Common use of Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral Clause in Contracts

Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral. With the delivery of each Reserve Report, a certificate of a Responsible Officer certifying that a Loan Party owns good and defensible title (i) to the Proved Reserves evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties], and (ii) to the Proved Gas Collateral evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties] and attaching thereto a schedule of the Proved Reserves (and identifying all xxxxx thereon) evaluated by such Reserve Report that are part of the Proved Gas Collateral, and demonstrating the percentage of the Borrowing Base Properties that the value of such Proved Gas Collateral represents, identifying the title reports and information then or previously delivered to the Administrative Agent with respect to the Proved Gas Collateral and verifying that title reports and information have been then or previously provided for 75% of the total present value of the Proved Reserves included in the Borrowing Base Properties.

Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral. With the delivery of each Reserve ReportReport (other than the Reserve Report delivered on or prior to the Closing Date, in which case, within 120 days after the Closing Date), the Borrower shall provide to the Administrative Agent and the Lenders a certificate of from a Responsible Officer certifying that a Loan Party owns good and defensible title (i) to the Proved Reserves evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a6.1.8(a) [Title to Properties], and (ii) to the Proved Gas Collateral evaluated by such Reserve Report free and clear of all Liens except Permitted Mortgage Liens and subject to the proviso in Section 6.8(a6.1.8(a) [Title to Properties] and attaching thereto a schedule of the Proved Reserves (and identifying all xxxxx thereon) evaluated by such Reserve Report that are part of the Proved Gas Collateral, and demonstrating the percentage of the Borrowing Base Properties that the value of such Proved Gas Collateral represents, identifying the title reports and information then or previously delivered to the Administrative Agent with respect to the Proved Gas Collateral and verifying that title reports and information have been then or previously provided for 75% of the total present value of the Proved Reserves included in the Borrowing Base Properties.

Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral. With the delivery of each Reserve Report, a certificate of a Responsible Officer certifying that a Loan Party owns good and defensible title (i) to the Proved Reserves evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties], and (ii) to the Proved Gas Collateral evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties] and attaching thereto a schedule of the Proved Reserves (and identifying all xxxxx thereon) evaluated by such Reserve Report that are part of the Proved Gas Collateral, and demonstrating the percentage of the Borrowing Base Properties that the value of such Proved Gas Collateral represents, identifying the title reports and information then or previously delivered to the Administrative Agent with respect to the Proved Gas Collateral and verifying that title reports and information have been then or previously provided for 75(x) 80% of the total present value of the Proved Reserves and (y) 80% of the PV10 value of the Proved Developed Producing Reserves included in the Borrowing Base Properties.

Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral. With the delivery of each Reserve Report, the Borrower shall provide to the Administrative Agent and the Lenders a certificate of from a Responsible Officer certifying that a Loan Party owns good and defensible title (i) to the Proved Reserves evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a6.1.8(a) [Title to Properties], and (ii) to the Proved Gas Collateral evaluated by such Reserve Report free and clear of all Liens except Permitted Mortgage Liens and subject to the proviso in Section 6.8(a6.1.8(a) [Title to Properties] and attaching thereto a schedule of the Proved Reserves (and identifying all xxxxx thereon) evaluated by such Reserve Report that are part of the Proved Gas Collateral, and demonstrating the percentage of the Borrowing Base Properties that the value of such Proved Gas Collateral represents, identifying the title reports and information then or previously delivered to the Administrative Agent with respect to the Proved Gas Collateral and verifying that title reports and information have been then or previously provided for 75% of the total present value of the Proved Reserves included in the Borrowing Base Properties.

Borrower’s Certificate as to Proved Reserves and Proved Gas Collateral. With the delivery of each Reserve Report, a certificate of a Responsible Officer certifying that a Loan Party owns good and defensible title (i) to the Proved Reserves evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties], and (ii) to the Proved Gas Collateral evaluated by such Reserve Report free and clear of all Liens except Permitted Liens and subject to the proviso in Section 6.8(a) [Title to Properties] and attaching thereto a schedule of the Proved Reserves (and identifying all xxxxx thereon) evaluated by such Reserve Report that are part of the Proved Gas Collateral, and demonstrating the percentage of the Borrowing Base Properties that the value of such Proved Gas Collateral represents, identifying the title reports and information then or previously delivered to the Administrative Agent with respect to the Proved Gas Collateral and verifying that title reports and information have been then or previously provided for 75(x) 85% of the total present value of the Proved Reserves and (y) 80% of the PV10 value of the Proved Developed Producing Reserves included in the Borrowing Base Properties.