Common use of Title Matters Clause in Contracts

Title Matters. Within sixty (60) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and will cause each Subsidiary to, promptly (but in no event more than sixty (60) days following such mortgaging), furnish, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

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Title Matters. Within sixty (60) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule "6" hereto, Borrower Borrowers shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower Borrowers to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and Borrowers will cause each Subsidiary to, promptly (but in no event more than sixty (60) days following such mortgaging), furnish, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Borrowers to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Title Matters. Within sixty (60) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule "6" hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and will cause each Subsidiary to, promptly (but in no event more than sixty (60) days following such mortgaging), furnish, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary to such Oil and Gas Properties subject only to Permitted Liens.. (t)

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

Title Matters. Within sixty forty-five (6045) days after the Effective Date date hereof ------------- with respect to the Oil and Gas Properties listed on Schedule “6” "8" hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower Borrowers to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and Borrowers will cause each Subsidiary to, promptly (but in no event more than sixty thirty (6030) days following such mortgaging), furnish, if requested, furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Borrowers to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

Title Matters. Within sixty ninety (6090) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” "7" hereto, Borrower Borrowers shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower Borrowers to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and Borrowers will cause each Subsidiary to, promptly (but in no event more than sixty thirty (6030) days following such mortgaging), furnish, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Borrowers to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Title Matters. Within sixty (60) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” "5" hereto, Borrower Borrowers shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower Borrowers to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and Borrowers will cause each Subsidiary to, promptly (but in no event more than sixty (60) days following such mortgaging), furnish, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Borrowers to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Title Matters. Within sixty ninety (6090) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” "7" hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and will cause each Subsidiary to, promptly (but in no event more than sixty thirty (6030) days following such mortgaging), furnish, if requested, furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

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Title Matters. Within sixty ninety (6090) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” "7" hereto, Borrower Borrowers shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower Borrowers to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and Borrowers will cause each Subsidiary to, promptly (but in no event more than sixty thirty (6030) days following such mortgaging), furnish, if requested, furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Borrowers to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Title Matters. Within sixty (60) days after the Effective Date ------------- with respect to the Oil and Gas Properties listed on Schedule “6” "7" hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and will cause each Subsidiary to, promptly (but in no event more than sixty thirty (6030) days following such mortgaging), furnish, if requested, furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

Title Matters. Within sixty (60) days after the Effective Date with respect to the Oil and Gas Properties listed on Schedule “6” "7" hereto, Borrower shall furnish Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible record title of Borrower or a Guarantor to such Oil and Gas Properties subject only to the Permitted Liens. As to any Oil and Gas Properties hereafter mortgaged to Agent, Borrower will, and will cause each Subsidiary to, promptly (but in no event more than sixty (60) days following such mortgaging), furnish, or cause to be furnished, if requested, Agent with title opinions and/or title information reasonably satisfactory to Agent showing good and defensible title of Borrower or a Subsidiary Guarantor to such Oil and Gas Properties subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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