Tarragon definition
Examples of Tarragon in a sentence
Witnessed: By: Tarragon Corporation, manager By: By: Name: Name: Title: By: Name: STATE OF NEW YORK ) ) ss.: COUNTY OF NEW YORK ) The foregoing instrument was acknowledged before me on , by , the of , the of , a .
As promptly as practicable after execution of this Agreement, Tarragon, in consultation with Marathon and taking into account Marathon's comments thereon, shall, prepare a management information circular (the "Information Circular"), with respect to the Tarragon Meeting.
Tarragon is insured with reputable insurers against all risks normally insured against in accordance with generally prevailing practices in the oil and gas industry.
All information relating to Tarragon and the Tarragon Subsidiaries in the Information Circular shall be, as of the earlier of the date it purports to be given and the date of the Information Circular, true and complete in all material respects and shall not contain any Misrepresentation.
Tarragon Corporation may at any time form a special-purpose wholly owned subsidiary for the purpose of holding the Common Units issuable to it by the New Company hereunder (the “Tarragon SPE”), and thereafter, the obligations of Tarragon Corporation hereunder may be performed by Tarragon SPE.
Notwithstanding Section 11.6, Tarragon hereby acknowledges that, in the event of a breach by Tarragon of Section 8.1(c)(viii) or 8.1(o), Marathon may be without an adequate remedy at law.
To Tarragon’s knowledge, none of the Tarragon Companies is in material default in the performance of its obligations under any of the Tarragon Leases (or any agreements incorporated therein by reference) and there are no circumstances which, with the passage of time or the giving of notice, or both, would constitute an event of default by landlord under any of the Tarragon Leases.
Prior to and at all times following the date of this Agreement, Tarragon agrees to execute and deliver, or to cause to be executed and delivered, such documents and to do, or cause to be done, such other acts and things as might reasonably be requested by the PNC to assure that the benefits of this Agreement are realized by the parties.
In addition, the Holder Consent shall provide that Holder shall release Tarragon Corporation from its obligations under that certain Amended and Restated Payment and Performance Guaranty dated as of October 10, 2006 (as the same may be amended, the “Tarragon Guaranty”) on a pro-rata basis as Purchaser prepays the Existing Loans.
Subject to the full and complete performance of Tarragon’s obligations under this Agreement, and subject to the terms and conditions of Section 9 below, PNC covenants not to s▇▇ Tarragon with respect to Tarragon’s defaults under the Loan Documents during the ninety-five (95) day period following the Settlement Date.