Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event having a fair market value in excess of $2,500,000 or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value in excess of $2,500,000.
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (New Source Energy Partners L.P.), Credit Agreement (New Source Energy Partners L.P.)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event having a fair market value Fair Market Value in excess of $2,500,000 10,000,000 or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value Fair Market Value in excess of $2,500,00010,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Gran Tierra Energy Inc.), Credit Agreement (Gran Tierra Energy Inc.), Credit Agreement (Gran Tierra Energy Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, of the occurrence of any Casualty Event having a fair market value Fair Market Value in excess of the greater of (i) $2,500,000 10,000,000 and (ii) 5% of the then effective Borrowing Base, or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value Fair Market Value in excess of the greater of (A) $2,500,00010,000,000 and (B) 5% of the then effective Borrowing Base.
Appears in 2 contracts
Samples: Credit Agreement (Gran Tierra Energy Inc.), Credit Agreement (Gran Tierra Energy Inc.)
Notice of Casualty Events. Prompt written notice, and in any event within three ten Business Days, Days of the occurrence of any Casualty Event having a fair market value in excess of $2,500,000 10,000,000 or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value in excess of $2,500,00010,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Berry Corp (Bry)), Credit Agreement (Berry Corp (Bry))
Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, after the Company obtains knowledge of the occurrence of any Casualty Event having a fair market value in excess of $2,500,000 or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value in excess of $2,500,0001,000,000.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Phoenix Capital Group Holdings, LLC), Senior Secured Credit Agreement (Phoenix Capital Group Holdings, LLC)
Notice of Casualty Events. Prompt written notice, and in any event within three Business Days, Days of the occurrence of any Casualty Event having a fair market value in excess of $2,500,000 5,000,000 or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event having a fair market value in excess of $2,500,0005,000,000.
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