Common use of Maintenance and Operation of Property Clause in Contracts

Maintenance and Operation of Property. To the extent that the failure to comply could reasonably be expected to have a Material Adverse Effect and consistent with the standards of a reasonably prudent operator:

Appears in 4 contracts

Samples: Credit Agreement (Westport Finance Co), Credit Agreement (Westport Resources Corp /Nv/), Credit Agreement (Belco Oil & Gas Corp)

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Maintenance and Operation of Property. To Except to the extent that the failure to comply could not reasonably be expected to have a Material Adverse Effect and consistent with the standards of a reasonably prudent operatoroperator under the same circumstances:

Appears in 4 contracts

Samples: Credit Agreement (Meridian Resource Corp), Credit Agreement (Meridian Resource Corp), Credit Agreement (Meridian Resource Corp)

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