Common use of Surface Acreage Reports Clause in Contracts

Surface Acreage Reports. As soon as available and in any event within forty-five (45) days after the last day of each calendar quarter, a report certified as true and complete in all material respects by a Responsible Officer, in form and substance reasonably satisfactory to the Administrative Agent, setting forth as of the last Business Day of such calendar quarter an accounting of all surface acreage sold by any Credit Party, the gross and net proceeds received therefore and the amount of such proceeds distributed to the partners of the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

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Surface Acreage Reports. As soon as available and in any event within forty-five thirty (4530) days after the last day of each calendar quarter, a report certified as true and complete in all material respects by a Responsible Officer, in form and substance reasonably satisfactory to the Administrative Agent, setting forth as of the last Business Day of such calendar quarter an accounting of all surface acreage sold by the Borrower or any Credit PartyGuarantor, the gross and net proceeds received therefore and the amount of such proceeds distributed to the partners of the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

Surface Acreage Reports. As soon as available and in any event within forty-five thirty (4530) days after the last day of each calendar quarter, a report certified as true and complete in all material respects by a Responsible Officer, in form and substance reasonably satisfactory to an Officer of the Administrative Agent, Company setting forth as of the last Business Day of such calendar quarter an accounting of all surface acreage sold by the Company or any Credit Party, Guarantor and the gross and net proceeds received therefore and the amount of such proceeds distributed to the partners of the Borrowertherefore.

Appears in 1 contract

Samples: Third Supplemental Indenture (Northern Oil & Gas, Inc.)

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Surface Acreage Reports. As soon as available and in any event within forty-five thirty (4530) days after the last day of each calendar quarter, a report certified as true and complete in all material respects by a Responsible Officer, in form and substance reasonably satisfactory to the Administrative Agent, setting forth as of the last Business Day of such calendar quarter an accounting of all surface acreage sold by the Borrower or any Credit Party, Guarantor and the gross and net proceeds received therefore and the amount of such proceeds distributed to the partners of the Borrowertherefore.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Northern Oil & Gas, Inc.)

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