Common use of Compliance with Agreements and Law Clause in Contracts

Compliance with Agreements and Law. Borrower will perform all obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Properties or Borrower’s ability to perform its obligations under this Agreement. Borrower will in all respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 3 contracts

Samples: Credit Agreement (Recovery Energy, Inc.), Credit Agreement (Recovery Energy, Inc.), Credit Agreement (Recovery Energy, Inc.)

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Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Borrowing Base Properties or Borrower’s ability to perform its obligations under this Agreement. Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 3 contracts

Samples: Credit Agreement (St Lawrence Seaway Corp), Credit Agreement (Pyr Energy Corp), Credit Agreement (Carbon Energy Corp)

Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Borrowing Base Properties or Borrower’s 's ability to perform its obligations under this Agreement. Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 2 contracts

Samples: Credit Agreement (Basin Exploration Inc), Credit Agreement (Columbus Energy Corp)

Compliance with Agreements and Law. Borrower will perform ---------------------------------- all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Borrowing Base Properties or Borrower’s 's ability to perform its obligations under this Agreement. Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Credit Agreement (Pennaco Energy Inc)

Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon any of the Oil and Gas Borrowing Base Properties or Borrower’s 's ability to perform its obligations under this Agreement. Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Credit Agreement (Infinity Inc)

Compliance with Agreements and Law. Each Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Properties Borrowing Base Properties, the Pledged Securities or such Borrower’s 's ability to perform its obligations under this Agreement. Each Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Credit Agreement (Hallador Petroleum Co)

Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound bound, in such a way that they result in no material adverse effect upon the Oil and Gas Properties Collateral or Borrower’s 's ability to perform its obligations under this Agreement. Borrower Each Obligated Person will in all respects conduct its business and affairs in compliance in all material respects with all laws, regulations, and orders applicable thereto (including without limitation those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Revolving Credit Agreement (Foreland Corp)

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Compliance with Agreements and Law. Borrower will perform all obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect Material Adverse Change upon the Oil and Gas Borrowing Base Properties or Borrower’s 's ability to perform its obligations under this Agreement. Borrower will in all respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Credit Agreement (Kodiak Oil & Gas Corp)

Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound in such a way that they result in no material adverse effect upon the Oil and Gas Borrowing Base Properties or Borrower’s the ability of Borrower to perform its obligations under or in connection with this Agreement. Borrower will in all material respects conduct its business and affairs in compliance with all laws, regulations, and orders applicable thereto (including those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Credit Agreement (Carbon Energy Corp)

Compliance with Agreements and Law. Borrower will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound bound, in such a way that they result in no material adverse effect upon the Oil and Gas Properties Collateral or Borrower’s 's ability to perform its obligations under this Agreement. Borrower will in all respects conduct its business and affairs in compliance in all material respects with all laws, regulations, and orders applicable thereto (including without limitation those relating to pollution and other environmental matters).

Appears in 1 contract

Samples: Secured Term Loan and Revolving Credit Agreement (Georesources Inc)

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