Common use of Title Review Clause in Contracts

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 are inaccurate in any respect.

Appears in 7 contracts

Samples: Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.)

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Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 are inaccurate in any respectcounsel.

Appears in 5 contracts

Samples: Credit Agreement (Brigham Minerals, Inc.), Credit Agreement (Sitio Royalties Corp.), Credit Agreement (Brigham Minerals, Inc.)

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties, Properties and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 hereof are inaccurate in any respect.

Appears in 4 contracts

Samples: Credit Agreement (Delta Petroleum Corp/Co), Credit Agreement (Delta Petroleum Corp/Co), Credit Agreement (Alliant Energy Corp)

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties, Properties and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 8.8 and Section 7.9 8.9 hereof are inaccurate in any respect.

Appears in 2 contracts

Samples: Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Whiting Petroleum Corp)

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of to the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Initial Title Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 hereof are inaccurate in any material respect.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Title Review. Administrative Agent or its title counsel shall have completed a review of title regarding that portion (including limited opinions of title) with respect to the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Title Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 8.9 hereof are inaccurate in any respect.

Appears in 1 contract

Samples: Credit Agreement (Prize Energy Corp)

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties (other than the CQ Properties, ) and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 8.8 and Section 7.9 8.9 hereof are inaccurate in any respect.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

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Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion of the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Required Reserve Value (as defined in the Credit Agreement as in effect on the Closing Date) of all Borrowing Base PropertiesProperties (as defined in the Credit Agreement as in effect on the Closing Date), and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 (as contained in the Credit Agreement on the Closing Date) are inaccurate in any respect.

Appears in 1 contract

Samples: Credit Agreement (Vital Energy, Inc.)

Title Review. Administrative Agent or its title counsel shall have completed a review of title regarding that portion (including limited opinions of title) with respect to the Borrowing Base Properties which results in evidence of title satisfactory to Administrative Agent and its counsel covering not less than the Title Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 hereof are inaccurate in any respect.

Appears in 1 contract

Samples: Credit Agreement (Castle Energy Corp)

Title Review. Administrative Agent or its counsel shall have completed a review of title regarding that portion (including opinions of the Borrowing Base Properties which results in evidence of title satisfactory title) with respect to Administrative Agent and its counsel covering not less than the Required Reserve Value of all Borrowing Base Properties, and such review shall not have revealed any condition or circumstance which would reflect that the representations and warranties contained in Section 7.8 and Section 7.9 are inaccurate in any respect.which

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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