Common use of Oil and Gas Leases Clause in Contracts

Oil and Gas Leases. The Leases which constitute any part of the Borrowing Base Oil and Gas Properties are in full force and effect as to those portions thereof that comprise the Borrowing Base Oil and Gas Properties, except to the extent the failure to be in full force and effect could not reasonably be expected to have a Material Adverse Effect..

Appears in 3 contracts

Samples: Credit Agreement (Quest Energy Partners, L.P.), Credit Agreement (Quest Resource Corp), Credit Agreement (Quest Energy Partners, L.P.)

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Oil and Gas Leases. The Leases which constitute any part of the Borrowing Base Oil and Gas Properties are in full force and effect as to those portions thereof that comprise the Borrowing Base Oil and Gas Properties, except to the extent the failure to be in full force and effect could not reasonably be expected to have a Material Adverse Effect...

Appears in 3 contracts

Samples: Credit Agreement (PostRock Energy Corp), Credit Agreement (PostRock Energy Corp), Credit Agreement (PostRock Energy Corp)

Oil and Gas Leases. The Leases which constitute any part of the Borrowing Base Oil and Gas Properties are in full force and effect as to those portions thereof that comprise the Borrowing Base Oil and Gas Properties, except to the extent the failure to be in full force and effect could not reasonably be expected to have a Material Adverse Effect...

Appears in 3 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp), Credit Agreement (Ultra Petroleum Corp)

Oil and Gas Leases. The Leases which constitute any part of the Borrowing Base Oil and Gas Properties are in full force and effect as to those portions thereof that comprise the Borrowing Base Oil and Gas Properties, except to the extent the failure to be in full force and effect could not reasonably be expected to have a Material Adverse Effect...

Appears in 2 contracts

Samples: Assignment and Assumption (Quest Energy Partners, L.P.), Assignment and Assumption (Quest Resource Corp)

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Oil and Gas Leases. The Leases which constitute any part of the Borrowing Base Oil and Gas Properties are in full force and effect as to those portions thereof that comprise the Borrowing Base Oil and Gas Properties, Properties except to the extent the failure to be in full force and effect could not reasonably be expected to have a Material Adverse Effect...

Appears in 1 contract

Samples: Credit Agreement (EnerJex Resources, Inc.)

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