Common use of Title Information Clause in Contracts

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (ai) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report (or internally generated engineering data) required by Section 9.12(a6.1(p), the Borrower Issuer will deliver title information to the Administrative Agent in form and substance acceptable to the Administrative Agent Lead Investor covering enough all of the Oil and Gas Properties evaluated of each Note Party to the extent that such title information was not previously delivered, so that the Administrative Agent shall have received together with title information previously delivered to the Administrative Agent, title, satisfactory to the Lead Investor, on at least ninety percent (90%) of the value of the Oil and Gas Properties of the Note Parties, as determined by the Lead Investor. (ii) If the Issuer has provided title information under Section 6.1(q), the Issuer shall, within sixty (60) days of notice from the Administrative Agent that title defects or exceptions exist, either (A) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 7.2 raised by such Reserve Report that were not included information, (B) substitute acceptable properties with no title defects or exceptions except for Permitted Liens having an equivalent value, or (C) deliver title information to the Administrative Agent in form and substance acceptable to the immediately preceding Reserve Report, Lead Investor so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the Oil and Gas Properties evaluated by such Reserve Report. at least eighty percent (b80%) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the value of the Oil and Gas Properties evaluated of the Note Parties as determined by such Reserve Reportthe Lead Investor.

Title Information. (a) On or before Within 60 days following the delivery to request of the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a)Agent, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such the Reserve Report that were not included in the immediately preceding Reserve Report, most recently delivered pursuant to Section 8.12 so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the PV-10 Value of the Oil and Gas Properties evaluated by such Reserve ReportReport and located in, or in U.S. Federal waters adjacent to, the United States. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Permitted Liens (other than Excepted Permitted Liens described in clause clauses (fk), (e) and (i) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the value PV-10 Value of the Oil and Gas Properties evaluated by such Reserve ReportReport and located in, or in U.S. Federal waters adjacent to, the United States.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 90% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definition) having an equivalent value or (iii) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 90% of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 91% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist (other than, of a nature or type that constitutes a permitted Lien pursuant to st with respect to such additional Properties, either (i) cure Section 9.03) exi any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable reasonably Mortgaged Properties with no title defects or exceptions except for Excepted acceptable Liens (other than Excepted thanExcepted Liens described in clause clauses (fe), (g) and (h) of such definitiondefinition and other than, of a nature or type that constitutes a permitted Lien pursuant to n 9.03) having Sectio an equivalent value or (iii) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 91% of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve ReportReport or with respect to which title information was not previously provided, so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 sixty (60) days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve ReportReport or with respect to which title information was not previously provided, so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 80% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (ic) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (iid) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definition) having an equivalent value or (iiie) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 80% of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Engineering Report required by Section 9.12(a6.2(g), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Engineering Report that were not included in the immediately preceding Reserve Engineering Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least eighty percent (80%) of the PV-9 of the Oil and Gas Properties constituting Proved Reserves, evaluated by such Reserve Engineering Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a6.19(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i1) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 7.1 raised by such information, (ii2) substitute acceptable Mortgaged Properties (with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definitionpermitted by Section 7.1) having an equivalent value or (iii3) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least eighty percent (80%) of the value PV-9 of the Oil and Gas Properties constituting Proved Reserves, evaluated by such Reserve Engineering Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve ReportReport or with respect to which title information was not previously provided, so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 90% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties Collateral with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 90% of the total value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (ai) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report (or internally generated engineering data) required by Section 9.12(a6.1(p), the Borrower Issuer will deliver title information to the Administrative Agent in form and substance acceptable to the Administrative Agent Lead Investor covering enough all of the Oil and Gas Properties evaluated of each Note Party to the extent that such title information was not previously delivered, so that the Administrative Agent shall have received together with title information previously delivered to the Administrative Agent, title, satisfactory to the Lead Investor, on at least eighty percent (80%) of the total value of the Oil and Gas Properties of the Note Parties, as determined by the Lead Investor. (ii) If the Issuer has provided title information under Section 6.1(q)(i), the Issuer shall, within sixty (60) days of notice from the Administrative Agent that title defects or exceptions exist, either (A) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 7.2 raised by such Reserve Report that were not included information, (B) substitute acceptable properties with no title defects or exceptions except for Permitted Liens having an equivalent value, or (C) deliver title information to the Administrative Agent in form and substance acceptable to the immediately preceding Reserve Report, Lead Investor so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least eighty percent (80%) of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the total value of the Oil and Gas Properties evaluated of the Note Parties, as determined by such Reserve Reportthe Lead Investor.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower Parent Guarantor will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Proved Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 90% of the total value of the Proved Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower Parent Guarantor has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower Parent Guarantor shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 90% of the value of the Proved Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days (or such later date as the Administrative Agent may agree in its sole discretion) of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Specified Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a)2.8, the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 90% of the Oil and Gas Properties total value of the Proved Reserves evaluated by such Reserve Report. (b) . If the Borrower has provided title information for additional Properties under Section 9.13(a)the preceding sentence, the Borrower shall, within 60 90 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 7.2.3 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) permitted by Section 7.2.3 having an equivalent value or (iii) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 90% of the total value of the Oil and Gas Properties Proved Reserves evaluated by such Reserve Report.

Title Information. (aA) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a6.12(A), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent Required Lenders covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have has received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least the Threshold Amount of the total value of the Proved Reserves attributable to the Oil and Gas Properties evaluated by such Reserve Report. (bB) If the Borrower has provided title information for additional Properties under Section 9.13(a6.13(A), the Borrower shall, within 60 90 days of notice from the Administrative Agent Required Lenders that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 7.3 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fE), (G) and (H) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent Required Lenders so that the Administrative Agent shall have has received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least the Threshold Amount of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 91% of the total value of the Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions (other than, of a nature or type that constitutes a permitted Lien pursuant to Section 9.03) exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute reasonably acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definitiondefinition and other than, of a nature or type that constitutes a permitted Lien pursuant to Section 9.03) having an equivalent value or (iii) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least 91% of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a7.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the proved Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agentdelivered, satisfactory title information on all at least 80% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a7.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 8.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent they shall have received, together with title information previously delivered to the Administrative Agentdelivered, satisfactory title information on all at least 80% of the value of the Oil and Gas Properties evaluated by such Reserve Report.. Resolute Aneth, LLC Amended & Restated Credit Agreement

Title Information. (a) i. On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Report required by Section 9.12(a5.15(a), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve ReportReport or for which no title information had been previously delivered to the Administrative Agent, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the Oil and Gas Properties evaluated by such PV-10 Value as reflected in the most recently delivered Reserve Report. (b) ii. If the Borrower has provided title information for additional Properties properties under Section 9.13(a5.16(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Propertiesproperties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 6.02 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all at least 80% of the value of PV-10 Value as reflected in the Oil and Gas Properties evaluated by such most recently delivered Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the Oil and Gas Properties evaluated by such Reserve Report.. 45 (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause clauses (fe), (g) and (h) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on all of the value of the Oil and Gas Properties evaluated by such Reserve Report.

Title Information. (a) On or before the delivery to the Administrative Agent and the Arranger Lenders of each Reserve Engineering Report required by Section 9.12(a6.2(g), the Borrower will deliver title information in form and substance reasonably acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Engineering Report that were not included in the immediately preceding Reserve Engineering Report, so that the Administrative Agent shall have received, received together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least eighty percent (80%) of the PV-9 of the Oil and Gas Properties constituting Proved Reserves evaluated by such Reserve Engineering Report. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a6.19(a), the Borrower shall, within 60 days of notice from the Administrative Agent that title defects or exceptions exist with respect to such additional Properties, either (i1) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 7.1 raised by such information, (ii2) substitute acceptable Mortgaged Properties (with no title defects or exceptions except for Excepted Liens (other than Excepted Liens described in clause (f) of such definitionpermitted by Section 7.1) having an equivalent value or (iii3) deliver title information in form and substance reasonably acceptable to the Administrative Agent so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, reasonably satisfactory title information on all at least eighty percent (80%) of the value PV-9 of the Oil and Gas Properties constituting Proved Reserves evaluated by such Reserve Engineering Report.

Title Information. (a) On or before the delivery to the Administrative Agent Agent, the Loan Administrator and the Arranger Lenders of each Reserve Report required by Section 9.12(a8.12(a), the Borrower will deliver title information in form and substance acceptable to the Administrative Agent Majority Lenders covering enough of the Oil and Gas Properties Proved Reserves evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report, so that the Administrative Agent Agent, the Loan Administrator and the Lenders shall have received, received together with title information previously delivered to the Administrative Agentdelivered, satisfactory title information on all of at least the Oil and Gas Properties evaluated by such Reserve ReportMinimum Collateral Amount. (b) If the Borrower has provided title information for additional Properties under Section 9.13(a8.13(a), the Borrower shall, within 60 10 days of notice from the Administrative Agent Loan Administrator (acting at the direction of the Majority Lenders) that title defects or exceptions exist with respect to such additional Properties, either (i) cure any such title defects or exceptions (including defects or exceptions as to priority) that which are not permitted by Section 10.03 9.03 raised by such information, (ii) substitute acceptable Mortgaged Properties with no title defects or exceptions except for Excepted Permitted Prior Liens (other than Excepted Liens described in clause (f) of such definition) having an equivalent value or (iii) deliver title information in form and substance acceptable to the Administrative Agent Majority Lenders so that the Administrative Agent Agent, the Loan Administrator and the Lenders shall have received, together with title information previously delivered to the Administrative Agentdelivered, satisfactory title information on all of at least the value of the Oil and Gas Properties evaluated by such Reserve ReportMinimum Collateral Amount.