Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party having a fair market value in excess of $10,000,000.
Appears in 3 contracts
Samples: Credit Agreement (McMoran Exploration Co /De/), Credit Agreement (McMoran Exploration Co /De/), Credit Agreement (McMoran Exploration Co /De/)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, Days after the Borrower obtains knowledge of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party Event having a fair market value in excess of $10,000,0007,500,000.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp)
Notice of Casualty Events. Prompt written notice, and in any event within three Business DaysDays of the Borrower obtaining knowledge, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any case with respect to Property of any Loan Credit Party having a an aggregate fair market value in excess of $10,000,0001,000,000.
Appears in 3 contracts
Samples: Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business DaysDays (or such other time as the Administrative Agent may agree), of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party having a fair market value Fair Market Value in excess of $10,000,0001,000,000.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp), Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party having a fair market value in excess of $10,000,000500,000.
Appears in 1 contract
Samples: Dip Credit Agreement
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any case with respect to Property of any Loan Party having (other than Holdings) which would reasonably be expected to have a fair market value in excess of $10,000,000.Material Adverse Effect on Borrower and the Loan Parties; CREDIT AGREEMENT β Page 58
Appears in 1 contract
Notice of Casualty Events. Prompt written noticePromptly, and but in any event within three five (5) Business Days, written notice of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party having a fair market value in excess of $10,000,000.
Appears in 1 contract
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, after a Responsible Officer of any Loan Party obtains knowledge of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any case with respect to Property of any Loan Party having a an aggregate fair market value in excess of $10,000,000.250,000;
Appears in 1 contract
Samples: Credit Agreement (Sunnova Energy International Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, Days after the Borrower obtains knowledge of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party Event having a fair market value in excess of $10,000,0005,000,000.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any case with respect to Property of any Loan Party having a an aggregate fair market value in excess of $10,000,000.250,000;
Appears in 1 contract
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, Days after the Borrower obtains knowledge of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of any Property of any Loan Party Event having a fair market value in excess of $10,000,000.
Appears in 1 contract
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case, of case with respect to any Property of the Borrower or any Loan Party of its Subsidiaries having a fair market value in excess of $10,000,0001,000,000.
Appears in 1 contract
