Subsequently Acquired Property definition

Subsequently Acquired Property means assets acquired directly or indirectly by the Company after the date of the Closing.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Subsequently Acquired Property means assets acquired directly or indirectly by the Company after the Amendment Effective Date.

Examples of Subsequently Acquired Property in a sentence

• Subsequently Acquired Property is all property that is not Historic Property or the proceeds of Historic Property.

• For purposes of this Agreement, a Post-Effective Date Commitment is defined as an instance where (i) Producer acquires well(s), oil, gas and mineral leases, gas reserves, or producing properties however characterized ("Subsequently Acquired Properties") subsequent to the Effective Date; and (ii) contractual arrangements in place at the time of Producer's acquisition prohibit Producer from selling all or a portion of the gas produced from the Subsequently Acquired Property to Dynegy under this Agreement.

• For purposes of this Agreement, a Post-Effective Date Commitment is defined as an instance where (i) CUSA acquires well(s), oil, gas and mineral leases, gas reserves, or producing properties however characterized ("Subsequently Acquired Properties") subsequent to the Effective Date; and (ii) contractual arrangements in place at the time of CUSA's acquisition prohibit CUSA from selling all or a portion of the gas produced from the Subsequently Acquired Property to NGC under this Agreement.