Common use of No Default; No Borrowing Base Deficiency Clause in Contracts

No Default; No Borrowing Base Deficiency. No Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency then exists.

Appears in 7 contracts

Samples: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

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No Default; No Borrowing Base Deficiency. No Default or Event of Default shall have occurred which is continuing, continuing and no Borrowing Base Deficiency then exists.

Appears in 4 contracts

Samples: Credit Agreement (NGL Energy Partners LP), Credit Agreement (NGL Energy Partners LP), Credit Agreement (NGL Energy Partners LP)

No Default; No Borrowing Base Deficiency. No Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency shall then existsexist.

Appears in 3 contracts

Samples: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

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No Default; No Borrowing Base Deficiency. No Default or Event of Default shall have occurred which is continuing, and no Borrowing Base Deficiency shall then existsexist, in each case, before and after giving effect to the amendments to the Credit Agreement contained in Section 1 hereof.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

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