Common use of Compliance with the Laws and Agreements; No Defaults Clause in Contracts

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem all or any portion of any Debt outstanding under any material indenture, note, credit agreement or other similar instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is boundoutstanding. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem all or any portion of any Debt outstanding under any indenture, note, credit agreement or other similar instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party the Loan Parties or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit the such Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which the Borrower or any Credit Party Subsidiary or any of their Properties is boundbound where such default could reasonably be expected to result in a Material Adverse Effect. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations granted by Governmental Authorities necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any a Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party and each Restricted Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness Debt is outstanding or by which any Credit the Loan Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements agreements, indentures and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem all or any portion of any Debt outstanding under any indenture, note, credit agreement or other similar instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party the Loan Parties or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Loan Parties (i) to its knowledge, is in material compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and (ii) possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations authorizations, in each case, necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party None of the Loan Parties is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default result in or permit the acceleration of the maturity of or would require the Borrower or any Credit other Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which the Borrower or any Credit other Loan Party or any of their Properties is bound. (c) No Default has occurred and is continuing. (d) No Major Material Contract EOD occurred.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Except as set forth on Schedule 7.07, each Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any a Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except except, in each case, where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Note Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Note Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Note Party to Redeem or make any offer to Redeem all or any portion of any Debt outstanding under any indenture, note, credit agreement or other similar instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party the Note Parties or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. . (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem all or any portion of any Material Indebtedness outstanding under any indenture, note, credit agreement or other similar instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party the Loan Parties or any of their Properties is bound. (c) No Event of Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, CHAPARRAL ENERGY, L.L.C. SEVENTH RESTATED CREDIT AGREEMENT would constitute a default or would require any a Credit Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no under, nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default under, or would require any Credit such Loan Party to Redeem or make any offer to Redeem under do any of the foregoing under, any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit such Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem do any of the foregoing under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit such Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Such Credit Parties is Party and its Subsidiaries are in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Neither such Credit Party nor any Subsidiary is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any such Credit Party or a Subsidiary to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any such Credit Party or its Subsidiaries or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party and each Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit the Loan Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit such Loan Party to Redeem or make any offer to Redeem do any of the foregoing under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit such Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit a Loan Party to Redeem or make any offer to Redeem all or any portion of any Debt outstanding under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit a Loan Party or any of their Properties is bound. (c) No Default has occurred and is continuing.

Compliance with the Laws and Agreements; No Defaults. (a) Each of the Credit Parties Loan Party is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. (b) No Credit Loan Party is in default and no nor has any event or circumstance has occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require any Credit Loan Party to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which any Credit Loan Party or any of their its Properties is bound. (c) No Default has occurred and is continuing.