Annual Independent Engineering Report Sample Clauses

Annual Independent Engineering Report within 90 days after the end of each of the Canadian Borrower’s fiscal years, an Engineering Report, effective as of the immediately preceding December 31, prepared by an Independent Engineer; and
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Annual Independent Engineering Report on or prior to March 31 of each year, an Engineering Report, effective as of the immediately preceding December 31, prepared by an Independent Engineer, together with the lease operating statements of the Borrower for the immediately preceding 12 months;
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Annual Independent Engineering Report. By September 1 of each year, commencing September 1, 2009, an Engineering Report prepared as of the preceding July 1 by an independent petroleum engineers chosen by the Borrower and reasonably acceptable to the Administrative Agent, concerning all Oil and Gas Properties and interests owned by any Restricted Person which are located in or offshore of the United States and which have attributable to them proved oil or gas reserves. This report shall be satisfactory in scope and form to the Administrative Agent in its sole and absolute discretion, shall take into account any “over-produced” status under gas balancing arrangements, and shall contain information and analysis comparable in scope to that contained in the Initial Engineering Report). This report shall distinguish (or shall be delivered together with a certificate from an appropriate officer of the Borrower which distinguishes) those properties treated in the report which are Collateral from those properties treated in the report which are not Collateral.
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Annual Independent Engineering Report within 90 days after the end of each of its fiscal years, an Engineering Report, effective as of the immediately preceding December 31, prepared by an Independent Engineer;
Sample 1

Related to Annual Independent Engineering Report

  • Annual Independent Public Accountants’ Reports (a) The Servicer shall cause a firm of nationally recognized independent certified public accountants (the “Independent Accountants”), who may also render other services to the Servicer or its Affiliates, to deliver to the Trustee, the Owner Trustee and the Trust Collateral Agent, on or before March 31 (or 90 days after the end of the Issuer’s fiscal year, if other than December 31) of each year, beginning on March 31, 2020, a report, dated as of December 31 of the preceding calendar year, addressed to the board of directors of the Servicer, providing its attestation report on the servicing assessment delivered pursuant to Section 4.10(c), including disclosure of any material instance of non-compliance, as required by Rule 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation AB. Such attestation will be in accordance with Rules 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities Act and the Exchange Act.

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