After giving effect to the Silverback Acquisition and any additional title information and Security Instruments delivered by the Credit Parties in connection therewith, the Administrative Agent shall have received satisfactory title information on at least 85% of the total value of the Proved Oil and Gas Properties evaluated in the most recently delivered Reserve Report (as supplemented by any applicable Reserve Report or engineering database delivered to the Lenders prior to the Third Amendment Effective Date relating to the Silverback Assets) and the Mortgaged Properties shall represent at least 85% of the total value of the Proved Oil and Gas Properties evaluated in the most recently delivered Reserve Report (as supplemented by any applicable Reserve Report or engineering database delivered to the Lenders prior to the Third Amendment Effective Date relating to the Silverback Assets).