Examples of Existing Xxxxx in a sentence
The “Project” shall mean the Existing Xxxxx as shown on Exhibit “A”, and the development of the Project Area (occasionally referred to as the “Greater Paradigm Project Area”, which encompasses all of the Boomtown, North Paradigm, South Paradigm and Paradox Project Areas) by the drilling of New Xxxxx.
Representations and Warranties: Same as Existing Xxxxx Facility with a 20% cushion for materiality levels where applicable.
Nothing contained herein shall give to the Lender, directly or indirectly, rights to control or direct the management of the Borrower or any of subsidiary of Borrower prior to the earlier to occur of the irrevocable payment in full in cash of the Existing Xxxxx Facility (and termination of commitments thereunder) and closing of the Merger.
Same as Existing Xxxxx Facility with a 20% cushion for baskets and materiality levels where applicable.
Exhibit A * Description of Leases Exhibit B * General Outline of Contract Area Exhibit C * Form of Operating Agreement Exhibit D * Form of Well AFEs Exhibit E * Form of Assignment Exhibit F * Existing Xxxxx Schedule 5.1 (c) * Required Filings Schedule 5.2 (e) * Working Interests; Net Revenue Interests Schedule 5.2 (f) * Insurance * A copy of any omitted schedule will be furnished supplementally to the Commission upon request.
The operation of each Existing Well shall be governed by the terms of an Operating Agreement in the form attached hereto as Exhibit “B” (the “Operating Agreement”), which shall supersede any prior Operating Agreements or the Existing Xxxxx in any of the Project Area in xxxxx operated by NDL in which Participants own an interest.
Borrower’s Liquidity (as defined in the Existing Xxxxx Facility) shall not be less than $20,000,000; provided that if loans have been advanced under the Credit Facility, Borrower’s Liquidity (as defined in the Existing Xxxxx Facility) shall not be less than $30,000,000.
Exhibit A * Description of Leases Exhibit B-1 * Outline of Original Contract Area Exhibit B-2 * Outline of Program Area Exhibit C * Form of Operating Agreement Exhibit D * Form of Well AFEs Exhibit E * Form of Assignment Exhibit F * Existing Xxxxx Schedule 5.1 (c) * Required Filings Schedule 5.2 (e) * Working Interest; Net Revenue Interests Schedule 5.2 (f) * Insurance * A copy of any omitted scheduled will be furnished supplementally to the Commission upon request.
At any time prior to the termination of the Existing Xxxxx Facility, no Qualified Cash included in the Borrowing Base and thereby included in the calculation of Excess Availability shall be otherwise included as Qualified Cash for purposes of determining Liquidity.
Said assignment, transfer and conveyance shall expressly exclude the CED Existing Xxxxx (as that term is defined in the Cotenancy Agreement), title to which shall remain in CED.