Reasonable Assurances. Agent shall have received and be satisfied with an analysis by Agent’s counsel of the applicability of mechanic’s liens and/or liens against mineral property in the Borrowers’ industry as they relate to subcontractors, accounts payable risks and reservations from borrowing base.
Appears in 3 contracts
Sources: Revolving Credit, Capex Loan and Security Agreement (Geokinetics Inc), Revolving Credit, Term Loan and Security Agreement (Geokinetics Inc), Revolving Credit and Security Agreement (Geokinetics Inc)