Qualified Auditor Report. If the audited financial statements that are required to be delivered to the Agent pursuant to Section 13.1(e) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders within a period of 30 days after the delivery of such financial statements.
Appears in 2 contracts
Samples: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Obsidian Energy Ltd.)
Qualified Auditor Report. If the audited financial statements of the Borrower that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e14.1(a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.)
Qualified Auditor Report. If the audited financial statements of the Trust that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e14.1(a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Harvest Energy Trust), Credit Agreement (Harvest Energy Trust)
Qualified Auditor Report. If the The audited financial statements that are required to be delivered to the Agent pursuant to Section 13.1(e14.2(a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders within a period of 30 days after the delivery of such financial statements.
Appears in 1 contract
Samples: Credit Agreement
Qualified Auditor Report. If the audited financial statements of the Trust that are required to be delivered to by the Agent Borrower pursuant to Section 13.1(e13.1 (a) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, and such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders Lenders, acting reasonably, within a period of 30 days after the delivery of such financial statementsstatements by the Borrower hereunder.
Appears in 1 contract
Qualified Auditor Report. If the audited financial statements that are required to be delivered to the Agent pursuant to Section 13.1(e13.3(f) contain a material qualification or going concern notation that is not acceptable to the Majority Lenders, acting reasonably, and, if unacceptable, such qualification is not rectified or otherwise dealt with to the satisfaction of the Majority Lenders within a period of 30 days after the delivery of such financial statements.
Appears in 1 contract
Samples: Credit Agreement