Common use of Notice of Casualty Events Clause in Contracts

Notice of Casualty Events. Prompt written notice, and in any event within ten Business Days, of the occurrence of any Casualty Event to any Property having a fair market value in excess of $1,000,000 or the commencement of any condemnation or eminent domain action or proceeding that could reasonably be expected to result in such a Casualty Event.

Appears in 5 contracts

Samples: Credit Agreement (Rosehill Resources Inc.), Note Purchase Agreement (Rosehill Resources Inc.), Credit Agreement (Rosehill Resources Inc.)

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Notice of Casualty Events. Prompt written noticePromptly, and but in any event within ten (10) Business DaysDays following the occurrence thereof, written notice of the occurrence of any Casualty Event to any Property having a fair market value in excess of $1,000,000 or the commencement of any condemnation or eminent domain action or proceeding that could reasonably be expected to result in such a Casualty Event, in each case, of any Property of any Group Member having a Fair Market Value in excess of $10,000,000.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Revolving Credit Agreement (Diversified Energy Co PLC)

Notice of Casualty Events. Prompt written notice, and in any event within ten Business Days, of the occurrence of any Casualty Event to any Property having a fair market value in excess of $1,000,000 250,000 or the commencement of any condemnation or eminent domain action or proceeding that could reasonably be expected to result in such a Casualty Event.

Appears in 1 contract

Samples: Possession Credit Agreement (Rosehill Resources Inc.)

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Notice of Casualty Events. Prompt written notice, and in any event within ten Business Days, of the occurrence of any Casualty Event to any Property having a fair market value in excess of $1,000,000 or the commencement of any condemnation or eminent domain action or proceeding that could reasonably be expected to result in such a Casualty Event; provided that such loss, casualty or other insured damage is in excess of $1,000,000.

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, LLC)

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