Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.
Offering Memorandum means the final Offering Memorandum of the Issuer, dated May 25, 2021, with respect to the Initial Notes offered thereunder to the Initial Purchasers.
Officer means, with respect to any Person, the Chairman of the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary or any Vice-President of such Person (or, if such Person is a limited partnership, the general partner of such Person).
Officers Certificate means, with respect to any Person, a certificate signed on behalf of such Person by any two of its Officers, one of whom must be the principal executive officer, the principal financial officer or the principal accounting officer of such Person that meets the requirements of Section 12.05 hereof.
OID Legend means the legend set forth in Section 2.06(g)(3) hereof to be placed on all Notes issued under this Indenture that have more than a de minimis amount of original issue discount for U.S. Federal income tax purposes.
Opinion of Counsel means an opinion from legal counsel that meets the requirements of Section 12.05 hereof. The counsel may be an employee of or counsel to the Issuer or its Subsidiaries.
Opinion of Outside Counsel means an opinion from legal counsel that meets the requirements of Section 12.05 hereof. The counsel may be an employee of or counsel to the Trustee but not an employee of the Issuer or an Affiliate thereof.
Permitted Business means (1) gathering, transporting, treating, processing, dehydrating, separating, compressing, blending, fractionating, marketing, purchasing, selling, producing, distributing, terminalling, storing, capturing, utilizing, sequestering or otherwise handling Hydrocarbons, renewable Hydrocarbons, renewable fuels, hydrogen or carbon dioxide or other gasses, (2) collecting, impounding, storing, treating, transporting, distributing, disposing or otherwise handling fresh water or waste water, (3) mining, excavating, producing, processing, storing or transporting sand, (4) carbon-reducing technologies or clean, renewable or alternative energy businesses or technologies, (5) any business conducted or proposed to be conducted by the Issuer or any Restricted Subsidiary on the Issue Date, (6) any other business that generates gross income that constitutes qualifying income under Section 7704(d) of the Internal Revenue Code of 1986, as amended, (7) any business, activity or service that is, in the reasonable judgment of the Issuer, similar, reasonably related, incidental or ancillary to the foregoing or extensions, developments or expansions thereof or (8) entering into Hedging Obligations to support the foregoing.