Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on business in any jurisdiction other than the United States or Canada.
Appears in 10 contracts
Samples: Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on business in any jurisdiction other than the United States or CanadaStates.
Appears in 8 contracts
Samples: Credit Agreement (Callon Petroleum Co), Security Agreement (Callon Petroleum Co), Subordinated Credit Agreement (Crusader Energy Group Inc.)
Change of business. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Restricted Subsidiary operate or carry on business in any jurisdiction other than the United States or CanadaStates, including the Gulf of Mexico.
Appears in 6 contracts
Samples: Credit Agreement (Silver Run Acquisition Corp II), Senior Secured Term Loan Agreement (Alta Mesa Holdings, LP), Credit Agreement (Alta Mesa Holdings, LP)
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on any business in any jurisdiction other than the United States or CanadaStates, including the Gulf of Mexico.
Appears in 4 contracts
Samples: Pledge Agreement (Cano Petroleum, Inc), Security Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc)
Change of business. The No Borrower shall, and no Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production companycompany and operations incidental thereto, nor will the any Borrower or any Subsidiary of its Subsidiaries operate or carry on business in any jurisdiction other than the United States or CanadaStates.
Appears in 3 contracts
Samples: Secured Credit Agreement (Red Mountain Resources, Inc.), Secured Credit Agreement (Cross Border Resources, Inc.), Secured Credit Agreement (Cross Border Resources, Inc.)
Change of business. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, make any material materially change in the character of its their business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on company and business in any jurisdiction other than the United States or Canadasubstantially related thereto.
Appears in 2 contracts
Samples: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp)
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on business in any jurisdiction other than the United States or CanadaStates, including the Gulf of Mexico.
Appears in 2 contracts
Samples: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)
Change of business. The No Borrower shall notshall, nor shall it any Borrower permit any of its Subsidiaries to, discontinue its usual business or make any material change in the character of its business as an independent oil and gas exploration and production company. No Borrower shall, nor will the shall any Borrower or permit any Subsidiary of its Subsidiaries to, operate or carry on business in any jurisdiction other than the United States or CanadaStates.
Appears in 2 contracts
Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Contango Oil & Gas Co)
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in or the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary Joint Venture to operate or carry on business in any jurisdiction other than the United States States, nor will the Borrower or Canadaany Subsidiary or the Joint Venture make any material change in the character of its business as (a) an independent oil and gas exploration and production company, and (b) in the case of the Borrower, as an owner of Equity Interests in the Joint Venture.
Appears in 2 contracts
Samples: Credit Agreement (MorningStar Partners, L.P.), Credit Agreement (TXO Partners, L.P.)
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on any material business in any jurisdiction other than the United States or CanadaStates, including the Gulf of Mexico.
Appears in 1 contract
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any Subsidiary operate or carry on business in any jurisdiction other than the United States or Canada.States, including the Gulf of Mexico. Section 6.11
Appears in 1 contract
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries (other than Foreign Subsidiaries) to, make any material change in the character of its business as an independent oil and gas exploration and production company, nor will the Borrower or any such Subsidiary operate or carry on business in any jurisdiction other than the United States or CanadaStates, including the Gulf of Mexico.
Appears in 1 contract
Change of business. The Borrower shall not, nor shall it permit any of its Subsidiaries to, make any material change in the character of its business as an independent oil and gas exploration and production companycompany or oil field service provider, nor will the Borrower or any Subsidiary operate or carry on business in any jurisdiction other than the United States or Canada.
Appears in 1 contract
Samples: Credit Agreement (Isramco Inc)
