Examples of Remora in a sentence
The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are: Remora Petroleum, L.P. (4348); Remora Petroleum GP, LLC (4291); Remora Operating CA, LLC (1853); Remora Operating, LLC (7595); and Remora Operating Louisiana, LLC (0662).
The Company is party to a joint venture agreement with Columbus Energy Sucursal Colombia (“Columbus”), a wholly owned subsidiary of Remora Energy International, L.P., under which Parex and Columbus each own a 50 percent working interest in the blocks.
On the Effective Date, Equity Interests in Remora CA and Remora LA shall remain issued and unaffected and Reorganized Remora shall continue to own Reorganized Remora CA and Reorganized Remora LA provided that Holders of such Equity Interests shall not receive any Plan Distributions or retain any other property or interest in property on account of their respective Equity Interests in any of the Debtors.
On the Effective Date, Equity Interests in Remora and Remora GP shall remain issued and unaffected, provided that Holders of such Equity Interests shall not receive any Plan Distributions or retain any other property or interest in property on account of their respective Equity Interests in any of the Debtors unless all Allowed Claims are paid in full.
Reorganized Remora Operating shall enter into all Exit Loan Documents comprising the Exit Facility.
The obligations incurred by Reorganized Remora Operating pursuant to the Exit Loan Documents and related documents shall be secured and paid or otherwise satisfied pursuant to, and as set forth in, the Exit Loan Documents and related documents.
On the Effective Date, or as soon thereafter as reasonably practical, subject to the terms and conditions of the Restructuring Transactions, Reorganized Remora CA and Reorganized Remora LA shall continue to be owned by Reorganized Remora.
On the Effective Date, the Wind Down Representative shall be appointed and have full authority to oversee the wind down of Reorganized Remora, Reorganized Remora GP, Reorganized Remora LA, and Reorganized Remora CA.
On the Effective Date, the Debtors, at the option of the DIP Agent, acting at the direction of the DIP Required Lenders, shall: (a) repay or refinance all DIP Claims in full via the Exit Facility; (b) roll the DIP Claims into the Exit Facility; or (c) satisfy the DIP Claims with New Equity Interests of Reorganized Remora Operating in a percentage agreed to by the DIP Agent and First Lien Agent and to be issued Pro Rata to the DIP Lenders.
Those calculations do not take into consideration the possible limitation of flow within the risk group due to limited capacity trough Switzerland.