Common use of Monthly Production Reports Clause in Contracts

Monthly Production Reports. Within forty- five (45) days after the end of each month, a monthly report, in form and substance satisfactory to the Agent, indicating the immediately preceding month's sales volume, sales revenues, production taxes, operating expense and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of either Borrower, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance satisfactory to Agent;

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

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Monthly Production Reports. Within forty- five As soon as available, and in any event, within sixty (4560) days after of the end of each month, a monthly report, in form and substance satisfactory to the Agent, indicating the immediately preceding month's ’s sales volumevolumes, sales revenues, production taxes, operating expense expenses and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of either Borrowerwith detail, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance reasonably satisfactory to the Agent;

Appears in 1 contract

Samples: Credit Agreement (Southwest Royalties Inc)

Monthly Production Reports. Within forty- five (45) As soon as available and in any event within 45 days after the end of each month, a monthly report, report in form and substance satisfactory to the Agent, indicating Administrative Agent prepared by the immediately preceding month's sales volume, sales revenues, production taxes, operating expense and net operating income from or attributable to the Borrower for each of its producing Oil and Gas PropertiesProperties constituting Collateral detailing for such month production, revenue, expense, production taxes and any material gas balance liabilities of either Borrower, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance satisfactory to Agentprice information;

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Monthly Production Reports. Within forty- forty-five (45) days after the end of each month, a monthly report, in form and substance satisfactory to the Agent, indicating the immediately next preceding month's sales volume, sales revenues, production taxes, operating expense and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of either Borrower, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance satisfactory to Agent;

Appears in 1 contract

Samples: Credit Agreement (Southwest Royalties Holdings Inc)

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Monthly Production Reports. Within forty- forty-five (45) days after the end of each month, a monthly report, in form and substance satisfactory to the Agent, indicating the immediately preceding month's sales volume, sales revenues, production taxes, operating expense and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of either Borrower, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance satisfactory to Agent;

Appears in 1 contract

Samples: Credit Agreement (Continental Crude Co)

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