Common use of Producing Xxxxx Clause in Contracts

Producing Xxxxx. All producing xxxxx that constitute part of the Borrowing Base Properties: (a) have been, during all times that any such xxxxx were operated by any Loan Party or its Affiliates, and (b) to the knowledge of the Loan Parties, have been at all other times, drilled, operated and produced in conformity with all applicable Laws, are subject to no penalties on account of past production, and are bottomed under and are producing from, and the well bores are wholly within, the Borrowing Base Properties, or on Oil and Gas Properties which have been pooled, unitized or communitized with the Borrowing Base Properties, except to the extent that any noncompliance with the representations set forth in this Section 6.18 [Producing Xxxxx] would not reasonably be expected to result in a Material Adverse Change.

Producing Xxxxx. All producing xxxxx that constitute part of the Borrowing Base Properties: (a) have been, during all times that any such xxxxx were operated by any Loan Party or its Affiliates, and (b) to the knowledge of the Loan Parties, have been at all other times, drilled, operated and produced in conformity with all applicable Laws, rules, regulations and orders of all regulatory authorities having jurisdiction, are subject to no penalties on account of past production, and are bottomed under and are producing from, and the well bores are wholly within, the Borrowing Base Properties, or on Oil and Gas Properties which have been pooled, unitized or communitized with the Borrowing Base Properties, except to the extent that any noncompliance with the representations set forth in this Section 6.18 [Producing Xxxxx] 6.1.18 would not reasonably be expected to result in a Material Adverse Change.

Producing Xxxxx. All producing xxxxx that constitute part of the Borrowing Base Properties: (a) have been, during all times that any such xxxxx were operated by any Loan Party or its Affiliates, and (b) to the knowledge of the Loan Parties, have been at all other times, drilled, operated and produced in conformity with all applicable Laws, rules, regulations and orders of all regulatory authorities having jurisdiction, are subject to no penalties on account of past production, and are bottomed under and are producing from, and the well bores are wholly within, the Borrowing Base Properties, or on Oil and Gas Properties which have been pooled, unitized or communitized with the Borrowing Base Properties, except to the extent that any noncompliance with the representations set forth in this Section 6.18 [Producing Xxxxx] 6.1.17 would not reasonably be expected to result in a Material Adverse Change.