Common use of Hedging Contracts Clause in Contracts

Hedging Contracts. Each Restricted Person shall maintain in effect for their full term (and will not sell, assign, transfer, terminate, or novate) all Hedging Contracts that are used by the First Lien Lenders in determining the Borrowing Base from time to time, including all Hedging Contracts in existence on the Closing Date; provided, however, Restricted Persons may terminate Hedging Contracts in connection with a Disposition permitted pursuant to

Appears in 3 contracts

Samples: Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD)

AutoNDA by SimpleDocs

Hedging Contracts. Each Restricted Person shall maintain in effect for their full term (and will not sell, assign, transfer, terminate, or novate) all Hedging Contracts that are used by the First Lien Lenders in determining the Borrowing Base from time to time, including all Hedging Contracts in existence on the Closing Date; provided, however, Restricted Persons may terminate Hedging Contracts in connection with a Disposition permitted pursuant toto Section 7.5(f) and redetermination of the Borrowing Base pursuant to Section 2.8(e).

Appears in 3 contracts

Samples: Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD)

Hedging Contracts. Each Restricted Person shall maintain in effect for their full term (and will not sell, assign, transfer, terminate, terminate or novate) all Hedging Contracts in respect of crude oil, natural gas and natural gas liquids that are were used by the First Lien Lenders in determining the Borrowing Base from time to timethen in effect, including all Hedging Contracts in existence on the Closing Date; provided, however, Restricted Persons may terminate Hedging Contracts in connection with a Disposition permitted pursuant toto Section 5.5(g).

Appears in 1 contract

Samples: Credit Agreement

AutoNDA by SimpleDocs

Hedging Contracts. Each Except to the extent permitted by Section 7.3(d), each Restricted Person shall maintain in effect for their full term (and will not sell, assign, transfer, terminate, or novate) all Hedging Contracts that are used by the First Lien Lenders in determining the Borrowing Base from time to time, including all Hedging Contracts in existence on the Closing Date; provided, however, Restricted Persons may terminate Hedging Contracts in connection with a Disposition permitted pursuant to.

Appears in 1 contract

Samples: Credit Agreement (Vantage Energy Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.