Common use of Gas Balancing Agreements and Advance Payment Contracts Clause in Contracts

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000.

Appears in 7 contracts

Samples: Company Stock Purchase Agreement (Tracinda Corp), Credit Agreement (GeoMet, Inc.), Credit Agreement (GeoMet, Inc.)

AutoNDA by SimpleDocs

Gas Balancing Agreements and Advance Payment Contracts. On As of the date of this AgreementClosing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000250,000.

Appears in 7 contracts

Samples: Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum, Inc.)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (GeoMet, Inc.), Credit Agreement (GeoMet, Inc.)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0002,000,000.

Appears in 5 contracts

Samples: Credit Agreement (GeoMet, Inc.), Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Whiting Petroleum Corp)

Gas Balancing Agreements and Advance Payment Contracts. On As of the date of this AgreementClosing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Loan Party under Advance Payment Contracts which that have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, Allow (a) there is no any Material Gas Imbalance, Imbalance and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not to exceed $500,0001,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co)

Gas Balancing Agreements and Advance Payment Contracts. On As of the date of this AgreementClosing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party Borrower and its Subsidiaries under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000100,000.

Appears in 3 contracts

Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)

Gas Balancing Agreements and Advance Payment Contracts. On Except as set forth on Schedule 6.21, as of the date of this AgreementEffective Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party Borrower under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,00050,000.

Appears in 3 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Venus Exploration Inc), Credit Agreement (Exco Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On As of the date of this AgreementInterim Facility Effective Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Loan Party under Advance Payment Contracts which that have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000250,000.

Appears in 2 contracts

Samples: Credit Agreement (Quicksilver Resources Inc), Credit Agreement (Castle Energy Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this AgreementAgreement and on the Closing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000250,000.

Appears in 2 contracts

Samples: Credit Agreement (Quicksilver Resources Inc), Credit Agreement (Quicksilver Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, and on the Closing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 1 contract

Samples: Credit Agreement (Encore Acquisition Co)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts (excluding the advance payment of carbon dioxide pursuant to the Prior Genesis VPP Transactions) which have not been satisfied by delivery of production does not exceed $500,00020,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party Borrower under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000250,000.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts (excluding the advance payment of carbon dioxide pursuant to the Permitted Genesis VPP Transactions) which have not been satisfied by delivery of production does not exceed $500,00010,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts (excluding the advance payment of carbon dioxide pursuant to the Permitted Genesis VPP Transactions) which have not been satisfied by delivery of production does not exceed $500,0002,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

AutoNDA by SimpleDocs

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, : (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0002,000,000.

Appears in 1 contract

Samples: Credit Agreement (Prize Energy Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which that have not been satisfied by delivery of production does not exceed $500,00025,000.

Appears in 1 contract

Samples: Credit Agreement (Earthstone Energy Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreementhereof, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any the Credit Party Parties under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000300,000.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts (excluding the advance payment of carbon dioxide pursuant to the Genesis VPP Transactions) which have not been satisfied by delivery of production does not exceed $500,0002,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On ------------------------------------------------------ the date of this AgreementAgreement and on the Closing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000250,000.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this AgreementClosing Date, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Gas Balancing Agreements and Advance Payment Contracts. On -------------------------------------------------------- the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party it under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,000100,000.

Appears in 1 contract

Samples: Loan Agreement (TransCoastal Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which that have not been satisfied by delivery of production does not exceed $500,000.

Appears in 1 contract

Samples: Credit Agreement (Credo Petroleum Corp)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this AgreementAgreement and after giving effect to the Chevron Acquisition, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party Borrower under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0001,000,000.

Appears in 1 contract

Samples: Credit Agreement (Denbury Management Inc)

Gas Balancing Agreements and Advance Payment Contracts. On the date of this Agreement, (a) there is no Material Gas Imbalance, and (b) the aggregate amount of all Advance Payments received by any Credit Party under Advance Payment Contracts which have not been satisfied by delivery of production does not exceed $500,0003,000,000.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.