Common use of Marketing of Production Clause in Contracts

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 days’ notice or less without penalty or detriment, for the sale of the Borrower’s and the other Credit Parties’ Hydrocarbon production (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 120 days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.197.18, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 60 days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereofhereof or the date of such Reserve Report, as applicable.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.198.19, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 days’ days notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Partiesor its Subsidiaries’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 days’ notice or less without penalty or detriment, for the sale of the Borrower’s and the other Credit Partiesits Restricted Subsidiaries’ Hydrocarbon production (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof Other than as set forth on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report4.01(gg), no material Borrower or any Subsidiary of any Borrower shall permit any agreements for marketing of production to exist, which are not cancelable on 90 days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit PartiesBorrowers’ Hydrocarbon production or their Subsidiaries’ Hydrocarbons (including without limitation calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (i) pertain to the sale of production at a fixed price and (ii) have a maturity or expiry date of longer than six (6) months from the date hereofthereof.

Marketing of Production. Except for contracts listed and in effect on On the date hereof Initial Funding Date, except as set forth on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report7.17, no material agreements exist, exist (which are not cancelable on 90 one hundred twenty (120) days’ notice or less without penalty or detriment, ) for the sale of production of the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons at a fixed non-index price (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to (a) represent in respect of such agreements 2.50% or more of the sale Credit Parties’ average monthly production of production at a fixed price Hydrocarbon volumes and (b) have a maturity or expiry date of longer than six (6) months from the effective date hereofof such agreement.

Marketing of Production. Except for contracts listed and in effect on On the date hereof Effective Date, except as set forth on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report8.18, no material agreements exist, exist (which are not cancelable on 90 sixty (60) days’ notice or less without penalty or detriment, ) for the sale of production of the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons at a fixed non-index price (including calls on on, or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to (i) represent in respect of such agreements 2.5% or more of the sale Borrower’s average monthly production of production at a fixed price Hydrocarbon volumes and (ii) have a maturity or expiry date of longer than six (6) months from the date hereofEffective Date.

Marketing of Production. Except for contracts listed and in effect as set forth on Schedule 7.19 or on the date hereof on Schedule 7.19most recent certificate delivered pursuant to Section 8.12(b), or hereafter either disclosed in writing neither the Borrower nor any Subsidiary a party to the Administrative Agent or included in the most recently delivered Reserve Report, no any material agreements exist, which are is not cancelable on 90 days’ sixty (60) days notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production 's or any Subsidiary's Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofthereof.

Marketing of Production. Except for contracts listed and in effect as set forth on Schedule 7.19 or on the date hereof on Schedule 7.19most recent certificate delivered pursuant to Section 8.12(b), or hereafter either disclosed in writing neither the Borrower nor any Subsidiary a party to the Administrative Agent or included in the most recently delivered Reserve Report, no any material agreements exist, which are is not cancelable on 90 days’ sixty (60) days notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production or any Subsidiary’s Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofthereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.197.18, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 sixty (60) days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereofhereof or the date of such Reserve Report, as applicable.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.197.18, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, exist which are not cancelable on 90 sixty (60) days’ notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.hereof or the date of such Reserve Report, as applicable. 91

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.197.20, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 60 days’ notice or less without penalty or detrimentpenalty, for the sale of production from the Borrower’s and the other Credit PartiesGroup Members’ Hydrocarbon production Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereof.hereof or the date of such Reserve Report, as applicable. Section 7.21

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 days’ days notice or less without penalty or detriment, for the sale of the Borrower’s and the other Credit Partiesits Restricted Subsidiaries’ Hydrocarbon production (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts agreements listed and in effect on Schedule 4.31 or either consented to by the Agent after the date hereof on Schedule 7.19hereof, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Reportif at any time a Borrower owns Oil and Gas Properties, no material agreements exist, which exist that are not cancelable by the applicable Borrower on 90 60 days’ notice or less without penalty or detriment, detriment for the sale of the production from any Borrower’s and the other Credit Parties’ Hydrocarbon production Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (i) pertain to the sale of production at a fixed price and (ii) have a maturity or expiry date of longer than six (6) months from the date hereof.

Marketing of Production. Except for contracts listed and in effect as set forth on Schedule 7.19 or on the date hereof on Schedule 7.19most recent certificate delivered pursuant to Section 8.11(b), or hereafter either disclosed in writing neither the Borrower nor any Subsidiary a party to the Administrative Agent or included in the most recently delivered Reserve Report, no any material agreements exist, which are is not cancelable on 90 days’ ninety (90) days notice or less without penalty or detriment, detriment for the sale of production from the Borrower’s and the other Credit Parties’ Hydrocarbon production or any Subsidiary’s Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofthereof.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.197.20, or hereafter and thereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 60 days’ notice or less without penalty or detrimentpenalty, for the sale of production from the Borrower’s and the other Credit PartiesGroup Members’ Hydrocarbon production Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofhereof or the date of such Reserve Report, as applicable.

Marketing of Production. Except for contracts listed and in effect on the date hereof on Schedule 7.19, or hereafter either disclosed in writing to the Administrative Agent or included in the most recently delivered Reserve Report, no material agreements exist, which are not cancelable on 90 days’ days notice or less without penalty or detriment, for the sale of the Borrower’s and the other Credit Partiesits Subsidiaries’ Hydrocarbon production (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that pertain to the sale of production at a fixed price and have a maturity or expiry date of longer than six (6) months from the date hereof.