Examples of Internal Reserve Report in a sentence
In connection with any redetermination of the Borrowing Base under this Section 2.2(c), the Borrower shall provide the Administrative Agent and the Tier I Lenders with an Independent Reserve Report or an Internal Reserve Report dated effective as of a date no more than 30 days prior to the redetermination and such other information as may be reasonably requested by the Administrative Agent or any Tier I Lender with respect to the Oil and Gas Properties included or to be included in the Borrowing Base.
The Administrative Agent shall have received evidence reasonably satisfactory to it that the Borrower and each Restricted Subsidiary shall have successfully renegotiated its gathering, transportation and processing contracts on terms no less favorable, taken as a whole, than the terms assumed in the Initial Internal Reserve Report provided to the Administrative Agent pursuant to Section 3.1(a)(xi) as determined by the Administrative Agent in its sole discretion.
For the densest rocks in the study (~0.08–0.12), the UCS data would suggest yet ahigher of 20–25 MPa. The pore–emanating crack model could explain this switch in behaviour if there was a fundamental√change in pore radius.
In connection with any redetermination of the Borrowing Base under this Section 2.2(c), the Borrower shall provide the Administrative Agent and the Lenders with an Independent Reserve Report or an Internal Reserve Report dated effective as of a date no more than 30 days prior to the redetermination and such other information as may be reasonably requested by the Administrative Agent or any Lender with respect to the Oil and Gas Properties included or to be included in the Borrowing Base.
Mr Currie explained that Mr Chitty had not yet taken over Leadership Delivery Partners (which was the claimant's primary area of responsibility) and that he was working part-time until April.