Common use of Marketing of Production Clause in Contracts

Marketing of Production. As of the Effective Date, except for contracts listed on Schedule 3.27, no material agreements exist which are not cancelable on sixty (60) days’ notice or less without penalty or detriment for the sale of production from the Loan Parties’ Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereof.

Appears in 3 contracts

Samples: Credit Agreement (Southwestern Energy Co), Credit Agreement, Credit Agreement (Southwestern Energy Co)

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Marketing of Production. As of the Effective Date, except for contracts listed on Schedule 3.27, no No material agreements exist which are not cancelable on sixty (60) days’ notice or less without penalty or detriment for the sale of production from the Loan PartiesIssuer’s or any of its Subsidiaries’ Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer more than six (6) months from the date hereofmonths.

Appears in 2 contracts

Samples: Senior Unsecured Promissory Note, Purchase Agreement (Northern Oil & Gas, Inc.)

Marketing of Production. As of the Effective Date, except Except for contracts listed and in effect on the date hereof on Schedule 3.27B attached hereto, no material agreements exist which are not cancelable on sixty (60) 60 days’ notice or less without penalty or detriment for the sale of production from the Loan Parties’ Company’s Hydrocarbons (including without limitation calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (ai) pertain to the sale of production at a fixed price and (bii) have a maturity or expiry date of longer than six (6) months from the date hereofthereof.

Appears in 2 contracts

Samples: Exchange Agreement (Northern Oil & Gas, Inc.), Exchange Agreement (TRT Holdings Inc)

Marketing of Production. As of On the Final Facility Effective Date, except for contracts listed as set forth on Schedule 3.273.18, no material agreements exist (which are not cancelable on sixty (60) days’ notice or less without penalty or detriment detriment) for the sale of production from of the Loan Credit Parties’ Hydrocarbons at a fixed non-index price (including calls on on, or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofInterim Facility Effective Date.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Term Loan Credit Agreement (Sanchez Energy Corp)

Marketing of Production. As of the Effective Date, except for contracts listed on Schedule 3.27, no material agreements exist which are not cancelable cancellable on sixty (60) days’ notice or less without penalty or detriment for the sale of production from the Loan Parties’ Hydrocarbons (including calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereof. This Section 3.27 shall only apply during a Borrowing Base Period.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

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Marketing of Production. As of the Effective Date, except for contracts listed on Schedule 3.27, no No material agreements exist which are not cancelable on sixty (60) days’ 60 days notice or less without penalty or detriment for the sale of production from the Loan Parties’ Borrower’s Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (ai) pertain to the sale of production at a fixed price and (bii) have a maturity or expiry expiration date of longer than six (6) months from the date hereof.

Appears in 1 contract

Samples: Secured Credit Agreement (Radiant Oil & Gas Inc)

Marketing of Production. As of the Effective Date, except Except for contracts listed on Schedule 3.277.19 and in effect on the Closing Date, no material agreements exist which are not cancelable on sixty (60) 60 days’ notice or less without penalty or detriment for the sale of production from the Loan Partiessuch Credit Party’s or its Restricted Subsidiaries’ Hydrocarbons (including including, without limitation, calls on or other rights to purchase, production, whether or not the same are currently being exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six (6) months from the date hereofClosing Date.

Appears in 1 contract

Samples: Credit Agreement (Atp Oil & Gas Corp)

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