Compression Units definition
Examples of Compression Units in a sentence
Notwithstanding the foregoing, there shall be no limitation on the number or frequency of Inventory, Treating Assets (if the Borrower elects to include such Treating Assets in such appraisal) and Compression Units appraisals conducted by such independent appraisal firm if a Specified Event of Default has occurred and is continuing and Loan Parties shall be responsible for the reasonable costs and expenses of all such appraisals conducted while a Specified Event of Default has occurred and is continuing.
The Administrative Agent shall have received an appraisal of the Borrower’s and the Subsidiary Guarantors’ Compression Units and other applicable equipment from an Approved Appraiser at the cost of the Borrower, which appraisal shall be satisfactory to the Administrative Agent in its reasonable discretion.