Common use of Independent Engineering Report Clause in Contracts

Independent Engineering Report. The Companies have delivered to the Purchasers, in form satisfactory to the Purchasers, results of the Initial Independent Engineering Report on the fields and properties listed therein or attached thereto (the "EVALUATED PROPERTIES") in which the Companies will have interests as of the Closing Date. The Initial Independent Engineering Report is the latest engineering report available to the Companies relating to the Evaluated Properties. To the knowledge of the Responsible Officers, the Companies have provided no materially false or misleading information to and have not withheld from the engineer preparing or who prepared the Initial Independent Engineering Report any material information with respect to the preparation of the Independent Engineering Report. The Responsible Officers and the officers of Refining are not aware of any facts or circumstances that should reasonably cause the Companies to conclude that (i) any of the information that was supplied by the Companies to the Independent Engineer in connection with its preparation of the Independent Engineering Report was not correct or (ii) the Independent Engineering Report is incorrect in any material respect.

Appears in 1 contract

Sources: Exchange Agreement (TCW Group Inc)

Independent Engineering Report. The Companies have delivered to the PurchasersTCW, in form satisfactory to the PurchasersTCW, results of the Initial Independent Engineering Report on the fields and properties listed therein or attached thereto (the "EVALUATED PROPERTIESEvaluated Properties") in which the Companies will have interests as of the Closing Date. The Initial Independent Engineering Report is the latest engineering report available to the Companies relating to the Evaluated Properties. To the knowledge of the Responsible OfficersCompanies, the Companies have provided no materially false or misleading information to and have not withheld from the engineer preparing or who prepared the Initial Independent Engineering Report any material information with respect to the preparation of the Initial Independent Engineering Report. The Responsible Officers and the officers of Refining Companies are not aware of any facts or circumstances that should reasonably cause the Companies to conclude that (i) any of the information that was supplied by the Companies to the Independent Engineer in connection with its preparation of the Initial Independent Engineering Report was not correct or (ii) the Initial Independent Engineering Report is was incorrect in any material respect.

Appears in 1 contract

Sources: Exchange and Stock Issuance Agreement (Inland Resources Inc)

Independent Engineering Report. The Companies have delivered to the Purchasers, in form satisfactory to the Purchasers, results of the Initial Independent Engineering Report on the fields and properties listed therein or attached thereto (the "EVALUATED PROPERTIESEvaluated Properties") in which the Companies will have interests as of the Closing Date. The Initial Independent Engineering Report is the latest engineering report available to the Companies relating to the Evaluated Properties. To the knowledge of the Responsible Officers, the Companies have provided no materially false or misleading information to and have not withheld from the engineer preparing or who prepared the Initial Independent Engineering Report any material information with respect to the preparation of the Independent Engineering Report. The Responsible Officers and the officers of Refining are not aware of any facts or circumstances that should reasonably cause the Companies to conclude that (i) any of the information that was supplied by the Companies to the Independent Engineer in connection with its preparation of the Independent Engineering Report was not correct or (ii) the Independent Engineering Report is incorrect in any material respect.

Appears in 1 contract

Sources: Exchange Agreement (Enron Corp/Or/)

Independent Engineering Report. The Companies have delivered to the Purchasers, in form satisfactory to the Purchasers, results of the Initial Independent Engineering Report on the fields and properties listed therein or attached thereto (the "EVALUATED PROPERTIESEvaluated Properties") -------------------- in which the Companies will have interests as of the Closing Date. The Initial Independent Engineering Report is the latest engineering report available to the Companies relating to the Evaluated Properties. To the knowledge of the Responsible Officers, the Companies have provided no materially false or misleading information to and have not withheld from the engineer preparing or who prepared the Initial Independent Engineering Report any material information with respect to the preparation of the Independent Engineering Report. The Responsible Officers and the officers of Refining are not aware of any facts or circumstances that should reasonably cause the Companies to conclude that (i) any of the information that was supplied by the Companies to the Independent Engineer in connection with its preparation of the Independent Engineering Report was not correct or (ii) the Independent Engineering Report is incorrect in any material respect.

Appears in 1 contract

Sources: Exchange Agreement (Inland Resources Inc)