Reserve Report Date definition

Reserve Report Date means January 1, with respect to Reserve Reports, and July 1, with respect to Alternate Reserve Reports, it being understood that no date shall be deemed a Reserve Report Date until the applicable Reserve Reports or Alternate Reserve Reports with respect thereto are available.
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Reserve Report Date has the meaning set forth in Section 5.15(a).
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Reserve Report Date means July 25, 1997.
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Examples of Reserve Report Date in a sentence

  • Borrower shall, at its sole expense, Cause an engineering reserve report relating to the Properties (the “Reserve Report”) to be prepared and delivered to Administrative Agent semi-annually beginning on the First Reserve Report Date.

  • Tariffs on international co for negotiations partially because service.

  • December 31, 2015 Reserve Report Date 2017 5‐Year Gas Price Forecast – DMCL and Petrotech Reports December 31, 2016 vs.

  • Borrower agrees that Lender shall debit the Project Account for all Related Costs, including Lender's legal fees and expenses, related to this Amendment and for monthly interest payments until such earlier time as the Project Account is fully depleted or the First Reserve Report Date.

  • Borrower shall, at its sole expense, Cause an internal engineering reserve report relating to the Properties (the “Reserve Report”) to be prepared and delivered to Administrative Agent semi-annually beginning on the First Reserve Report Date.


More Definitions of Reserve Report Date

Reserve Report Date means December 31 and June 30 of each year, it being understood that no date shall be deemed a Reserve Report Date until the applicable Reserve Reports with respect thereto are available. Responsible Officer shall mean each of the chief executive officer, president, chief financial officer and treasurer of each Loan Party, or with respect to Cardinal States Gathering Company, a Virginia general partnership, at any time such general partnership does not have one of the foregoing officers, its management committee representative. Revolving Availability Period shall mean the period from and including the Closing Date to but excluding the earlier of the Expiration Date and the date of termination of the Revolving Credit Commitments. Revolving Credit Commitment shall mean, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(B) in the column labeled “Amount of Commitment for Revolving Credit Loans,” and thereafter on Schedule I to the most recent Assignment and Assumption Agreement, and Revolving Credit Commitments shall mean the aggregate Revolving Credit Commitments of all of the Lenders.
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Reserve Report Date means (a) December 31 of the preceding calendar year, if a Reserve Report is delivered pursuant to Section 2.10(b)(i) of the Sponsor Subsidiary Credit Agreement or (b) the date of delivery of the Redetermination Notice, in all other cases under the Sponsor Subsidiary Credit Agreement.
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Related to Reserve Report Date

  • Reserve Report means a report, in form and substance reasonably satisfactory to the Administrative Agent, setting forth, as of each January 1st or July 1st (or such other date in the event of an Interim Redetermination) the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower and its Subsidiaries, together with a projection of the rate of production and future net income, taxes, operating expenses and capital expenditures with respect thereto as of such date, based upon the economic assumptions consistent with the Administrative Agent’s lending requirements at the time.

  • Initial Reserve Report means the report prepared by or under the supervision of the chief engineer of the Borrower with respect to certain Oil and Gas Properties of the Borrower and its Restricted Subsidiaries as of December 31, 2018.

  • Reserve Report Certificate means a certificate of an Authorized Officer in substantially the form of Exhibit A certifying as to the matters set forth in Section 9.14(c).

  • Report Date means the third Business Day before the related Distribution Date.

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.

  • Financial Statement Date means December 31, 1999.

  • Engineering Report means either an Independent Engineering Report or an Internal Engineering Report.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Interim Report means a report identifying the contributions received and

  • Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Servicing Report has the meaning assigned to that term in Section 6.08(b).

  • Interim Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to an Interim Redetermination becomes effective as provided in Section 2.07(d).

  • Master Servicer Reporting Date With respect to any Distribution Date, 3:00 p.m. New York time on the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately succeeding such 18th day.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).