NSAI definition
Examples of NSAI in a sentence
Neither they, nor to their knowledge, any of their employees, officers or directors, own interests in any Vanguard Party or any oil and gas properties covered by the NSAI Reserve Report.
If such updated Reserve Report is not in form and substance reasonably satisfactory to the Administrative Agent, the Administrative Agent may request, and the Borrower shall deliver, an updated Reserve Report prepared by NSAI.
NSAI, which prepared the NSAI Reserve Reports contained in the Initial Registration Statement, the General Disclosure Package and the Prospectus, was as of the date of each such report, and is, as of the date hereof, an independent reserve engineer and acts as independent reserve engineer with respect to Fund I.
The information provided to CG&A and NSAI by the Company, including, without limitation, information as to production, costs of operation and development, current prices for production and agreements relating to current and future operations and sales of production, was true and correct in all material respects on the dates the reports were made.
At the time of execution of this Agreement and each Closing Date, the Underwriter shall have received from NSAI, a letter, in form and substance satisfactory to and addressed to the Underwriters with respect to: (i) the estimated quantities of the Company’s proved net reserves, (ii) the future net revenues from those reserves, (iii) their present value as set forth in the General Disclosure Package and the Final Prospectus and (iv) such related matters as the Underwriter shall reasonably request.