Independent Engineering Report Sample Clauses

Independent Engineering Report. The Companies have delivered to the Purchasers, in form satisfactory to the Purchasers, results of the Initial Independent Engineering Report on the fields and properties listed therein or attached thereto (the "EVALUATED PROPERTIES") in which the Companies will have interests as of the Closing Date. The Initial Independent Engineering Report is the latest engineering report available to the Companies relating to the Evaluated Properties. To the knowledge of the Responsible Officers, the Companies have provided no materially false or misleading information to and have not withheld from the engineer preparing or who prepared the Initial Independent Engineering Report any material information with respect to the preparation of the Independent Engineering Report. The Responsible Officers and the officers of Refining are not aware of any facts or circumstances that should reasonably cause the Companies to conclude that (i) any of the information that was supplied by the Companies to the Independent Engineer in connection with its preparation of the Independent Engineering Report was not correct or (ii) the Independent Engineering Report is incorrect in any material respect.

Independent Engineering Report. As soon as available after the end of each calendar year, but in any event no later than March 1 of each such year, the Companies, at their expense, shall promptly furnish, or cause to be promptly furnished, to the Purchasers, an annual Independent Engineering Report.

Independent Engineering Report. On or before April 30 of each year, an Independent Engineering Report covering all of the proved Oil and Gas Properties and dated not earlier than December 31 of the immediately preceding year (together, if requested, with such other reports received or prepared by the Harvest Parties relating to their reserves in connection with the preparation of their Oil and Gas Properties disclosure required by applicable Law).

Independent Engineering Report. As and when same otherwise becomes available to the Borrower, the Borrower will deliver to the Agent any Independent Engineering Report that is produced which covers any or all of the proved Oil and Gas Properties of the Harvest Parties (together, if requested, with such other reports received or prepared by the applicable Harvest Parties relating to their reserves in connection with the preparation of their Oil and Gas Properties disclosure required by applicable Law).

Independent Engineering Report. The reference in Section 6.2(d) of the Original Agreement to “85%”, contained in the phrase “prepared with respect to not less than 70% of the reserve volume of the Company and its Subsidiaries (but in any event, not less than 85% of the reserve volume used in the determination of the Collateral Value with respect to such Evaluation Date) by independent petroleum engineers chosen by the Company and acceptable to the Majority Lenders”, is hereby amended to read “70%”. 5 [FIFTH AMENDMENT TO SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT]

Independent Engineering Report. Inspection of Property; Books and Records; Discussions........................................23 8.6 Conduct of Business and Maintenance of Existence..............................................23 8.7 Maintenance of Property; Insurance............................................................23 8.8 Directors' and Officers' Insurance............................................................24 8.9 Taxes.........................................................................................24 8.10

Independent Engineering Report. 10 3.5 Litigation.......................................................... 11 3.6 Absence of Undisclosed Liability.................................... 11 3.7

Independent Engineering Report. The Borrowers shall furnish to the Agent (for distribution to the Lenders) an Independent Engineering Report: (i) together with any Request for an Offer of Extension, or in any event prior to March 31 (or such other date as may be agreed by the Required Lenders) of any year in which a Request for an Offer of Extension is not made, which Independent Engineering Report shall be dated effective as of a date not earlier than December 31 of the immediately preceding year; (ii) if the Required Lenders have provided notice pursuant to Section 2.4(e) that in order for them to conduct the redetermination thereunder, the Required Lenders have determined (acting reasonably) that an Independent Engineering Report is required, in which case a new Independent Engineering Report shall be delivered within sixty (60) days after issuance of such notice and shall be effective not earlier than ninety (90) days prior to the date of such notice; and (iii) if the Required Lenders have provided notice that they are making a redetermination of the Borrowing Base pursuant to Section 2.4(e)(iii) and have determined (acting reasonably) that an Independent Engineering Report is required in order to make such redetermination, in which case a new Independent Engineering Report shall be delivered within sixty (60) days after issuance of such notice and shall be effective not earlier than ninety (90) days prior to the date of such notice, which Independent Engineering Report shall set out actual production from Oil and Gas Properties for the twelve (12) months preceding the date of such Independent Engineering Report, the proved producing reserves in respect of the Oil and Gas Properties, the proved non-producing reserves and the proved undeveloped reserves attributable to the Oil and Gas Properties of which the Borrowers and the Guarantors have good title (subject only to Permitted Encumbrances and Permitted Title Defects) and a projection of the rate of production and cash flow with respect thereto, and concurrently with the delivery of the Independent Engineering Report required pursuant to Section 2.4(a)(i), the Borrowers shall deliver to the Agent consolidated financial statements of the Borrowers and the Guarantors, lease operating statements, updates on any acquisitions and divestitures since the last review of the Borrowing Base and an updated listing of Eligible Swaps, as the Lenders reasonably require in order to review and assess the Independent Engineering Report and the opera...

Independent Engineering Report. On or before April 30 of each year, the Borrower will deliver to the Agent an Independent Engineering Report covering all of the proved Oil and Gas Properties, excluding or separately identifying the Black Gold Assets, and dated not earlier than December 31 of the immediately preceding year (together, if requested, with such other reports received or prepared by the Harvest Parties relating to their reserves in connection with the preparation of their Oil and Gas Properties disclosure required by applicable Law); provided that the delivery of such report to the "Agent" under and as defined in the Existing Credit Agreement shall be deemed to satisfy this requirement if and for so long as all of the Lenders are "Lenders" under and as defined in the Existing Credit Agreement.