Common use of Title Data Clause in Contracts

Title Data. (a) Within 30 days after the delivery to the Administrative Agent and the Lenders of each Reserve Report required by Section 5.11, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 80% of the total Engineered Value of the Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)

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Title Data. (a) Within 30 days (or such longer time period as acceptable to the Administrative Agent in its sole discretion) after the delivery to the Administrative Agent and the Lenders of each the Reserve Report required by Section 5.11, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 8090% of the total Engineered Minimum Mortgaged Value of the Oil and Gas Properties evaluated by such Reserve Report.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Exco Resources Inc), Term Loan Credit Agreement (Exco Resources Inc)

Title Data. (ae) Within 30 days (or such longer time period as acceptable to the Administrative Agent in its sole discretion) after the delivery to the Administrative Agent and the Lenders of each Reserve Report required by Section 5.11, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 80% ninety percent (90%) of the total Engineered Minimum Mortgaged Value of the Oil and Gas Properties evaluated by such Reserve Report.. EXCO/HGI Credit Agreement – Page 77

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Title Data. (ae) Within 30 days (or such longer time period as acceptable to the Administrative Agent in its sole discretion) after the delivery to the Administrative Agent and the Lenders of each Reserve Report required by Section 5.116.10, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties Interests evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 80% ninety percent (90%) of the total Engineered Minimum Mortgaged Value of the Oil and Gas Properties Interests evaluated by such Reserve Report.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

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Title Data. (a) Within 30 days (or such longer time period as acceptable to the Administrative Agent in its sole discretion) after the delivery to the Administrative Agent and the Lenders of each Reserve Report required by Section 5.116.10, the Borrower will deliver title information in form and substance acceptable to the Administrative Agent covering enough of the Oil and Gas Properties Interests evaluated by such Reserve Report that were not included in the immediately preceding Reserve Report so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 80% ninety percent (90%) of the total Engineered Minimum Mortgaged Value of the Oil and Gas Properties Interests evaluated by such Reserve Report.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

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