Common use of Notice of Casualty Events Clause in Contracts

Notice of Casualty Events. Promptly, but in any event within five (5) Business Days, 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, of any Property of any Group Member having a Fair Market Value in excess of $2,500,000.

Appears in 8 contracts

Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.)

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Notice of Casualty Events. PromptlyPrompt written notice, but and in any event within five three (53) Business Days, 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, of any Property of any Group Member having a Fair Market Value fair market value in excess of $2,500,00025,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Eagle Rock Energy Partners L P), Credit Agreement (Eagle Rock Energy Partners L P), Credit Agreement (Eagle Rock Energy Partners L P)

Notice of Casualty Events. Promptly, but in any event within five ten (510) Business Days, 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, of any Property of any Group Member having a Fair Market Value in excess of $2,500,00010,000,000.

Appears in 1 contract

Samples: Revolving Credit Agreement (Diversified Energy Co PLC)

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Notice of Casualty Events. Promptly, but in any event within five ten (510) Business DaysDays following the occurrence thereof, 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, of any Property of any Group Member having a Fair Market Value in excess of $2,500,0001,000,000.00.

Appears in 1 contract

Samples: Credit Agreement (Diversified Energy Co PLC)

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