Common use of Documents Required for Subsequent Disbursements Clause in Contracts

Documents Required for Subsequent Disbursements. As of the time of funding any additional advances to Borrower that have been approved by the Bank pursuant to Section 2.01 and are made in conjunction with the addition of Oil and Gas Properties owned by the Borrower to the Borrowing Base Oil and Gas Properties, the Borrower shall have duly delivered to the Bank: (i) the Security Instruments that are necessary or appropriate, in the reasonable opinion of the Bank, relating to such additional Oil and Properties, and (ii) Transfer Order Letters applicable to the production of oil and gas from the such additional Borrowing Base Oil and Gas Properties.

Documents Required for Subsequent Disbursements. As of the time of funding any additional advances to Borrower that have been approved by the Bank Banks pursuant to Section 2.01 and are made in conjunction with the addition of Oil and Gas Properties owned by 37 45 the Borrower to the Borrowing Base Oil and Gas Properties, the Borrower shall have duly delivered to the BankAgent: (i) the Security Instruments that are necessary or appropriate, in the reasonable opinion of the BankAgent, relating to such additional Oil and Properties, and (ii) Transfer Order Letters applicable to the production of oil and gas from the such additional Borrowing Base Oil and Gas Properties.

Documents Required for Subsequent Disbursements. As of the time of funding any additional advances to Borrower that have been approved by the Bank pursuant to Section 2.01 and are made in conjunction with the addition of Oil and Gas Properties owned by the Borrower to the Borrowing Base Oil and Gas Properties, the Borrower shall have duly delivered to the Bank: (i) the Security Instruments that are necessary or appropriate, in the reasonable opinion of the Bank, relating to such additional Oil and Gas Properties, and (ii) Transfer Order Letters applicable to the production of oil and gas from the such any additional Borrowing Base Oil and Gas Properties added to the Borrowing Base Properties.