Common use of Cure of Title Defects Clause in Contracts

Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens raised by such information, or substitute acceptable Oil and Gas Properties of an equivalent value, with no title defects or exceptions except for Excepted Liens, within 60 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 4 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co)

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Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens or Liens otherwise permitted by Section 9.02 raised by such information, or substitute acceptable Oil and Gas Mortgaged Properties of an equivalent value, with no title defects or exceptions except for Excepted LiensLiens or Liens otherwise permitted by Section 9.02 covering Mortgaged Properties of an equivalent value, within 60 90 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 3 contracts

Samples: Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Crimson Exploration Inc.)

Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens raised by such information, or substitute acceptable Oil and Gas Mortgaged Properties with no title defects or exceptions, except for Excepted Liens covering Mortgaged Properties of an equivalent value, with no title defects or exceptions except for Excepted Liens, within 60 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 3 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens raised by such informationthe information described in Section 8.08(a), or substitute as Collateral acceptable Oil and Gas Properties of an equivalent value, with no title defects or exceptions except for Excepted LiensLiens covering Oil and Gas Properties of an equivalent value (but for such title defects or exceptions), within 60 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 2 contracts

Samples: Credit Agreement (Isramco Inc), Credit Agreement (Isramco Inc)

Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens or Liens otherwise permitted by Section 6.02 raised by such information, or substitute acceptable Oil and Gas Mortgaged Properties of an equivalent value, with no title defects or exceptions except for Excepted LiensLiens or Liens otherwise permitted by Section 6.02 covering Mortgaged Properties of an equivalent value, within 60 90 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 2 contracts

Samples: Lien Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Crimson Exploration Inc.)

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Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens or Liens otherwise permitted by Section 9.02 raised by such information, or substitute acceptable Oil and Gas Mortgaged Properties of an equivalent value, with no title defects or exceptions except for Excepted LiensLiens or Liens otherwise permitted by Section 9.02 covering Mortgaged Properties of an equivalent value, within 60 ninety (90) days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 1 contract

Samples: Subordinate Credit Agreement (Crimson Exploration Inc.)

Cure of Title Defects. The Borrower shall cure any title defects or exceptions which are not Excepted Liens or Liens otherwise permitted by Section 9.02 raised by such information, or substitute acceptable Oil and Gas Mortgaged Properties of an equivalent value, with no title defects or exceptions except for Excepted LiensLiens or Liens otherwise permitted by Section 9.02 covering Mortgaged Properties of an equivalent value, within 60 90 days after a request by the Administrative Agent or the Lenders to cure such defects or exceptions.

Appears in 1 contract

Samples: Credit Agreement (Contango Oil & Gas Co)

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