Common use of No Default, Event of Default or Borrowing Base Deficiency Clause in Contracts

No Default, Event of Default or Borrowing Base Deficiency. No Default or Event of Default has occurred which is continuing and the total Credit Exposures of all Lenders do not exceed the Borrowing Base.

Appears in 14 contracts

Samples: Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Chaparral Energy, Inc.)

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No Default, Event of Default or Borrowing Base Deficiency. No Default or Event of Default has occurred which is continuing and the total Credit Exposures of all Lenders do not exceed the no Borrowing BaseBase Deficiency exists.

Appears in 4 contracts

Samples: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Mach Natural Resources Lp)

No Default, Event of Default or Borrowing Base Deficiency. No Default or Default, Event of Default or Borrowing Base Deficiency has occurred which and is continuing and the total Credit Exposures of all Lenders do not exceed the Borrowing Basecontinuing.

Appears in 4 contracts

Samples: Credit Agreement (Chaparral Energy, Inc.), Credit Agreement (Chaparral Energy, Inc.), Second Amendment to Tenth Restated Credit Agreement (Chaparral Energy, Inc.)

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No Default, Event of Default or Borrowing Base Deficiency. No Default or Event of Default has occurred which is continuing and the total Credit Exposures of all Lenders do not exceed the Borrowing Base.. 2455642v.7 CHA715/23015 10

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

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