STACK Assets definition
STACK Assets means (a) interests in each of ▇▇▇▇ ▇▇▇▇ Finance Services Corp., a Delaware corporation, Oklahoma Energy Acquisitions, LP, a Texas limited partnership, and ▇▇▇▇ ▇▇▇▇ Services, LP, a Texas limited partnership, (b) all assets held by each of the foregoing as of the date hereof and (c) all oil and gas properties acquired by the Partnership or any of its subsidiaries after the date hereof in any of the Designated Counties.
Examples of STACK Assets in a sentence
As further set forth in Article 4, (i) the Class A Partners will be entitled to all distributions and allocations of Net Profit and Net Loss with respect to the STACK Assets and (ii) Class B Partners will be entitled to all distributions and allocations of Net Profit and Net Loss with respect to the Non-STACK Assets.