Common use of Contents of Forecast Clause in Contracts

Contents of Forecast. (A) Each Forecast will set out or include: (i) the Technical Assumptions and Economic Assumptions upon which the Forecast is based (including, without limitation, on product prices); (ii) an updated Model; (iii) the calculation of the Borrowing Base Amount; (iv) the calculation of any mandatory prepayment required because the aggregate of outstandings under the Facility exceeds the Borrowing Base Amount; (v) calculations of the Field Life Cover Ratio and the Loan Life Cover Ratio; (vi) the calculation of the Reserve Tail Date; (vii) the aggregate economically recoverable proved (1P) reserves and the proved and probable (2P) reserves remaining to be produced from the Borrowing Base Assets (reflecting any updated reserves report produced by the Reserves Consultant in respect of that Forecast, or if no such updated reserves report has been produced, reflecting the immediately preceding reserves report as may be updated by the Original Borrower with the agreement of the Technical Consultant and the Technical and Modelling Bank (acting reasonably); (viii) the revised Amortisation Schedule (if required) or confirmation that no revision to the Amortisation Schedule is required pursuant to Clause 9.2 (Amendment to Amortisation Schedule); and (ix) such other reasonable information as the Technical and Modelling Bank may reasonably require. (B) All projections and calculations to be made under this Clause shall be expressed and made in US Dollars (at the Facility Agent's spot rate of exchange at the time if so required (which the Facility Agent will provide promptly on request)).

Contents of Forecast. (A) Each Forecast will set out or include: (i) the Technical Assumptions and Economic Assumptions upon which the Forecast is based (including, without limitation, on product prices)based; (ii) an updated Project Model; (iii) the calculation of the Borrowing Base Amount; (iv) the calculation of any mandatory prepayment required because the aggregate of outstandings under the Facility Senior Facilities exceeds the Borrowing Base Amount; (v) if the Forecast is prepared on or before the expiration of the Senior Availability Period, confirmation that the Funding Sufficiency Ratio is greater than 1:1, and that Kosmos does not reasonably anticipate the Funding Sufficiency Ratio being less than 1:1 in the future; (vi) calculations of the Field Life Cover Ratio and the Loan Life Cover Ratio, together with, after Project Completion, the DSCR; (vivii) the calculation of the Reserve Tail Date; (viiviii) the aggregate economically recoverable proved (1P) reserves and the proved and probable (2P) reserves remaining to be produced from the Borrowing Base Assets (reflecting any updated reserves report produced by the Reserves Consultant in respect of that Forecast, or if no such updated reserves report has been produced, reflecting the immediately preceding reserves report as may be updated by the Original Borrower Kosmos with the agreement of the Technical Consultant and the Technical and Modelling Bank (acting reasonably)); (viiiix) the revised Amortisation Schedule (if required) or confirmation that no revision to the Amortisation Schedule is required pursuant to Clause 9.2 clause 9.4 (Amendment to Amortisation Schedule); and (ixx) such other reasonable information as the Technical and Modelling Bank or the Senior Facility Agent may reasonably require. (B) All projections and calculations to be made under this Clause clause shall be expressed and made in US Dollars (at the Senior Facility Agent's ’s, on or after the Senior Discharge Date, the Junior Facility Agent’s, spot rate of exchange at the time if so required (which the such Facility Agent will provide promptly on request)).

Contents of Forecast. (A) Each Forecast will set out or include: (i) the Technical Assumptions and Economic Assumptions upon which the Forecast is based (including, without limitation, on product prices); (ii) an updated Model; (iii) the calculation of the Borrowing Base Amount; (iv) the calculation of any mandatory prepayment required because the aggregate of outstandings under the Facility exceeds the Borrowing Base Amount; (v) calculations of the Field Life Cover Ratio and the Loan Life Cover Ratio; (vi) the calculation of the Reserve Tail Date; (vii) the aggregate economically recoverable proved (1P) reserves and the proved and probable (2P) reserves remaining to be produced from the Borrowing Base Assets (reflecting any updated reserves report produced by the Reserves Consultant in respect of that Forecast, or if no such updated reserves report has been produced, reflecting the immediately preceding reserves report as may be updated by the Original Borrower with the agreement of the Technical Consultant and the Technical and Modelling Bank (acting reasonably); (viii) the revised Amortisation Schedule (if required) or confirmation that no revision to the Amortisation Schedule is required pursuant to Clause clause 9.2 (Amendment to Amortisation Schedule); and (ix) such other reasonable information as the Technical and Modelling Bank may reasonably require. (B) All projections and calculations to be made under this Clause clause shall be expressed and made in US Dollars (at the Facility Agent's spot rate of exchange at the time if so required (which the Facility Agent will provide promptly on request)).

Contents of Forecast. (A) Each Forecast will set out or include: (i) the Technical Assumptions and Economic Assumptions upon which the Forecast is based (including, without limitation, on product prices); (ii) an updated Model; (iii) the calculation of the Borrowing Base Amount and, if applicable (or if the Borrower otherwise requires), a reserves and/or resources report in relation to the Aggregate Resource Bridge Amount; (iv) the calculation of any mandatory prepayment required because the aggregate of outstandings under the Facility exceeds the Borrowing Base Amount; (v) calculations of the Field Life Cover Ratio and the Loan Life Cover Ratio; (vi) the calculation of the Reserve Tail Date; (viia) the aggregate economically recoverable proved (1P) reserves and the proved and probable (2P) reserves remaining to be produced from the Borrowing Base Assets (reflecting any updated reserves report produced by the Reserves Consultant in respect of that Forecast, or if no such updated reserves report has been produced, reflecting the immediately preceding reserves report as may be updated by the Original Borrower Kosmos with the agreement of the Technical Consultant and the Technical and Modelling Bank (acting reasonably); (b) the aggregate remaining best estimate contingent (2C) reserves and the proved and probable (2P) reserves remaining to be produced from the Resource Bridge Assets (reflecting any updated reserves and/or resources report produced by the Reserves Consultant in respect of that Forecast; (viii) the revised Amortisation Schedule (if required) or confirmation that no revision to the Amortisation Schedule is required pursuant to Clause clause 9.2 (Amendment to Amortisation Schedule); and (ix) such other reasonable information as the Technical and Modelling Bank or the Facility Agent may reasonably require. (B) All projections and calculations to be made under this Clause clause shall be expressed and made in US Dollars (at the Facility Agent's ’s spot rate of exchange at the time if so required (which the Facility Agent will provide promptly on request)).

Contents of Forecast. (A) Each Forecast will set out or include: (i) the Technical Assumptions and Economic Assumptions upon which the Forecast is based (including, without limitation, on product prices); (ii) an updated Model; (iii) the calculation of the Borrowing Base Amount; (iv) the calculation of any mandatory prepayment required because the aggregate of outstandings under the Facility exceeds the Borrowing Base Amount; (v) calculations of the Field Life Cover Ratio and the Loan Life Cover Ratio; (vi) the calculation of the Reserve Tail Date; (vii) the aggregate economically recoverable proved (1P) reserves and the proved and probable (2P) reserves remaining to be produced from the Borrowing Base Assets (reflecting any updated reserves report produced by the Reserves Consultant in respect of that Forecast, or if no such updated reserves report has been produced, reflecting the immediately preceding reserves report as may be updated by the Original Borrower with the agreement of the Technical Consultant and the Technical and Modelling Bank (acting reasonably); (viii) the revised Amortisation Schedule (if required) or confirmation that no revision to the Amortisation Schedule is required pursuant to Clause clause 9.2 (Amendment to Amortisation Schedule); and (ix) such other reasonable information as the Technical and Modelling Bank may reasonably require. (B) All projections and calculations to be made under this Clause clause shall be expressed and made in US Dollars (at the Facility Agent's ’s spot rate of exchange at the time if so required (which the Facility Agent will provide promptly on request)).