Common use of Take or Pay Agreement Clause in Contracts

Take or Pay Agreement. The Borrowers shall, in connection with their delivery of the engineering reports required by Sections 7 and 12 hereof, deliver to Agent copies of contracts or other agreements concerning "take or pay" and "prepayment", and provide notice of all gas balance liabilities of the Borrowers.

Appears in 3 contracts

Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc)

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Take or Pay Agreement. The Borrowers Borrower shall, in connection with their its delivery of the engineering reports required by Sections 7 4.1(d) and 12 4.1(e) hereof, deliver to Administrative Agent copies of contracts or other agreements concerning "take or pay" and "prepayment", and provide notice of all of its gas balance liabilities of the Borrowersliabilities.

Appears in 2 contracts

Samples: Credit Agreement (PHX Minerals Inc.), Credit Agreement (Panhandle Oil & Gas Inc)

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Take or Pay Agreement. The Borrowers Borrower shall, in connection with their the delivery of the engineering reports required by Sections 7 4 and 12 8 hereof, deliver to Agent Bank copies of contracts or other agreements concerning "take or pay" and "prepayment", and provide notice of all material gas balance liabilities of the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Panhandle Oil & Gas Inc)

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