Foreign Operations. The Borrower and its Restricted Subsidiaries (a) do not have any Foreign Subsidiaries and (b) do not make any material expenditures (whether such expenditure is capital, operating or otherwise) in or related to any Oil and Gas Properties not located within the geographical boundaries, and the territorial waters, of the United States.
Appears in 7 contracts
Samples: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Infinity Natural Resources, Inc.), Credit Agreement (California Resources Corp)
