Common use of Notice of Sales of Oil and Gas Properties Clause in Contracts

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary with a fair market value in excess of $5,000,000 in accordance with Section 9.11, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any Lender.

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose Dispose of any Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary in accordance with Section 9.12, in either case having a fair market value or involving acquisition consideration greater than $1,000,000 (whether in excess one transaction or a series of $5,000,000 in accordance with Section 9.11transactions), prior written notice of such dispositionDisposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any Lender.

Notice of Sales of Oil and Gas Properties. In the event that either of the Borrower Borrowers or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose of at least $500,000 worth of any Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary with a fair market value in excess of $5,000,000 in accordance with Section 9.119.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any Lenderclosing.

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary in accordance with a fair market value Section 9.12, which in any case involves either consideration in excess of $5,000,000 in accordance with or would require a Borrowing Base reduction pursuant to Section 9.119.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any LenderAgent.

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary in accordance with a fair market value Section 9.12, which in any case involves either consideration in excess of $5,000,000 in accordance with or would require a Borrowing Base reduction pursuant to Section 9.119.12 of the First Lien Credit Agreement, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any LenderAgent.

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or and Gas Properties or any Equity Interests in any Restricted Subsidiary in accordance with Section 9.11 with a fair market value in excess of $5,000,000 in accordance 15,000,000 with Section 9.11respect to any single sale, reasonable prior written notice (and in any event not less than five Business Days’ prior notice) of such disposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any Lender.

Notice of Sales of Oil and Gas Properties. In the event the Borrower or any Restricted Subsidiary intends to sell, transfer, assign or otherwise dispose Dispose of any of its Oil or Gas Properties or any Equity Interests in any Restricted Subsidiary with a fair market value in excess of $5,000,000 in accordance with Section 9.119.11(d) or (e), prior written notice of such dispositionDisposition, the price thereof and the anticipated date of closing and any other details thereof reasonably requested by the Administrative Agent or any Lender.