Arkoma Assets definition

Arkoma Assets means the “Assets” as defined in the EP Acquisition Agreement including, without limitation, the Oil and Gas Properties listed on Exhibits A-1 and A-2 of the EP Acquisition Agreement, in each case to the extent located in the States of Arkansas or Oklahoma.
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Arkoma Assets means the oil and gas properties located in North Dakota and Montana evaluated in the Initial Reserve Report to be acquired by the Borrower or one of its Restricted Subsidiaries pursuant to the Contribution Agreement.
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Arkoma Assets means that portion of Transferred Assets constituting Oil and Gas Properties held, directly or indirectly, by ATLS on the Merger Signing Date identified to the Arranger as the “Arkoma Assets” prior to the date of the Fee Letter.
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Examples of Arkoma Assets in a sentence

  • The aggregate Allocated Value of the Arkoma Assets is $66,538,467, and such amount is the portion of the Base Purchase Price allocable to the Arkoma Assets (the “Arkoma Base Purchase Price”).

  • Assignor hereby agrees not to waive any rights arising under the Purchase Agreement relating to the Arkoma Assets or Arkoma Obligations without the prior written consent of Assignee, not to be unreasonably withheld, to the extent such waiver would reasonably be expected to materially affect Assignee’s rights to the Arkoma Assets or Assignee’s obligations in respect of the Arkoma Obligations.

  • The parties hereby acknowledge that the purpose of the indemnification pursuant to this Section 12 shall be to cause Assignor to be as closely as possible to the same position as it would have been in had Assignee directly entered into an agreement with Seller, to which Assignor was not a party, for the purchase of the Arkoma Assets and assumption of the Arkoma Liabilities.

  • The Arkoma Assets shall include data and records of the Seller referred to in Section 2.1(g) of the Purchase Agreement, to the extent relating to the Arkoma Assets, and excluding data and records relating to all other Assets.

  • Unless, due to reductions contemplated by the Purchase Agreement, the aggregate purchase price to be paid by Assignor at Closing for the Assets other than the Arkoma Assets is to be $600 million or less, (1) the parties will not agree to rescind or void this Assignment and Assumption, and (2) for at least one year after Closing, Assignee shall not transfer any of the Arkoma Assets or Arkoma Liabilities to Assignor or any subsidiary thereof.

  • In addition, the banks made no adjustment to the borrowing base for the sale of Legacy Forest’s Arkoma Assets on the day before the closing, which was a sale planned for by Legacy Sabine and First Reserve.

  • Hedge Positions • In connection with its acquisition of the Arkoma Assets, ATLS entered into direct natural gas hedge positions during the second quarter 2013 and currently has approximately 9.1 Bcf of its future production hedged through 2018, including an average floor price of over $4.39 per thousand cubic feet (“mcf”) through 2018.

  • In short, consummating the sale of the Arkoma Assets prior to the Combination and Financing, but using the proceeds only after the New RBL Facility was in place, caused the New RBL Facility borrowing base to be inflated deliberately and artificially.

  • As a result, the lenders under the New RBL Facility received the Arkoma Proceeds and were the beneficiaries of the Arkoma Assets sale.

  • Represents the adjustments to the historical condensed consolidated financial statements necessary to arrive at the pro forma financial position of Forest as of September 30, 2014, as if the sale of the Arkoma Assets occurred as of September 30, 2014, and the pro forma results of operations of Forest for the nine months ended September 30, 2014 and the year ended December 31, 2013, as if the sales of the Assets occurred as of January 1, 2013.


More Definitions of Arkoma Assets

Arkoma Assets means that portion of the Acquired Assets previously identified to the Arrangers as the “Arkoma Assets”.
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Related to Arkoma 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).

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

  • Subject Assets is defined in Section 2.2(c).

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

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

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

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

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

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

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

  • 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.

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

  • 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.

  • Sold Assets has the meaning set forth in Section 2.01(b).

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

  • Aggregated Assets for a particular Strategy shall mean the assets of all registered investment companies managed by the Adviser that are managed by the Sub-Adviser pursuant to that Strategy, including Portfolio Assets.

  • 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).

  • 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.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • 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;

  • 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;

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • 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”).