Development Finance Agreement - 范本

0 人赞同了该文章

 

DEVELOPMENT FINANCE AGREEMENT

----------------------------------------------------

Harken Energy Corporation

and

EnCap Energy Capital Fund III, L. P.,
EnCap Energy Capital Fund III-B, L. P.,
BOCP Energy Partners, L. P.

and

Energy Capital Investment Company PLC

----------------------------------------------------

October 17, 1997

 

 

全文目录如下:

详细内容见附件

ARTICLE I  
Definitions and References

Section 1.1. Defined Terms

Section 1.2. References and Titles

ARTICLE II  
Advancement of Capital

Section 2.1. Advances

Section 2.2. Use of Proceeds

ARTICLE III  
Net Profits Interest

Section 3.1. Net Profits Interest

Section 3.2. Establishment

Section 3.3. Credits

Section 3.4. Debits

Section 3.5. Additional Account Matters

Section 3.6. Accounting

Section 3.7. Payments

Section 3.8. Overpayments and Underpayments

Section 3.9. Prudent Operator Standard

Section 3.10. Sales of Subject Hydrocarbons

Section 3.11. Insurance

Section 3.12. Contracts with Affiliates

Section 3.13. Government Regulation

Section 3.14. Abandonments

Section 3.15. Pooling and unitization

Section 3.16. Non-consent Operations

Section 3.17. No Personal Liability; Indemnification

Section 3.18. Access to Books and Records

ARTICLE IV
 Investors Exchange

Section 4.1. Exercise of Investors' Option

Section 4.2. Number of Common Shares

Section 4.3. Issuance of Common Shares

Section 4.4. Reduction of Designated Percentage

Section 4.5. Owner's Cash Option

ARTICLE V  Owner Exchange

Section 5.1. Exercise of Owner's Option

Section 5.2. Number of Common Shares

Section 5.3. Amount of Cash

Section 5.4. Issuance of Common Shares and Payment of Cash

Section 5.5. Elimination of Designated Percentage

ARTICLE VI  
Issuance of Additional Common Shares

Section 6.1. Issuance of Additional Shares

Section 6.2. Certain Definitions

ARTICLE VII  
Owner Representations, Warranties and Covenants

Section 7.1. Organization and Corporate Authority

Section 7.2. Qualification to do Business

Section 7.3. Charter, Bylaws, Etc

Section 7.4. Capitalization

Section 7.5. Finders' Fees

Section 7.6. Authority of Owner

Section 7.8. Governmental Consents

Section 7.9. Reports and Financial Statements of Owner

Section 7.10. Disclosure

Section 7.11. Owner's Common Shares

Section 7.12. Association Contracts

Section 7.13. Ownership of Harken Colombia

Section 7.14. Certain Tax Matters

Section 7.15. Absence of Bankruptcy Proceedings

Section 7.16. Offering

Section 7.17. No Defaults

Section 7.18. Litigation

Section 7.19. Compliance with Laws

Section 7.20. Compliance with Environmental Laws

Section 7.21. Harken Colombia Organization and Corporate Authority

Section 7.22. Harken Colombia Qualification to do Business

Section 7.23. Harken Colombia Charter and Bylaws

Section 7.24. Harken Colombia Non-Contravention

Section 7.25. Harken Colombia Governmental Consents

Section 7.26. Harken Colombia Disclosure

Section 7.27. Continuing Representations and Warranties

ARTICLE VIII
 Investors Representations, Warranties and Covenants

Section 8.1. Organization and Partnership or Corporate Authority

Section 8.2. Finders' Fees

Section 8.3. Authority of Investor

Section 8.4. Non-Contravention

Section 8.5. Governmental Consents

Section 8.6. Investment Intent

Section 8.7. Disclosure of Information

Section 8.8. Accredited Investor and Experience

Section 8.9. Restricted Securities

Section 8.10. Legend

Section 8.11. Continuing Representations and Warranties

ARTICLE IX  
Miscellaneous

Section 9.1. Assignment by Harken Colombia

Section 9.2. Assignment by Investors

Section 9.3. Commitment Fees

Section 9.4. Adjustments for Consolidation, Merger, Sale of Assets, Reorganization, etc

Section 9.5. Indemnification

Section 9.6. Public Announcements

Section 9.7. Brokers

Section 9.8. Notices

Section 9.9. Waivers and Amendments

Section 9.10. Governing Law

Section 9.11. Binding Effect; No Assignment; No Third Party Benefit

Section 9.12. Entire Agreement

Section 9.13. Severability

Section 9.14. United States Dollars

Section 9.15. Survival of Representations and Warranties

Section 9.16. Rights as Stockholder

Section 9.17. Counterparts

Section 9.18. Arbitration

Section 9.19. Consent to Jurisdiction

Section 9.20. Guaranty of Owner

Section 9.21. Further Assurances

Section 9.22. No Partnership

Section 9.23. Expenses

 

 

DEVELOPMENT FINANCE AGREEMENT

THIS DEVELOPMENT FINANCE AGREEMENT (this "Agreement") is made as of the 17th day of October, 1997, by and among HARKEN ENERGY CORPORATION, a Delaware corporation (herein called "Owner"), and ENCAP ENERGY CAPITAL FUND III, L. P., a Texas limited partnership, ENCAP ENERGY CAPITAL FUND III-B, L. P., a Texas limited partnership, BOCP ENERGY PARTNERS, L. P., a Texas limited partnership, and ENERGY CAPITAL INVESTMENT COMPANY PLC, an English investment company (herein collectively called "Investors"). In consideration of the mutual covenants and agreements contained herein, the parties hereto hereby agree as follows:

 

ARTICLE I 
Definitions and References

Section 1.1. Defined Terms. As used in this Agreement, each of the following terms has the meaning given it in this Section 1.1 or in the sections or subsections referred to below:

"Account" shall have the meaning assigned to it in Section 3.2.

"Advances" shall have the meaning assigned to it in Section 2.1.

附件:

1.
Development Finance Agreement - Harken Energy Corp., EnCap Energy Capital Fund III LP, EnCap Energy Capital Fund III-B LP, BOCP Energy Part.docx 下载
发布于 2021-12-01 17:11:12
还没有评论
    旗渡客服