Regulatory Defects Sample Clauses
Regulatory Defects. As of the date hereof, Borrower has advised Administrative Agent, in writing, of all regulatory defects of which the Restricted Companies have been advised or have actual knowledge with respect to the ownership or operation of the Mortgaged Properties. No such regulatory defect results in a Material Adverse Event or affects the Restricted Companies intended operation of any of the Mineral Interests or the value of the sale of production therefrom.
Regulatory Defects. As of the date hereof, Borrowers have advised Banks, in writing, of all Regulatory Defects of which any of Borrowers has been advised or has knowledge.
Regulatory Defects. As of the date hereof, Company has advised Banks, in writing, of all Regulatory Defects of which Company has been advised or has knowledge.
Regulatory Defects. As of the date hereof, Borrower has advised Lender, in writing, of all regulatory defects of which Borrower has actual knowledge.
Regulatory Defects. As of the date hereof, Borrower has advised Bank, in writing, of all regulatory defects of which Borrower has been advised or has actual knowledge. No such regulatory defect has a Material Adverse Effect on the value of any of the Mineral Interests or Borrower's intended operation thereof or the value of the sale of production therefrom.
Regulatory Defects. Except as described in the Company's December 31, 2003 year-end financial statements, the Company has not received notice of, or is aware of, any Regulatory Defects (as defined in Section 6.16, below).
Regulatory Defects. Borrower has advised each Lender, in writing, of all Regulatory Defects of which Borrower has been advised or has knowledge.
Regulatory Defects. 29 7.26 AGREEMENTS AFFECTING MINERAL INTERESTS........................ 29 7.27 LOCATIONS OF BUSINESS, OFFICES................................ 29