Division Orders. The Borrowers shall promptly upon request by the Agent at any time and from time to time following the occurrence of any Event of Default and without limitations on the rights of the Agent in accordance with Section 6(c) hereof, execute such division and/or transfer orders as are necessary or appropriate to transfer and deliver to the Agent for the ratable benefit of the Banks proceeds from the sale of hydrocarbon production from or attributable to any Oil and Gas Property; provided, however, that the Banks shall only send or deliver such division orders and/or transfer orders in accordance with Section 6(c) hereof.
Division Orders. In the event any Party signs a division order in favor of the other Party pertaining to the object of the Agreement, terms of the Agreement shall supersede the terms of such division order to the extent that there may be a conflict between the two.
Division Orders. The Borrower shall upon reasonable request and from time to time following the occurrence of any Event of Default provide division orders on its Oil and Gas Properties mortgaged hereunder and execute such division and/or transfer orders as are necessary or appropriate to transfer and deliver to the Lender proceeds from the sale of Hydrocarbon production from or attributable to any Oil and Gas Property; provided, however, that the Lenders shall only send or deliver such division orders and/or transfer orders in accordance with Section 4.26 hereof.
Division Orders. Owner hereby confirms Manager may receive, review, approve, amend, dispute, correct and contest any and all division orders, indemnifying division orders, amended division orders, transfer orders or amended transfer orders relating to the Royalty Interests, and Owner hereby confirms that Manager may bring legal action to correct any error contained in any such document.
Division Orders. Promptly upon request by the Lender at any time and from time to time following the occurrence of any Event of Default and without limitation on the rights of the Lender in accordance with Sections 2.14 and 2.15, execute such division and/or transfer orders as are necessary or appropriate to transfer and deliver to the Lender proceeds from the sale of hydrocarbon production from or attributable to any Mortgaged Property, provided, however, that such letters shall only be delivered to the addressees thereof in accordance with Subsection 2.14 of this Agreement.
Division Orders. Promptly upon request by the Lender at any time and --------------- from time to time following the occurrence of any Event of Default and without limitation on the rights of the Lender in accordance with Sections 2.15 and ----------------- 2.16, execute such division and/or transfer orders as are necessary or ---- appropriate to transfer and deliver to the Lender proceeds from the sale of hydrocarbon production from or attributable to any Mortgaged Property; provided, -------- however, that such letters shall only be delivered to the addressees thereof in ------- accordance with Section 2.15 of this Agreement. ------------
Division Orders. Lessee’s division orders shall only contain those terms prescribed in the form of division order for oil in the Texas Natural Resources Code.
Division Orders. The Borrowers shall within sixty (60) days of closing and from time to time following the occurrence of any Event of Default and without limitations on the rights of Agent in accordance with Section 4(c) above, provide division orders on oil and gas properties mortgaged hereunder and execute such division and/or transfer orders as are necessary or appropriate to transfer and deliver to Agent for the ratable benefit of the Banks proceeds from the sale of hydrocarbon production from or attributable to any Oil and Gas Property; provided, however, that the Banks shall only send or deliver such division orders and/or transfer orders in accordance with Section 4(c) above.
Division Orders. Promptly upon request by the Lender at any time and from time to time following the occurrence of any Event of Default and without limitation on the rights of the Lender in accordance with Sections 2.13 and 2.14, execute such division and/or transfer orders as are necessary or appropriate to transfer and deliver to the Lender proceeds from the sale of hydrocarbon production from or attributable to any Mortgaged Property.
Division Orders. 42 12.26 Take or Pay Agreement............................................42
