Production Report and Lease Operating Statements. Concurrently with the delivery of each Reserve Report required to be delivered pursuant to Section 8.12(a), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to date, 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 each such calendar month from the Oil and Gas Properties of the Loan Parties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 4 contracts
Samples: Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (Memorial Resource Development Corp.)
Production Report and Lease Operating Statements. Concurrently with With the delivery of (i) Reserve Reports under Section 8.12 and (ii) quarterly financial statements under Section 8.01(b) for the first and third fiscal quarters of each Reserve Report required to be delivered pursuant to Section 8.12(a)year, the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to datedate on a production date basis, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesProperties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 4 contracts
Samples: Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp)
Production Report and Lease Operating Statements. Concurrently with the any delivery of each a Reserve Report required to be delivered pursuant to under Section 8.12(a)8.12, the Borrower shall provide to the Administrative Agent and the Lenders (i) a report setting forth, for each calendar month during the then current fiscal year to date, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesBorrower and the Guarantors, and (ii) a report setting forth forth, for each calendar quarter during the then current fiscal year to date, the related ad valorem, severance and production taxes and lease operating expenses attributable thereto to such production and incurred for each such calendar monthquarter.
Appears in 3 contracts
Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement (Ultra Petroleum Corp), Senior Secured Term Loan Agreement (Ultra Petroleum Corp), Senior Secured Term Loan Agreement (Ultra Petroleum Corp)
Production Report and Lease Operating Statements. Concurrently with the any delivery of each a Scheduled Reserve Report required to be delivered pursuant to under Section 8.12(a) and Section 8.12(b), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to datethe end of such calendar month on a production date basis, the volume of production and sales attributable to production for which cash activity has been recorded (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties of the Loan PartiesProperties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month, and in form and substance reasonably acceptable to the Administrative Agent.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Phoenix Capital Group Holdings, LLC), Senior Secured Credit Agreement (Phoenix Capital Group Holdings, LLC)
Production Report and Lease Operating Statements. Concurrently with the delivery of each any Reserve Report required to be delivered the Administrative Agent pursuant to Section 8.12(a), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then then-current fiscal year to date, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesBorrower and the Restricted Subsidiaries, and setting forth the related ad valorem, severance and production taxes Taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 1 contract
Production Report and Lease Operating Statements. Concurrently with the delivery of each any Reserve Report required to be delivered pursuant to Section 8.12(a)8.12 hereunder, the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to datedate through and including the last day of the fiscal quarter for which financial statements are being delivered, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesProperties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 1 contract
Production Report and Lease Operating Statements. Concurrently with the delivery of each any Reserve Report required to be delivered pursuant to Section 8.12(a)8.11 hereunder, the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to datedate through and including the last day of the fiscal quarter for which financial statements are being delivered, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesProperties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.. (m)
Appears in 1 contract
Samples: Credit Agreement (Berry Corp (Bry))
Production Report and Lease Operating Statements. Concurrently with the delivery of each any Reserve Report required to be delivered pursuant to Section 8.12(a)8.11 hereunder, the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to datedate through and including the last day of the fiscal quarter for which financial statements are being delivered, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesProperties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 1 contract
Samples: Credit Agreement (Berry Corp (Bry))
Production Report and Lease Operating Statements. Concurrently with (or prior to) the delivery of each Reserve Report required to be delivered pursuant to financial statements under Section 8.12(a8.01(a) and Section 8.01(b), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to date, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesBorrower and the Guarantors, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 1 contract
Samples: Credit Agreement (Rice Energy Inc.)
Production Report and Lease Operating Statements. Concurrently with (or prior to) the delivery of each Reserve Report required to be delivered pursuant to financial statements under Section 8.12(a8.01(a) and Section 8.01(b), the Borrower shall provide to the Administrative Agent and the Lenders a report setting forth, for each calendar month during the then current fiscal year to date, 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 each such calendar month from the Oil and Gas Properties of the Loan PartiesBorrower and the Guarantors and of the Alpha Shale Group, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.
Appears in 1 contract
Samples: Senior Secured Term Loan Credit Agreement (Rice Energy Inc.)