Viking Assets definition

Viking Assets means the light-oil weighted, Viking-focused assets located across 300,000 net acres of high working interest acreage in the Consort and Esther areas of southeast Alberta and the Milton and Hoosier areas of southwest Saskatchewan, which were acquired through the Viking Acquisition;
Viking Assets means the assets located in the Viking play at Dodsland, Saskatchewan, acquired from Polar Star Canadian Oil and Gas Inc.
Viking Assets means all of the property, assets and undertaking of Viking of whatsoever nature or kind, present and future, and wheresoever located, including the shares, units, notes, royalties or other interests in the capital of or granted by Viking's direct Subsidiaries and any rights to purchase assets, properties or undertakings of third parties under agreements to purchase that have not yet closed, if any, and whether or not reflected on the books of Viking (other than one (1) Harvest Unit), but excluding, in all cases, an amount that Viking may be required to pay to Dissenting Unitholders pursuant to Article 4 hereof;

Examples of Viking Assets in a sentence

  • Contract FormsTable of Contents A.Contract Agreement11.The Agreement12.Term of Contract Agreement2B.Performance Security3C.Advance Payment Security4A.

  • While the Collateral Commitments did not form part of the Joint Recommendation, the parties did commit to complete their Collateral Commitments provided that the Board approved the sale of the Viking Assets on the terms and conditions as set forth in the Joint Recommendations, which the Board did in Decision 2001-104.

  • Topological Phase Transitions in (Bi1−xInx)2Se3 and (Bi1- xSbx)2Se3.

  • Oil and Natural Gas Properties and Wells The following tables summarize the number of producing and non-producing wells comprising the Viking Assets being acquired, all of which are located in Alberta.

  • As a result of the WIP Acquisition, Investco now holds a 100% interest in the Viking Assets and the Legacy Assets.

  • Even assuming that Pallas and NewLead had intended to sell the Viking Assets together in one package, as might be inferred from the September 8, 2013 emailsbetween Sharma and Zolotas, (dkt.

  • For details on anticipated future development activities, see "Business of the Trust – Our Business – Information Concerning the Viking Assets".


More Definitions of Viking Assets

Viking Assets means the Note Parties’ interests (existing on the Signing Date) in the “Viking Project,” which consists of approximately three thousand five hundred (3,500) net mineral acres of operated Eagle Ford and Austin Chalk producing assets substantially all of which are operated by the Note Parties that are held by production and undeveloped acreage in the Southern Bay and Giddings Austin Chalk fields, located in Lee and Fayette Counties, Texas.
Viking Assets means the Note Parties’ interests (existing on the Signing Date) in the “Viking Project,” which consists of approximately three thousand five hundred (3,500) net mineral acres of operated Eagle Ford and Austin Chalk producing assets substantially all of which are operated by the Note Parties that are held by production and undeveloped acreage in the Southern Bay and Xxxxxxxx Xxxxxx Chalk fields, located in Xxx and Fayette Counties, Texas.
Viking Assets means certain high operated working interests in various oil and gas leases at the Viking- Willingdon field and certain other minor fields and non-operated interests at Judy Creek, Mitsue, Boundary Lake South, Hotchkiss fields in Alberta acquired by Investco and Working Interest Partner pursuant to the Viking Acquisition Agreement;

Related to Viking Assets

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Specified Assets the following property and assets of such Grantor:

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Gross Assets means the total of fixed assets and current assets;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;