Common use of Joint Operating Agreements Clause in Contracts

Joint Operating Agreements. Borrower shall not, and shall not permit any of its Subsidiaries to, amend, restate, supplement or otherwise modify, any joint operating agreement covering any of the Oil and Gas Properties of Borrower or any of its Subsidiaries in a manner materially adverse to Borrower or such Subsidiary without the prior written consent of Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)

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Joint Operating Agreements. Borrower shall not, and shall not permit any of its Subsidiaries the other Obligated Parties to, amend, restate, supplement or otherwise modify, or elect a new operator under, any joint operating agreement covering any of the Oil and Gas Properties of Borrower or any of its Subsidiaries in a manner materially adverse to Borrower or such Subsidiary the other Obligated Parties without the prior written consent of Administrative AgentLender.

Appears in 1 contract

Samples: Credit Agreement (Victory Energy Corp)

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