Tanos definition
Examples of Tanos in a sentence
Any other amounts to be paid by Buyer to the Sellers under this Agreement shall likewise be paid 50% to Tanos and 50% to WildHorse.
Employees shall bid on shift assignments at least (2) two months prior to the start of the bid.
The Company Interests consist of a 50% membership interest owned by Tanos and a 50% membership interest owned by WildHorse.
Seller Parties: Tanos Energy, LLC ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇ ▇▇▇▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ WildHorse Resources, LLC ▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ and Memorial Resource Development LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 2100 Houston, TX 77010 Attention: ▇▇▇▇ ▇.
Simultaneously with the Closing (a) Seller shall have received all necessary consents and lien releases and/or terminations with respect to the Company Interests, the Tanos Holding Interests, the Tanos Exploration Interests and the Tanos Midstream Interests and all mortgages and security interests relating to the Assets under the Seller Credit Facility and (b) the Company shall have received all necessary consents with respect to the Company Derivatives (at Seller’s expense).
The Company is the record and beneficial owner of all of the Tanos Holdings Interests, Tanos Exploration Interests and Tanos Midstream Interests, free and clear of all liens and encumbrances other than those arising under the Seller Credit Facility.
Each of Tanos Holdings, Tanos Exploration and Tanos Midstream is, and has at all times since its formation been, properly treated as “disregarded as an entity separate from its owner” for U.S. federal income tax purposes.
Seller owns all of the issued and outstanding membership interests (including any options, warrants, other rights to purchase equity, incentive rights or participation in profits or appreciation in value) (the “Company Interests”) in Tanos Energy, LLC, a Delaware limited liability company (the “Company”).