal to purchase the leases should NYTEX, its successors or assigns ever elect to offer the leases for sale at any time in the future, so long as any of the leases have an open wellbore.
The plan must be 4 operated as an accounts-type plan that permits persons to save 5 for qualified disability expenses incurred by or on behalf of 6 an eligible individual.
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.