Non-Qualified ECP Guarantors. The Borrower will not permit any Restricted Person that is not a Qualified ECP Guarantor to own, at any time, any Oil and Gas Properties to which Proved Reserves are attributed or any Equity in any Restricted Person that owns any such Oil and Gas Properties.
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Samples: Loan Agreement (Acacia Research Corp), Credit Agreement (Kolibri Global Energy Inc.)
Non-Qualified ECP Guarantors. The Borrower will shall not permit any Restricted Person that is not a Qualified ECP Guarantor to own, at any time, any Oil and Gas Properties to which Proved Reserves are attributed or any Equity in any Restricted Person that owns any such Oil and Gas PropertiesGuarantor.
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Non-Qualified ECP Guarantors. The Borrower It will not permit the Borrower, the Parent or any Restricted Person Subsidiary, in each case, that is not a Qualified ECP Guarantor to own, at any time, any Oil and Gas Properties to which Proved Reserves are attributed or any Equity Interests in any Restricted Person that owns any such Oil and Gas PropertiesSubsidiaries.
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Non-Qualified ECP Guarantors. The Borrower will shall not permit any Restricted Person that Subsidiary which is not a Qualified ECP Guarantor to own, at any time, any Oil and Gas Properties to which Proved constituting Proven Reserves are attributed or any Equity Interests in any Restricted Person that owns any such Oil and Gas PropertiesSubsidiaries.
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