CRZO » Topics » Investments, Loans, Advances, Guarantees and Acquisitions.

This excerpt taken from the CRZO 8-K filed Nov 4, 2008.
Investments, Loans, Advances, Guarantees and Acquisitions.  Section 7.05 of the Credit Agreement shall be and it hereby is amended by adding a new clause (r) immediately following clause (q) to read as follows:
 
(r)           investments by the Borrower or any of its Restricted Subsidiaries consisting of profit interests in Avista JV Partner acquired in connection with the Marcellus Joint Venture and investments received by the Borrower or any of its Restricted Subsidiaries in exchange for such profit interests in connection with a merger, conversion, consolidation or other combination of Avista JV Partner with another Person.
 
1.25    
This excerpt taken from the CRZO 8-K filed Jul 11, 2008.
Investments, Loans, Advances, Guarantees and Acquisitions.  Section 7.05 of the Credit Agreement shall be and it hereby is amended by adding a new paragraph following clause (q) to read as follows:
 
The amount of any investment made pursuant to clauses (o), (p) and (q) of this Section 7.05 shall be the original cost of such investment plus the cost of all additions thereto, minus the amount of any portion of such investment repaid to the Person making such investment as a dividend, repayment of loan or advance, return of capital or transfer of property, as the case may be, but without any other adjustments for increases or decreases in value, or write-ups, write-downs or
 

 
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 write-offs with respect to such investment or interest earned on such investment.  In determining the amount of any investment involving a transfer of property other than cash, such property shall be valued at its fair market value at the time of such transfer; provided that in the case of investments involving a transfer of property other than cash that are repaid to the Person making such investment as a transfer of property, such property at the time of repayment shall be valued at its fair market value at the time such property was initially transferred by the Person making such investment.
 

EXCERPTS ON THIS PAGE:

8-K
Nov 4, 2008
8-K
Jul 11, 2008
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