Seitel definition
Examples of Seitel in a sentence
Each such stock certificate shall bear the following legend: The transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including forfeiture and restrictions against transfer) contained in the restricted stock agreement entered into between the registered owner of such shares and Seitel, Inc.
In acquiring the Stock, neither the Partnership nor its partners are offering or selling, nor will offer or sell, for Seitel or DDD in connection with any distribution of the Stock, and neither the Partnership nor any partner therein has a participation or will participate in any such undertaking or in any underwriting of such an undertaking, except in compliance with applicable federal and state securities laws.
The Partnership further represents that it and its partners have had an opportunity to ask questions of and receive answers from Seitel regarding Seitel and its business, assets, results of operations and financial condition and the terms and conditions of the issuance of the Stock.
Seitel has granted certain registration rights to the Partnership (which may be transferred to its partners upon distribution of such Stock to the partners) as set forth in a Registration Rights Agreement effective as of the date hereof.
By letter dated July 22, 2008, Seitel agreed to pool their overriding royalty interest in the CPA, giving them a 0.5% in the CPA and a 1% in the redacted Lease outside the CPA.
A 1% overriding royalty interest in favor of Seitel Data, Ltd proportionately reduced amongst the participating parties in the CPA and/or Redacted Lease outside the CPA.
To the extent that such common projects are performed by Seitel and Seitel cannot ascertain the precise amount of time spent in providing services to a particular party, its fees and expenses (the amount of which shall be determined under the Administrative Services Agreement) shall be apportioned on an equitable basis between Seitel and Eagle.
Except as otherwise provided in this Agreement, unless requested by Eagle and agreed to by Seitel, or unless initiated by Seitel and agreed to by Eagle, Seitel shall not be responsible for employee benefits matters including, but not limited to, Filings, on behalf of Eagle's employees, former employees, or their beneficiaries.
The parties hereto expressly agree that in the event of a redemption by the Company of VOG's Interest in the Company, then all rights to operatorship shall vest exclusively in the Company and the Company shall remain the sole owner of any license acquired from Seitel with respect to the Welder Lands.
Eagle shall supply to Seitel within sixty (60) days of a request from Seitel all information reasonably requested by Seitel to undertake discrimination testing under Sections 401(a)(4), 401(k), 401(m), and 410(b) of the Code (or other applicable sections of the Code) for the portion of 1997 during which the parties were members of a controlled group of corporations within the meaning of Section 414(b) of the Code.