Common use of Protection Against Drainage Clause in Contracts

Protection Against Drainage. To the extent that the Oil and Gas Properties of any Loan Party (i) are operated by Borrower or its Subsidiaries, Borrower or its Subsidiaries shall, or shall cause its Subsidiaries to, act as a reasonably prudent operator in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties and (ii) are not operated by Borrower or its Subsidiaries, Borrower shall utilize, or cause its Subsidiaries to utilize, its property and contractual rights as a reasonably prudent owner in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties.

Protection Against Drainage. To the extent that the Oil and Gas Properties of any Loan Party (i) are operated by Borrower or its Restricted Subsidiaries, Borrower or its Restricted Subsidiaries shall, or shall cause its Restricted Subsidiaries to, act as a reasonably prudent operator in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties and (ii) are not operated by Borrower or its Restricted Subsidiaries, Borrower shall utilize, or cause its Restricted Subsidiaries to utilize, its property and contractual rights as a reasonably prudent owner in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties.

Protection Against Drainage. To the extent that the Oil and Gas Properties of any Loan Party (i) are operated by Borrower or its Restricted Subsidiaries, Borrower or its Subsidiaries shall, or shall cause its Restricted Subsidiaries to, act as a reasonably prudent operator in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties and (ii) are not operated by Borrower or its Restricted Subsidiaries, Borrower shall utilizeshall, or cause its Restricted Subsidiaries to utilizeto, utilize its property and contractual rights as a reasonably prudent owner in an effort to identify and prevent the occurrence of any drainage of Hydrocarbons from such Oil and Gas Properties.