Hess Settlement Condition

Hess Settlement Condition. The settlement by the Company of its dispute with Hess Corporation and certain of its Affiliates in accordance with the terms of the Hess Heads of Agreement (as defined in the First Amendment) pursuant to documentation in form and substance reasonably satisfactory to the Required Holders, and the receipt by the holders of the Senior Notes of (a) prepayment of the Senior Notes in an aggregate principal amount equal to $33,000,000 and (b) a prepayment fee in the aggregate amount of $3,500,000,... all as contemplated by the First Amendment. View More