Common use of Further Reports Clause in Contracts

Further Reports. The Obligors shall, if reasonably requested by the Technical Bank following the occurrence of a Default and having considered the availability of other reports with reference to the same, commission at the Obligors’ expense a report from the Independent Engineer and make available to the Independent Engineer all such information as is available to the Obligors and which is reasonably required for the purposes of the report, and supply to the Technical Bank such evaluation and other reports relating to any one or more of the Borrowing Base Assets as the Technical Bank shall have requested.

Appears in 2 contracts

Sources: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp)