Common use of Environmental Review Clause in Contracts

Environmental Review. Not later than thirty (30) days prior to the date of any acquisition by Borrower of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 3 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Venus Exploration Inc)

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Environmental Review. Not later than thirty ten (3010) days prior to the date of any acquisition by Borrower of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Environmental Review. Not later than thirty (30) days prior to the date of any acquisition by Borrower any Credit Party of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower a Credit Party previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Environmental Review. Not later than thirty (30) days prior to the date of any acquisition by Borrower of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

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Environmental Review. Not later than thirty (30) days -------------------- prior to the date of any acquisition by Borrower any Credit Party of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower a Credit Party previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Environmental Review. Not later than thirty (30) days prior -------------------- to the date of any acquisition by Borrower any Credit Party of Mineral Interests or related assets, other than an acquisition of additional interests in Mineral Interests in which Borrower a Credit Party previously held an interest, Borrower shall deliver to Administrative Agent a report in form, scope and detail acceptable to Administrative Agent from environmental engineering firms acceptable to Administrative Agent, which report or reports shall set forth the results of a Phase I environmental review of such Mineral Interests and related assets.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

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