Common use of Quarterly Production Reports Clause in Contracts

Quarterly Production Reports. As soon as available and in any event within forty-five (45) days after the end of each fiscal quarter of Borrowers, a quarterly production report, in form and substance satisfactory to the Agent, indicating the sales volumes, sales revenues, production taxes, operating expenses and net operating income from the Oil and Gas Properties, with detailed, calculations and worksheets, all in form and substance reasonably satisfactory to the Agent;

Appears in 2 contracts

Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)

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Quarterly Production Reports. As soon as available and in any event within forty-five (45) days after the end of each fiscal quarter of BorrowersBorrower, a quarterly production report, in form and substance -37- satisfactory to the Agent, indicating the sales volumes, sales revenues, production taxes, operating expenses and net operating income from the Oil and Gas Properties, with detailed, calculations and worksheets, all in form and substance reasonably satisfactory to the Agent;; (v)

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

Quarterly Production Reports. As soon as available and in any event within Within forty-five (45) days after the end of each fiscal quarter of Borrowerscalendar quarter, a quarterly production report, in form and substance satisfactory to the Agent, indicating the immediately preceding month's sales volumesvolume, sales revenues, production taxes, operating expenses expense and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of either Borrower, with detailed, detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance reasonably satisfactory to the Agent;

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

Quarterly Production Reports. As soon as available and in any event within forty-five (45) days after the end of each fiscal quarter of BorrowersBorrower, a quarterly production report, in form and substance satisfactory to the Agent, indicating the sales volumes, sales revenues, production taxes, operating expenses and net operating income from the Oil and Gas Properties, with detailed, detailed calculations and worksheets, all in form and substance reasonably satisfactory to the Agent;

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

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Quarterly Production Reports. As soon as available and in any event within Within forty-five (45) days after the end of each fiscal quarter of Borrowerscalendar quarter, a quarterly production report, in form and substance satisfactory to the Agent, indicating the immediately preceding month's sales volumesvolume, sales revenues, production taxes, operating expenses expense and net operating income from or attributable to the Oil and Gas Properties, and any material gas balance liabilities of a Borrower, with detailed, detailed calculations and worksheets, and, in the case of take or pay or prepayment agreements during such month, provide copies of the same, all in form and substance reasonably satisfactory to the Agent;; and

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

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