Common use of Monthly Reporting Package Clause in Contracts

Monthly Reporting Package. Within 15 days after the end of each calendar month (such month being the “Reported Month”), an operations report summarizing the Reported Month’s workover and drilling activity and for each Lease or Well (i) gross and net Crude Oil and Natural Gas products production and sales, (ii) lease operating expenses, (iii) production Taxes, and (iv) any other relevant operations data Administrative Agent may request (the “Monthly Reporting Package”). But, if there are no Obligations outstanding under the Term Loan, Borrower shall not be required to provide the Monthly Reporting Package.

Appears in 2 contracts

Samples: Credit Agreement (Voyager Oil & Gas, Inc.), Credit Agreement (Voyager Oil & Gas, Inc.)

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Monthly Reporting Package. Within 15 45 days after the end of each calendar month (such month being the “Reported Month”), an operations report summarizing substantially all of the Reported Month’s workover and drilling activity and for each Lease or Well (i) gross and net Crude Oil and Natural Gas products production and sales, (ii) lease operating expenses, (iii) production Taxes, and (iv) any other relevant operations data Administrative Agent (acting at the direction of the Required Lenders) may reasonably request (the “Monthly Reporting Package”). But, if there are no Obligations outstanding under the Term Loan, Borrower shall not be required to provide the Monthly Reporting Package.

Appears in 1 contract

Samples: Credit Agreement (American Standard Energy Corp.)

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Monthly Reporting Package. Within 15 days after the end of each calendar month (such month being the “Reported Month”), an operations report summarizing the Reported Month’s workover and drilling activity and for each Lease or Well (i) gross and net Crude Oil and Natural Gas products production and sales, (ii) lease operating expenses, (iii) production Taxes, and (iv) any other relevant operations data Administrative Agent may request (the “Monthly Reporting Package”). But, if there are no Obligations outstanding under the Term Loan, Borrower shall not be required to provide the Monthly Reporting PackagePackage .

Appears in 1 contract

Samples: Credit Agreement (American Standard Energy Corp.)

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