Phase I Reports. As soon as available, and in any case within fifteen (15) days prior to closing any Acquisition of Oil and Gas Properties by it, such Loan Party shall deliver to the Lenders a Phase I report covering such Oil and Gas Properties to be acquired in form and substance satisfactory to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)
Phase I Reports. As soon as available, and in any case within fifteen (15) days prior to closing acquiring any Acquisition of Oil and Gas Properties by it, such directly or indirectly through a Subsidiary each Loan Party shall deliver to the Lenders a Phase I report Report covering such Oil and Gas Properties to be acquired in form and substance reasonably satisfactory to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)
Phase I Reports. As soon as available, and in any case within fifteen (15) days prior to closing any Acquisition of Oil and Gas Properties by itProperties, such Loan Party the Company shall deliver to the Lenders a Phase I report covering such Oil and Gas Properties to be acquired in form and substance satisfactory to the Administrative Agent.
Appears in 1 contract
