Sale of Borrowing Base Properties to Third Parties. If there exists no subsisting Event of Default, the Borrower and the Material Subsidiaries may at any time and from time to time during the Term, sell or dispose of all or any parts of the Borrowing Base Properties to third Persons provided that:
Appears in 3 contracts
Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Sale of Borrowing Base Properties to Third Parties. If there exists no subsisting Event of Default, the Borrower and the Material Subsidiaries Guarantors may at any time and from time to time during the Term, sell or dispose of all or any parts of the Borrowing Base Properties to third Persons provided that:
Appears in 2 contracts
Samples: Syndicated Credit Agreement (Enterra Energy Trust), Syndicated Credit Agreement (Enterra Energy Trust)
