Common use of Governmental Matters Clause in Contracts

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting Group Members thereof not previously disclosed in writing to the Lenders or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders) that, in either case, if adversely determined, could reasonably be expected to result in a Material Adverse Effect;

Appears in 8 contracts

Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Revolving Credit Agreement (Diversified Energy Co PLC)

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Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting Group Members the Borrower or any Affiliate thereof not previously disclosed in writing to the Lenders or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders) that, in either case, if adversely determined, Lenders that could reasonably be expected to be adversely determined and result in a Material Adverse Effect;liability in excess of the greater of $5,000,000 not fully covered by insurance, subject to normal deductibles; and

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp)

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting Group Members thereof not previously disclosed in writing to the Lenders Holders or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the LendersHolders) that, in either case, if adversely determined, could reasonably be expected to result in a Material Adverse Effect;

Appears in 2 contracts

Samples: Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.)

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting Group Members thereof any of the Loan Parties not previously disclosed in writing to the Lenders Administrative Agent or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the LendersAdministrative Agent) that, in either case, if adversely determined, could would reasonably be expected to result in a Material Adverse Effect;

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp), Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, notice, proceeding, investigation or arbitration (alleging, without limitation, Environmental Liability) by or before any arbitrator or Governmental Authority against or affecting Group Members thereof the Borrower or any Restricted Subsidiary not previously disclosed in writing to the Lenders or any material adverse development in any such action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders) that, in either case, if adversely determined, could would reasonably be expected to result in a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement

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Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority (including under Environmental Law) against or affecting Group Members thereof the Borrower or any Restricted Subsidiary not previously disclosed in writing to the Lenders or any material adverse development in any such action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the Lenders) that, in either case, if adversely determined, could would reasonably be expected to result in a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Forest Oil Corp)

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting Group Members thereof not previously disclosed in writing to the Lenders HoldersPurchasers or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the LendersHoldersPurchasers ) that, in either case, if adversely determined, could reasonably be expected to result in a Material Adverse Effect;

Appears in 1 contract

Samples: Note Purchase Agreement (Silverbow Resources, Inc.)

Governmental Matters. The filing or commencement of, or the threat in writing of, any action, suit, proceeding, investigation or arbitration by or before any arbitrator or Governmental Authority against or affecting any of the Group Members thereof not previously disclosed in writing to the Lenders Administrative Agent or any material adverse development in any action, suit, proceeding, investigation or arbitration (whether or not previously disclosed to the LendersAdministrative Agent) that, in either case, if adversely determined, could would reasonably be expected to result in a Material Adverse Effect;; and (c)

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Lilis Energy, Inc.)

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