Common use of Nature of Business; International Operations Clause in Contracts

Nature of Business; International Operations. The Parent and the Borrower will not, and will not permit any of their Subsidiaries to, allow any material change to be made in the character of its business as independent oil and gas exploration and production companies. From and after the date hereof, the Parent, the Borrower and their Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.

Appears in 5 contracts

Samples: Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP)

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Nature of Business; International Operations. The Parent Parent, OP LLC and the Borrower will not, and will not permit any of their Subsidiaries Restricted Subsidiary to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production companiescompany. From and after the date hereof, the Parent, the Borrower and their the Domestic Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.

Appears in 4 contracts

Samples: Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.)

Nature of Business; International Operations. The Parent Parent, OP LLC and the Borrower will not, and will not permit any of their respective Subsidiaries to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production companiescompany. From and after the date hereof, the Parent, the Borrower and their the Domestic Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.

Appears in 2 contracts

Samples: Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.)

Nature of Business; International Operations. The Parent and the Borrower will not, and will not permit any of their Subsidiaries Subsidiary to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production companiescompany. From and after the date hereof, the Parent, the Borrower and their the Domestic Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

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Nature of Business; International Operations. The Parent and the Borrower Group will not, and will not permit any of their Subsidiaries Restricted Subsidiary to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production companiescompany. From and after the date hereof, the Parent, the Borrower and their the Domestic Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.. Section 9.07

Appears in 1 contract

Samples: Credit Agreement (Chord Energy Corp)

Nature of Business; International Operations. The Parent and the Borrower Group will not, and will not permit any of their Subsidiaries Restricted Subsidiary to, allow any material change to be made in the character of its business as an independent oil and gas exploration and production companiescompany. From and after the date hereof, the Parent, the Borrower and their the Domestic Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital, operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States.

Appears in 1 contract

Samples: Credit Agreement (Chord Energy Corp)

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