OTHER COVENANTS AND MISCELLANEOUS TERMS Sample Clauses

OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. Except as expressly amended and supplemented hereby, the Agreement shall remain unchanged and in full force and effect, and the same is hereby ratified and extended.
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OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. This provision shall serve as notice pursuant to Section 4(b) of the Agreement that from the date hereof through the next redetermination pursuant to said Section 4(b), the Borrowing Base shall be $25,000,000.00.
OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. As additional consideration and in addition to interest on the Note, Borrower hereby agrees to pay Bank by August 1, 1999, a fee for this amendment (the "Amendment Fee") in the amount of $25,000.00.
OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. In addition to interest on the Note and in order to compensate Lender for various consents, waivers and amendments to restructure the credit facility and in consideration for the release of certain collateral discussed above, Borrower shall pay Lender an Amendment/Restructure Fee in the amount of $75,000.00.
OTHER COVENANTS AND MISCELLANEOUS TERMS. Except as expressly amended and supplemented hereby, the Agreement shall remain unchanged and in full force and effect, and the same is hereby rati- fied and extended. The obligations of Borrowers to Banks, including but not limited to the in- debtedness evidenced by the Note executed in conjunction with the Agreement, shall continue to be secured by the Collateral, without interruption or impairment of any kind. The Borrowers hereby agree to pay all reasonable attorney fees and legal ex- penses incurred by Agent in preparation, execution and implementation of this Amendment and any mortgages, deeds of trust, security agreements, pledge agree- ments or any amendments thereto. This Amendment shall be construed in accordance with and governed by the laws of the State of Oklahoma, and shall be binding on and inure to the bene- fit of the Borrowers and Banks, and their respective successors and assigns. All obligations of the Borrowers under the Agreement and all rights of Banks and any other holder of the Notes, whether expressed here- in or in any Note, shall be in addition to and not in limitation of those provided by applicable law. Borrowers irrevocably agree that, subject to Banks' sole election, all suits or proceedings arising from or related to the Agreement, as amended, or the Notes may be litigated in courts (whether State or Federal) sitting in Oklahoma City, Oklahoma, and the Borrower hereby irrevocably waives any objection to such jurisdiction and venue. This Amendment may be executed in as many counterparts as are deemed necessary or convenient, and it shall not be necessary for the signature of more than any one party to appear on any single counterpart. Each counterpart shall be deemed an original, but all shall be construed to- gether as one and the same instrument. The failure of any party to sign shall not affect or limit the liability of any party executing any such counterpart. BORROWER: CONTINENTAL RESOURCES, INC., an Oklahoma corporation By: HXXXXX XXXX Hxxxxx Xxxx Title: President CONTINENTAL GAS, INC., an Oklahoma corporation By: RXXXX XXXXXX Rxxxx Xxxxxx Title: President BANKS: BANK ONE, OKLAHOMA, N.A. By: JXXX X. XXXX, XX. Jxxx X. Xxxx, Xx. Title: Sr. Vice President CHASE BANK OF TEXAS, N.A. By: DXXXX GERMAN Dxxxx German Title: Vice President GE CAPITAL CORPORATION By: MXXXXXX X. XXXXXXXX Mxxxxxx X. Xxxxxxxx Title: Manager of Operations NATIONAL BANK OF CANADA By: DXXX XXXXX Dxxx Xxxxx Title: Vice President BANK OF SCOTLAND By: AXXX...
OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. Except as expressly amended and supplemented hereby, the Credit Agreement shall remain unchanged and in full force and effect, and the same is hereby ratified and extended.
OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. Borrowers hereby agree to provide such additional mortgages and title work pertaining to the Oil and Gas Properties to Bank's satisfaction within thirty (30) days of any such request by Bank.
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OTHER COVENANTS AND MISCELLANEOUS TERMS. 1. This Amendment shall serve as notification to Borrowers that the Borrowing Base shall be increased to $12,500,000.00 which such amount shall remain in effect, subject to the Monthly Commitment Reductions, until the next Borrowing Base Determination. Until June 1, 2002, the Monthly Commitment Reduction shall be $0.00. On June 1, 2002 and July 1, 2002, the Monthly Commitment Reduction shall be $172,000.00. Beginning August 1, 2002 and continuing until the next Borrowing Base Determination, the Monthly Commitment Reduction shall be $172,000 plus any positive difference between $172,000.00 and 80% of the Net Cash Flow reported for the second month preceding the first day of each month. For the purposes of this definition, the term "Net Cash Flow" shall be defined as Net Income, as determined by GAAP, before income taxes plus non-cash expenses (depreciation, depletion, and amortization).

Related to OTHER COVENANTS AND MISCELLANEOUS TERMS

  • Miscellaneous Covenants The Debtor will:

  • Other Miscellaneous Terms The Card and your obligations under this Agreement may not be assigned. We may transfer our rights under this Agreement. Use of the Card is subject to all applicable rules and customs of any clearinghouse or other association involved in transactions. We do not waive our rights by delaying or failing to exercise them at any time. If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any governmental agency, local, state, or federal, the validity or enforceability of any other provision of this Agreement shall not be affected. This Agreement will be governed by the law of the State of Delaware except to the extent governed by federal law.

  • Miscellaneous Terms The term "or" is disjunctive; the term "and" is conjunctive. The term "shall" is mandatory; the term "may" is permissive. Masculine terms also apply to females; feminine terms also apply to males. The term "including" is by way of example and not limitation.

  • Miscellaneous Agreements Subject to terms and conditions of this Agreement, each party shall use its commercially reasonable best efforts to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary, appropriate, or desirable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement. After the Closing Date, if Buyer considers or is advised that any further assignment, conveyance or other documents are necessary or desirable to vest, perfect, confirm or record in the Company title to any of the Assets or to aid in the prosecution, defense or enforcement of any rights arising from the transfer of the Shares to Buyer, Seller shall cause its authorized officer to execute and deliver promptly to Buyer any and all assignments, powers of attorney or other documents and do all things requested by Buyer to vest, perfect or confirm title to the Assets in the Company and title to the Shares in Buyer or to convey such other rights as provided herein or to otherwise carry out the intent of this Agreement.

  • Miscellaneous Terms and Conditions The following terms and conditions also apply.

  • Other Covenants and Agreements The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with any other covenant or agreement contained herein or in any other Loan Document or shall use the proceeds of any loan for an unauthorized purpose.

  • Miscellaneous Provisions Section 11.01

  • Governing Law and Miscellaneous Provisions The provisions of Article 7 of the Collateral Trust Agreement will apply with like effect to this Collateral Trust Joinder.

  • Term of Agreement Miscellaneous 13.1 Term.

  • Performance of Agreements and Covenants Each and all of the agreements and covenants of Seller to be performed and complied with pursuant to this Agreement and the other agreements contemplated hereby prior to the Effective Time shall have been duly performed and complied with in all material respects.

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