Common use of Change of Purchasers of Production Clause in Contracts

Change of Purchasers of Production. On or before each anniversary of the Closing, and at any other time that the Administrative Agent may so request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each then-current purchaser of production from the Borrowing Base Oil and Gas Properties and, if requested by the Administrative Agent, shall provide the Administrative Agent with Transfer Order Letters executed by the Borrower and addressed to such purchasers of production.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Energy Partners LTD), Credit Agreement (Energy Partners LTD), Revolving Credit Agreement (Energy Partners LTD)

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Change of Purchasers of Production. On or before each anniversary of the Closing, and at any other time that the Administrative Agent may so request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each then-current purchaser of production from the Borrowing Base Oil and Gas Properties and, if requested by the Administrative Agent, shall provide the Administrative Agent with Transfer Order Letters executed by the Borrower and addressed to such purchasers of production.

Appears in 2 contracts

Samples: Reducing Revolving Credit Agreement (Energy Partners LTD), Reducing Revolving Credit Agreement (Energy Partners LTD)

Change of Purchasers of Production. On or before each anniversary of the Closing, and at any other time that the Administrative Agent may so request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each then-current purchaser of production from the Borrowing Base Oil and Gas Properties and, if requested by the Administrative Agent, shall provide the Administrative Agent or Collateral Agent with Transfer Order Letters executed by the Borrower or any Guarantor, as applicable, and addressed to such purchasers of production.

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

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Change of Purchasers of Production. On or before each anniversary of the Closing, and at any other time that the Administrative Agent may so request in writing, the Borrower shall notify the Administrative Agent in writing of the identity and address of each then-current purchaser of production from the Borrowing Base Oil and Gas Properties Collateral Assets and, if requested by the Administrative Agent, shall provide the Administrative Agent with Transfer Order Letters executed by the Borrower and addressed to such purchasers of production.

Appears in 1 contract

Samples: Term and Revolving Credit Agreement (Continental Resources Inc)

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