Notice of Casualty Events. Prompt written notice, and in any event within three Business Days of the Borrower obtaining knowledge, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Party having an aggregate fair market value in excess of $1,000,000.
Appears in 3 contracts
Samples: Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.), Credit Agreement (HighPeak Energy, Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of after the Borrower obtaining knowledge, obtains knowledge of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Party Event having an aggregate a fair market value in excess of $1,000,0007,500,000.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp), Senior Secured Credit Agreement (Battalion Oil Corp)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any legal action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to case, of any Property of any Credit Loan Party having an aggregate a fair market value in excess of $1,000,00010,000,000.
Appears in 3 contracts
Samples: Credit Agreement (McMoran Exploration Co /De/), Credit Agreement (McMoran Exploration Co /De/), Credit Agreement (McMoran Exploration Co /De/)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Loan Party having an aggregate fair market value in excess of $1,000,000.which could reasonably be expected to have a Material Adverse Effect;
Appears in 2 contracts
Samples: Credit Agreement (LandBridge Co LLC), Credit Agreement (LandBridge Co LLC)
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of (or such other time as the Borrower obtaining knowledgeAdministrative Agent may agree), of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to case, of any Property of any Credit Loan Party having an aggregate fair market value a Fair Market Value in excess of $1,000,000.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp), Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)
Notice of Casualty Events. Prompt written noticePromptly, and but in any event within three five (5) Business Days of the Borrower obtaining knowledgeDays, written notice of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to case, of any Property of any Credit Loan Party having an aggregate a fair market value in excess of $1,000,00010,000,000.
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Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Loan Party having an aggregate fair market value in excess of $1,000,000.250,000;
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Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of after the Borrower obtaining knowledge, obtains knowledge of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Party Event having an aggregate a fair market value in excess of $1,000,0005,000,000.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days Days, after a Responsible Officer of the Borrower obtaining knowledge, any Loan Party obtains knowledge of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Loan Party having an aggregate fair market value in excess of $1,000,000.250,000;
Appears in 1 contract
Samples: Credit Agreement (Sunnova Energy International Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to case, of any Property of any Credit Loan Party having an aggregate a fair market value in excess of $1,000,000500,000.
Appears in 1 contract
Samples: Dip Credit Agreement
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days of after the Borrower obtaining knowledge, obtains knowledge of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Party Event having an aggregate a fair market value in excess of $1,000,00010,000,000.
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Notice of Casualty Events. Prompt written notice, and in any event within three Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Loan Party having an aggregate fair market value in excess of $1,000,000.(other than Holdings) which would reasonably be expected to have a Material Adverse Effect on Borrower and the Loan Parties; CREDIT AGREEMENT β Page 58
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Notice of Casualty Events. Prompt written notice, and in any event within three Business Days Days, after a Responsible Officer of the Borrower obtaining knowledge, any Loan Party obtains knowledge of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to Property of any Credit Loan Party having an aggregate fair market value in excess of $1,000,000.[***];
Appears in 1 contract
Samples: Credit Agreement (Sunnova Energy International Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days of the Borrower obtaining knowledgeDays, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event, in each case with respect to any Property of the Borrower or any Credit Party of its Subsidiaries having an aggregate a fair market value in excess of $1,000,000.
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