Common use of Engineering Fees Clause in Contracts

Engineering Fees. On the Closing Date and on the date of each Borrowing Base redetermination, Borrowers shall pay to and reimburse Lender for all reasonable and customary fees and expenses in connection with the Engineering Reports.

Appears in 3 contracts

Sources: Senior First Lien Secured Credit Agreement (Cross Border Resources, Inc.), Senior First Lien Secured Credit Agreement (Cross Border Resources, Inc.), Senior First Lien Secured Credit Agreement (Red Mountain Resources, Inc.)