Common use of Change of Purchasers of Production Clause in Contracts

Change of Purchasers of Production. Concurrently with the delivery of (and as part of) the annual Compliance Certificate, and at any other time that the Administrative Agent may reasonably request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each Person who: (a) has purchased any of the Borrower’s or any other Loan Party’s interests in oil and gas produced from the Borrowing Base Oil and Gas Properties during the six calendar months preceding such anniversary of the Closing, and (b) are considered by Borrower or another Loan Party to be potential future purchasers of Borrower’s or any other Loan Party’s interest in oil and gas produced from the Borrowing Base Oil and Gas Properties.

Appears in 3 contracts

Samples: Credit Agreement (Quest Energy Partners, L.P.), Credit Agreement (Quest Energy Partners, L.P.), Credit Agreement (Quest Resource Corp)

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Change of Purchasers of Production. Concurrently with the delivery of (and as part of) the annual Compliance Certificate, and at any other time that the Administrative Agent may reasonably request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each Person who: (a) has purchased any of the Borrower’s or any other Loan Party’s interests in oil and gas produced from the Borrowing Base Oil and Gas Properties during the six calendar months preceding such anniversary of the ClosingClosing Date, and (b) are considered by Borrower or another Loan Party to be potential future purchasers of Borrower’s or any other Loan Party’s interest in oil and gas produced from the Borrowing Base Oil and Gas Properties.

Appears in 2 contracts

Samples: Assignment and Assumption (Quest Energy Partners, L.P.), Assignment and Assumption (Quest Resource Corp)

Change of Purchasers of Production. Concurrently with the delivery of (and as part of) the annual Compliance Certificate, and at any other time that the Administrative Agent may reasonably request in writing, the Borrower Borrowers shall notify the Administrative Agent in writing of the identity and address of each Person who: (a) has purchased any of the any Borrower’s or any other Loan Party’s interests in oil and gas produced from the Borrowing Base Oil and Gas Properties during the six calendar months preceding such anniversary of the Closing, and (b) are considered by Borrower Borrowers or another Loan Party to be potential future purchasers of any Borrower’s or any other Loan Party’s interest in oil and gas produced from the Borrowing Base Oil and Gas Properties.

Appears in 1 contract

Samples: Credit Agreement (PostRock Energy Corp)

Change of Purchasers of Production. Concurrently with the delivery of (and as part of) the annual Compliance Certificate, and at any other time that the Administrative Agent may reasonably request in writing, the Borrower Borrowers shall notify the Administrative Agent in writing of the identity and address of each Person who: (a) has purchased any of the any Borrower’s or any other Loan Party’s interests in oil and gas produced from the Borrowing Base Oil and Gas Properties during the six calendar months preceding such anniversary of the Closing, and (b) are considered by Borrower Borrowers or another Loan Party to Borrowing Base Credit Agreement be potential future purchasers of any Borrower’s or any other Loan Party’s interest in oil and gas produced from the Borrowing Base Oil and Gas Properties.

Appears in 1 contract

Samples: Credit Agreement (PostRock Energy Corp)

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Change of Purchasers of Production. Concurrently with the delivery of (and as part of) the annual Compliance Certificate, and at any other time that the Administrative Agent may reasonably request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each Person who: (a) has purchased any of the Borrower’s or any other Loan Party’s interests in oil and gas produced from the Borrowing Base Oil and Gas Properties during the preceding six calendar months preceding such anniversary of the Closingmonths, and (b) are considered by Borrower or another Loan Party to be potential future purchasers of Borrower’s or any other Loan Party’s interest in oil and gas produced from the Borrowing Base Oil and Gas Properties.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

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