Initial Engineering Report definition

Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.
Initial Engineering Report means the reserve engineering report with respect to the Oil and Gas Properties of Restricted Persons prepared as of March 1, 2013 by Staff Engineers, a copy of which report has been delivered to Administrative Agent.
Initial Engineering Report means the engineering report dated as of December 31, 2014, prepared by Xxx Xxxxxxx & Associates, Inc.

Examples of Initial Engineering Report in a sentence

  • Borrower has heretofore delivered to each Lender true, correct and complete copies of the Initial Engineering Report.

  • Lenders shall have received the Initial Engineering Report, which shall be in form and substance reasonably satisfactory to Administrative Agent.

  • Borrower has heretofore delivered to Administrative Agent and each Lender true, correct and complete copies of the Initial Financial Statements and the Initial Engineering Report.

  • The leases, contracts, servitudes and other agreements forming a part of the Oil and Gas Properties of the Restricted Persons covered by the Initial Engineering Report and each subsequent Engineering Report are in full force and effect.

  • After giving full effect to all Permitted Liens, the ownership of such properties does not in the aggregate in any material respect obligate Borrower or any other Restricted Person to bear the costs and expenses relating to the maintenance, development and operations of such properties in an amount materially in excess of the working interest of Borrower in such properties set forth in the Initial Engineering Report.


More Definitions of Initial Engineering Report

Initial Engineering Report means the engineering report concerning oil and gas properties of Related Persons dated July 1, 1997, prepared by Rydex Xxxxx Xxxpany.
Initial Engineering Report means an Independent Engineering Report dated as of January 1, 2007 and covering the Proven Reserves of the Loan Parties (after giving pro forma effect to the Initial Acquisition) and otherwise in form acceptable to the Administrative Agent.
Initial Engineering Report means the internal engineering report concerning Oil and Gas Properties of the Contributing Parties as of June 30, 2011, audited by Xxxxxx Xxxxxxxxx and Associates, Inc.
Initial Engineering Report means, collectively, (a) the engineering report concerning Oil and Gas Properties of Restricted Persons, prepared by Netherland, Xxxxxx & Associates, Inc. as of January 1, 2014 and submitted to Administrative Agent, and (b) the engineering reports concerning the Oil and Gas Properties of Restricted Persons, prepared by Xxxxxx & Company, Inc. as of January 1, 2014, in each case as updated by Staff Engineers as of July 2, 2014 and submitted to Administrative Agent.
Initial Engineering Report means the report or reports covering the Borrowing Base Properties, dated effective as of December 31, 2001, prepared by Xxxxx Xxxxx Company, a true and correct copy of which has been furnished by Borrower to BOK.
Initial Engineering Report means the engineering reports concerning the Mineral Interests of the Restricted Persons prepared by Xxxxxxxx and XxxXxxxxxxx as of January 1, 2009.
Initial Engineering Report the following engineering report concerning oil and gas properties of the Company and its Subsidiaries: Report dated June 30, 2010 prepared by the Company’s employee engineers.