Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes held by the Assignor and (ii) notify the Agent to request that the Borrowers execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 3 contracts
Samples: Credit Agreement (KCS Energy Inc), Credit Agreement (KCS Energy Inc), Credit Agreement (KCS Energy Inc)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 3 contracts
Samples: Credit Agreement (Petrocorp Inc), Credit Agreement (Howell Corp /De/), Credit Agreement (Louis Dreyfus Natural Gas Corp)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes Note held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 2 contracts
Samples: Credit Agreement (Miller Exploration Co), Credit Agreement (Brigham Exploration Co)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Maximum Facility A Credit Amounts and Facility B Commitments of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 2 contracts
Samples: Credit Agreement (Howell Corp /De/), Credit Agreement (Howell Corp /De/)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes Note held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, Assignor (if the Assignor continues to be a Lender, ) and the Assignee, Assignee dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Samples: Credit Agreement (DLB Oil & Gas Inc)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Administrative Agent (or its counsel) the Notes Note held by the Assignor and (ii) notify the Administrative Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Revolving Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Samples: Credit Agreement (Isramco Inc)
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Maximum Facility Amounts A Credit Amount and Maximum Facility B Credit Amount of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Administrative Agent (or its counsel) the Notes Note held by the Assignor and (ii) notify the Administrative Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Delivery of Notes. Promptly following the receipt by the Assignor of ----------------- the consideration required to be paid under Section 3.1 hereof, the Assignor ----------- shall, in the manner contemplated by Section 9.1(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes Note held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement Assignment Date in respective principal amounts equal to the respective Total Facility Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Delivery of Notes. Promptly following the receipt by the Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Amounts Maximum Credit Amount of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Delivery of Notes. Promptly following the receipt by the ----------------- Assignor of the consideration required to be paid under Section 3.1 3.01 hereof, the Assignor shall, in the manner contemplated by Section 9.1(b12.06(b) of the Credit Agreement, (i) deliver to the Agent (or its counsel) the Notes Note[s] held by the Assignor and (ii) notify the Agent to request that the Borrowers Borrower execute and deliver new Notes to the Assignor, if the Assignor continues to be a Lender, and the Assignee, dated the date of this Agreement in respective principal amounts equal to the respective Total Facility Maximum Revolving Credit Amounts of the Assignor (if appropriate) and the Assignee after giving effect to the sale, assignment and transfer contemplated hereby.
Appears in 1 contract
Samples: Credit Agreement (Aroc Inc)