Common use of Title Information Clause in Contracts

Title Information. (a) On or before the date that is 45 days following the delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 85% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co)

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Title Information. (a) On or before the date that is 45 days following the delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8590% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co)

Title Information. (a) On or before the date that is 45 Within thirty (30) days following the of delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required after the Title Delivery Date by Section 8.12(a) (or such later date as may be acceptable to the Administrative Agent), 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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8580% of the total value Engineered Value of the proved Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Jones Energy, Inc.), Credit Agreement (Jones Energy, Inc.)

Title Information. (a) On Within sixty (60) days of delivery of the certificate required under Section 8.11(c) (or before the date that is 45 days following the delivery to such longer period as the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(amay approve in its sole discretion), 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 together with satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 85% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Title Information. (a) On or before the date that is 45 days following the delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(a8.11(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 together with satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8575% of the total value of the proved Oil and Gas Properties Proved Hydrocarbon Interests evaluated by such Reserve Report.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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Title Information. (a) On or before the date that is 45 days following the delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8590% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report.. 107

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Title Information. (a) On or before the date that is 45 days following the delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8590% of the total value of the proved Oil and Gas Properties evaluated by such Reserve Report.. 106

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Title Information. (a) On or before the date that is 45 Within thirty (30) days following the of delivery to the Administrative Agent and the Revolving Credit Lenders of each Reserve Report required by Section 8.12(a) (or such later date as may be acceptable to the Administrative Agent), 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 satisfactory title information previously delivered to the Administrative Agent, satisfactory title information on at least 8580% of the total value Engineered Value of the proved Oil and Gas Properties evaluated by such Reserve Report.

Appears in 1 contract

Samples: Credit Agreement (Jones Energy, Inc.)

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