Initial Reserve Report. Agent shall have received a Reserve Report with respect to the Oil and Gas Properties of the Loan Parties and their Subsidiaries, covering such period and otherwise in such form and substance as may be reasonably acceptable to Agent and the Lenders.
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Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Parsley Energy, Inc.)
Initial Reserve Report. Agent shall have received a Reserve Report with respect to the Oil and Gas Properties of the Loan Parties Borrower and their its Subsidiaries, covering such period and otherwise in such form and substance as may be reasonably acceptable to Agent and the Lenders.
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Initial Reserve Report. Agent The Agents shall have received a Reserve Report dated as of June 30, 2003 with respect to the Oil and Gas Properties of the Loan Parties and their Subsidiaries, covering such period and otherwise prepared by the chief engineer of the Borrower in such form and substance as may be reasonably acceptable satisfactory to Agent and the LendersAgents (the "Initial Reserve Report").
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