Common use of Non-Qualified ECP Guarantors Clause in Contracts

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock in any Subsidiaries.

Appears in 6 contracts

Samples: Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc), Credit Agreement (Tengasco Inc)

AutoNDA by SimpleDocs

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 5 contracts

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

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor an “eligible contract participant”, as defined in the Commodity Exchange Act, to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (Atlas Growth Partners, L.P.), Credit Agreement (Atlas Growth Partners, L.P.), Credit Agreement (Atlas Resource Partners, L.P.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 4 contracts

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

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock in any Subsidiaries.

Appears in 3 contracts

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

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiariessubsidiaries of the Borrower.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Grizzly Energy, LLC), Credit Agreement (Grizzly Energy, LLC), Credit Agreement (Vanguard Natural Resources, Inc.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil material oil and Gas Properties gas properties, any APL Units or any Capital Stock in any SubsidiariesARP Units.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Atlas Energy, L.P.), Guaranty Agreement (Atlas Energy, L.P.)

Non-Qualified ECP Guarantors. The Parent, OP LLC and the Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any SubsidiariesRestricted Subsidiaries or any DevCo.

Appears in 2 contracts

Samples: Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Emerald Oil, Inc.), Credit Agreement (LRR Energy, L.P.)

Non-Qualified ECP Guarantors. The Parent and the Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties Equity Interests in any Restricted Subsidiaries or any Capital Stock in any SubsidiariesDevCos.

Appears in 2 contracts

Samples: Credit Agreement (Oasis Midstream Partners LP), Credit Agreement (Oasis Midstream Partners LP)

Non-Qualified ECP Guarantors. The Parent, OP LLC and the Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any SubsidiariesSubsidiaries or any DevCo.

Appears in 2 contracts

Samples: Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.)

AutoNDA by SimpleDocs

Non-Qualified ECP Guarantors. The Borrower No Loan Party shall not permit any other Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Midstream Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 2 contracts

Samples: MLP Credit Agreement (PennTex Midstream Partners, LP), MLP Credit Agreement

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 1 contract

Samples: Second Lien Credit Agreement (LRR Energy, L.P.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor to own, at enter into any time, any proved Oil and Gas Properties or any Capital Stock in any SubsidiariesHedging Agreements.

Appears in 1 contract

Samples: Credit Agreement (Samson Oil & Gas LTD)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Party that is not a Qualified ECP Guarantor an “eligible contract participant,” as defined in the Commodity Exchange Act, to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Titan Energy, LLC)

Non-Qualified ECP Guarantors. The Parent, OP LLC and the Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties or any Capital Stock Equity Interests in any Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Proved Oil and Gas Properties or any Capital Stock Equity Interests in any Restricted Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Chaparral Energy, Inc.)

Non-Qualified ECP Guarantors. The Borrower shall not permit any Loan Credit Party that is not a Qualified ECP Guarantor to own, at any time, any proved Oil and Gas Properties that are included in the Borrowing Base or any Capital Stock Equity Interests in any SubsidiariesSubsidiaries owning Oil and Gas Properties that are included in the Borrowing Base.

Appears in 1 contract

Samples: Credit Agreement (Energen Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.