Common use of Development Projects Clause in Contracts

Development Projects. Nothing contained in the Loan Documents shall prohibit any Pledging Subsidiary from developing any Oil and Gas Properties that do not constitute Collateral.

Appears in 2 contracts

Sources: Credit Agreement (ECA Marcellus Trust I), Credit Agreement (Energy Corp of America)

Development Projects. Nothing contained in the Loan Documents shall --------------------- prohibit any Pledging Subsidiary from developing any Oil and Gas Properties that do not constitute Collateral.

Appears in 1 contract

Sources: Credit Agreement (Energy Corp of America)