Common use of Title Assurances Clause in Contracts

Title Assurances. Title opinions and/or other title information and data acceptable to Administrative Agent covering Oil and Gas Properties that in the aggregate represent not less than 90% of the Recognized Value of all Mortgaged Properties evaluated in the Initial Reserve Report, reflecting title to the Oil and Gas Properties of Borrower and its Subsidiaries in such Mortgaged Properties which is acceptable to Administrative Agent;

Title Assurances. Title opinions and/or other title information and data acceptable to Administrative Agent covering Proved Oil and Gas Properties that in the aggregate represent not less than 9085% of the Recognized Value of all Mortgaged Oil and Gas Properties evaluated in the Initial Reserve Report, reflecting title to the such Proved Oil and Gas Properties of Borrower and its Subsidiaries in such Mortgaged Properties which is acceptable to Administrative Agent;

Title Assurances. Title opinions and/or other title information and data acceptable to Administrative Agent covering Oil and Gas Properties that in the aggregate represent not less than 9080% of the Recognized Value of all Mortgaged Properties evaluated in the Initial Reserve Report, reflecting title to the Oil and Gas Properties of Borrower and its Subsidiaries in such Mortgaged Properties which is acceptable to Administrative Agent;