Title Coverage. 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 value of the proved Oil and Gas Properties of the Borrower and the Subsidiaries evaluated in the most recently delivered Reserve Report.
Appears in 2 contracts
Sources: Credit Agreement (Rex Energy Corp), Credit Agreement (Rex Energy Corp)
Title Coverage. 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 value of the proved Oil and Gas Properties of the Borrower and the Subsidiaries evaluated in the most recently delivered Reserve Report.. LEGAL_US_W # 82784085.2
Appears in 1 contract
Sources: Credit Agreement (Rex Energy Corp)