OEDC definition
Examples of OEDC in a sentence
As used herein, the term "Expiration Date" shall mean the earliest to occur of (i) the date on which Titan and OEDC mutually consent to terminate this Agreement in writing, (ii) consummation of the transactions contemplated by the Merger Agreement, or (iii) prior to the consummation of the transactions contemplated by the Merger Agreement, the termination of the Merger Agreement pursuant to its terms.
Stockholder agrees that any shares of capital stock of OEDC that Stockholder purchases or with respect to which Stockholder otherwise acquires beneficial ownership after the execution of this Voting Agreement and prior to the Expiration Date ("New Shares") shall be subject to the terms and conditions of this Voting Agreement to the same extent as if such shares were owned as of the date hereof.
Upon the terms and subject to the conditions contained in this Agreement, on the First Closing Date, following the Reorganized TCEH Spin-Off, each of the Reorganized Company, Reorganized EFIH, Oncor (pursuant to the Oncor Letter Agreement), Parent, OEDC (as defined below) (at the direction of Parent) and an Affiliate (as defined below) of ▇▇▇▇ (at the direction of Parent) shall consummate the steps to be carried out by them pursuant to the IPO Conversion Plan.
The NGP Owners propose to exchange common units of limited partnership interests in OEDC Partners, L.P., a Texas limited partnership, for shares of Common Stock.
If Amoco and OEDC agree, the 25% interest may be increased prior to the drilling of the first well on the OEDC Prospect.
Between the date of this Agreement and the Expiration Date, Stockholder will not, and will not permit any entity under Stockholder's control to, deposit any shares of OEDC capital stock held by Stockholder or such entity in a voting trust or subject any shares of OEDC capital stock held by such Stockholder or such entity to any arrangement or agreement with respect to the voting of such shares of capital stock, other than agreements entered into with Titan.
Kiesewetter Vice President OEDC PARTNERS, L.P. By: OEDC, Inc., its General Partner By: _______________________________ Douglas H.
Immediately after the Non-owned Leases are acquired by OEDC or Amoco, as the case may be, the owner of such Non-owned Leases shall assign to the other party 50% of all of its interest in such Non-owned Leases.
Amoco and OEDC shall each bear 50% of the cost of drilling any OEDC Prospect that contains all or any Non-owned Leases.
If leases are to be acquired, OEDC and Amoco shall determine which entity shall negotiate for the joint acquisition of the Non-owned Leases and they shall remain in contact throughout the lease acquisition process and determine allocation of responsibilities as they arise.