Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas Properties that would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons produced from their respective Gas Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregate.
Appears in 5 contracts
Samples: Credit Agreement (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp), Credit Agreement (CNX Resources Corp)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any of the Loan Parties’ Gas Properties that would require any of the Borrower or any Restricted Subsidiary Loan Parties to deliver Hydrocarbons produced from their respective Gas Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregate.
Appears in 3 contracts
Samples: Revolving Credit Facility (CONSOL Energy Inc), Revolving Credit Facility (CNX Gas Corp), Credit Agreement (Consol Energy Inc)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Oil and Gas Properties that would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons produced from their respective Oil and Gas Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregate.
Appears in 3 contracts
Samples: Revolving Credit Facility (CNX Resources Corp), Revolving Credit Facility (CNX Resources Corp), Credit Agreement (CNX Resources Corp)
Gas Imbalances. There To Borrower’s knowledge, on a net basis there are no gas imbalancesGas Imbalances, take or pay obligations, or other prepayments with respect to any Oil and Gas Properties that which would require the Borrower or any Restricted Subsidiary Loan Party to deliver Hydrocarbons produced from their respective such Oil and Gas Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefor.
Appears in 2 contracts
Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas of the Borrowing Base Properties that which would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons Oil and Gas produced from their respective Gas any of the Borrowing Base Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. exceeding .5 Bcf of gas (on an Bcf equivalent basis) in the aggregate.
Appears in 2 contracts
Samples: Credit Agreement (Cinco Resources, Inc.), Credit Agreement (Cinco Resources, Inc.)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas of the Mortgaged Properties that in excess of $500,000 which would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons Oil and Gas produced from their respective Gas any of the Mortgaged Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefor.
Appears in 2 contracts
Samples: Credit Agreement (Stroud Energy Inc), Credit Agreement (Stroud Energy Inc)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas of the Borrowing Base Properties that in excess of $100,000 which would require any of the Borrower or any Restricted Subsidiary Credit Parties to deliver Hydrocarbons oil and gas produced from their respective Gas any of the Borrowing Base Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefore.
Appears in 1 contract
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas of the Mortgaged Properties that in excess of $50,000 which would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons Oil and Gas produced from their respective Gas any of the Mortgaged Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefor.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Stroud Energy Inc)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any of the leases described in the Oil and Gas Properties that Mortgages which would require the Borrower or any Restricted Subsidiary to deliver Hydrocarbons delivery of hydrocarbons produced from their respective Gas Properties such leases at some time in the future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefor.
Appears in 1 contract
Samples: Loan Agreement (Trek Resources Inc)
Gas Imbalances. There are no gas imbalances, take or pay obligations, or other prepayments with respect to any Gas of the Mortgaged Properties that in excess of $50,000 which would require the Borrower or any Restricted Subsidiary Credit Party to deliver Hydrocarbons Oil and Gas produced from their respective Gas any of the Mortgaged Properties at some future time without then or promptly thereafter receiving full payment therefor which would exceed 250,000 m.c.f. in the aggregatetherefor.
Appears in 1 contract
