Removal and Appointment of Operator. Lender shall, in its reasonable discretion, have the right to approve or disapprove any action taken by Borrower to resign as Operator of any of the Properties, or to appoint, remove or replace the Operator of any of the Properties.
Appears in 2 contracts
Samples: Credit Agreement (Mallon Resources Corp), Credit Agreement (Black Hills Corp /Sd/)
Removal and Appointment of Operator. Lender shallwill, in its reasonable discretion, have the right to approve or disapprove any action taken by Borrower to resign as Operator of any of the Properties, or Borrowers to appoint, remove or replace the Operator of any of the Properties.
Appears in 2 contracts
Samples: Credit Agreement (Imperial Resources, LLC), Possession Credit Agreement (Cygnus Oil & Gas Corp)
Removal and Appointment of Operator. Lender shall, in its reasonable discretion, have the right to approve or disapprove any action taken by Borrower to resign as Operator of any of the Properties, or to appoint, remove or replace the Operator of any of the Properties.
Appears in 1 contract
