Common use of Limitation on Leases Clause in Contracts

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 5,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 1,500,000 in any period of twelve (12) consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 in any period of twelve (12) consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor It shall not, and shall not permit any of its Subsidiaries will to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), ) under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower Parent and any of its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 50,000,000 in any period of twelve consecutive calendar months during the life of such leases. 95 Amended by the 1st Amendment.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 in any period of twelve consecutive calendar months during the life of such leases.. Section 9.08

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer permit to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal personal, but excluding leases of Hydrocarbon Interests, oil and gas operating agreements and Capital Lease Obligations), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, agreements to exceed $2,000,000 U.S.$10,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 750,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 5,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 100,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon InterestsInterests and leases of compressors), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Restricted Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Restricted Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 15,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer permit to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal personal, but excluding capital leases, leases of Hydrocarbon Interests, and other leases of oil and gas field production equipment entered into in the ordinary course of business), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases lease or lease agreements, including, without limitation, any residual payments at the end of any lease, agreements to exceed $2,000,000 2,500,000 in any period of twelve (12) consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interestspersonal), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 2,500,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon InterestsOil and Gas Properties), under leases or lease agreements which would cause the aggregate amount of all net payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 5,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower shall not, nor shall it permit any of its Subsidiaries will (other than Foreign Subsidiaries) to create, incur, assume or suffer permit to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal including capital leases, but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its all such Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, agreements to exceed $2,000,000 250,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to Second Lien Bridge Loan Agreement - 58 exceed $2,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 50,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither of the Borrower Borrowers nor any of its their Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower Borrowers and its their Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 1,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of 61 any kind whatsoever (real or personal but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 5,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the any Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which that would cause the aggregate amount of all payments made by the Borrower Borrowers and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 1,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the The Borrower nor will not, and will not permit any of its Subsidiaries will Subsidiary to, create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 1,000,000 in any period of twelve (12) consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 50,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 35,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Borrowers will not create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon InterestsHydrocarbons described in the Reserve Reports), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries Borrowers pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 100,000 in any period of twelve (12) consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor It will not and will not permit any of its Restricted Subsidiaries will to create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Lease Obligations and leases of Hydrocarbon Interestshydrocarbon interests otherwise permitted under this Agreement), under operating leases or lease agreements which that would cause the aggregate amount of all payments made by the Borrower it and its Restricted Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 25,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 25,000 in any period of twelve consecutive calendar months during the life of such leasesleases without the approval of the Lenders.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Material Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Material Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed $2,000,000 7,500,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor It will not and will not permit any of its Restricted Subsidiaries will to create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding Capital Lease Obligations and leases of Hydrocarbon Interestshydrocarbon interests otherwise permitted under this Agreement), under operating leases or lease agreements which that would cause the aggregate amount of all payments made by the Borrower it and its Restricted Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 10,000,000 in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Except as listed in Schedule 7.16, Borrower nor any of its Subsidiaries will not create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed ten thousand dollars ($2,000,000 10,000) in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries will not create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property property of any kind whatsoever (real or personal but excluding Capital Leases and leases of Hydrocarbon Interestsproperties), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, any residual payments at the end of any lease, to exceed one million five hundred thousand dollars ($2,000,000 1,500,000) in any period of twelve consecutive calendar months during the life of such leases.

Limitation on Leases. Neither the Borrower nor any of its Subsidiaries Subsidiary will create, incur, assume or suffer to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal including Capital Leases but excluding leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by the Borrower and its the Subsidiaries pursuant to all such leases or lease agreements, including, without limitation, including any residual payments at the end of any lease, to exceed $2,000,000 ________________ in any period of twelve consecutive calendar months during the life of such leases.