Production Report. Promptly after preparation but no later than 45 days after the end of each fiscal quarter, a report from the Borrower in form and substance reasonably satisfactory to the Administrative Agent setting forth the production of crude oil and natural gas, each calculated separately, for each month in such quarter. With each such report, the Borrower shall either (i) certify, represent and warrant that the internally forecasted production from the Oil and Gas Properties of the Borrower and the Restricted Subsidiaries for all months in which the Borrower or one of its Restricted Subsidiaries has Swap Agreements equals or exceeds their prior month’s production of each of crude oil and natural gas, calculated separately, or (ii) deliver an additional detailed forecasted production of each of crude oil and natural gas, calculated separately, for the next 48 months or if any Swap Agreements have a tenor in excess of 48 months, for a period corresponding to the tenor of such Swap Agreements.
Production Report. On or before the tenth (10th) day of each month during the Term, Seller shall provide to Buyer a report stating (i) the quantity of MWhs produced by each Generating Unit in the preceding calendar month, (ii) the number of NEPOOL GIS Certificates produced by each Generating Unit in the preceding calendar month, and (iii) any adjustments to any such data previously reported by Seller to Buyer (such report, the "Production Report", the data including adjustments thereto, the “Generator Data”). The first Production Report provided by Seller shall include Generator Data beginning as of [TBD]. Each Production Report shall be signed by an officer of Seller verifying that the Production Report is true and accurate.
Production Report. After the beginning of production, this monthly report shall be submitted no later than fifteen (15) days after the end of each month. It shall show, for each month, the detail of the production of each Marketable Deposit and in particular the quantities of Hydrocarbons:
Production Report. In connection with clauses (a) and (b) above, the Borrower shall deliver a report in form and substance satisfactory to the Administrative Agent prepared by the Borrower covering each of the Oil and Gas Properties of the Borrower and its Subsidiaries and detailing on a quarterly basis (i) the production, revenue, price information and associated operating expenses for each such quarter, (ii) any changes to any producing reservoir (other than ordinary depletion), production equipment (other than ordinary wear and tear), or producing well (other than ordinary depletion) during each such quarter, which changes could reasonably be expected to cause a Material Adverse Change, and (iii) any sales of the Borrower’s or any Subsidiaries’ Oil and Gas Properties during each such quarter;
Production Report. The Administrative Agent shall have received from the Co-Borrowers, no later than 10 Banking Days prior to the Term Conversion Date a certificate (together with reasonable backup information supporting the conclusions stated therein) confirming actual cumulative natural gas production from the Closing Date to the date of delivery of such certificate from all xxxxx at the Production Project (excluding those completed in the 60 days immediately preceding the Term Conversion Date), comparing such recovery to the production profiles attached hereto as Exhibit Q, adjusted for the region where such xxxxx are located, lateral lengths and the time each such well was actually producing, and confirmed by the Petroleum Engineer. If actual cumulative natural gas production is less than 95% of the expected production derived from such exhibit, then all amounts on deposit in the Contingent Equity Account and any amounts available pursuant to Section 3.1(b)(ii)(F) of the Depositary Agreement, not to exceed in the aggregate $20,000,000 will be deposited in the Operating Reserve Account pursuant to the Depositary Agreement, and otherwise such amounts in the Contingent Equity Account shall be transferred in accordance with Section 3.14(b)(ii)(y) of the Depositary Agreement. For the avoidance of doubt, if the lateral length or time period is not specifically defined on Exhibit Q, the lateral length or time period will be linearly adjusted based on the two nearest data points in Exhibit Q.
Production Report. Within 30 days after the end of each calendar month, a report setting forth the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for such calendar month from the Oil and Gas Properties. On the last day of each calendar month, a report providing guidance on forecasted volume of production and sales attributable to production (and the projected prices at which such sales are to be made and the projected revenues to be derived from such sales) from the Oil and Gas Properties for the next month.
Production Report. 6.1 Once the commercial production begins in the Contract Area, the Contractor shall prepare for every Trimester a production report for each exploitation zone which will include the following data;
Production Report. As soon as available and in any event within 45 days after the end of each fiscal quarter in the fiscal year of each Borrower, a consolidated loan production report as of the end of that fiscal quarter, presenting the total dollar volume and the number of Mortgage Loans originated and closed or purchased during that fiscal quarter and for the fiscal year-to- date, specified by property type and loan type.
Production Report. Within sixty (60) days from each calendar quarter end, furnish Lender a quarterly summary report of oil and gas production for said period indicating the immediately preceding quarter's sales volume, sales revenues, production taxes, operating expenses, capital expenditures and net operating income from or attributable to the Borrowers' Oil and Gas Properties pledged to secure the Obligations hereunder, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such quarter, provide copies of same.
Production Report. Within forty-five (45) days from each accounting month end, Borrower shall furnish Lender two separate monthly summary reports of oil and gas production. One on an accounting month basis and one on a production month basis, for the immediately preceding six month's sales volume, sales revenues, production taxes, operating expenses, capital expenditures and net operating income from or attributable to the Borrowers' Oil and Gas Properties, with detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of same.
