Common use of Transfer Letters Clause in Contracts

Transfer Letters. Deliver to the Administrative Agent within sixty (60) days following the Closing Date and from time to time thereafter, Transfer Letters duly executed by the Borrower and its Restricted Subsidiaries, as appropriate, with respect to all Oil and Gas Properties included in the Borrowing Base.

Appears in 1 contract

Sources: Credit Agreement (NGAS Resources Inc)

Transfer Letters. Deliver to the Administrative Agent within sixty (60) days following the Closing Date and from time to time thereafter, Transfer Letters letters duly executed by the Borrower and its Restricted Subsidiaries, as appropriate, with respect to all Oil and Gas Properties included in the Borrowing Base.

Appears in 1 contract

Sources: Credit Agreement (NGAS Resources Inc)