Advance Billings. OPERATOR shall have the right to require each PARTY to advaxxx xxx respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well attributable thereto.
Appears in 1 contract
Advance Billings. OPERATOR shall have the right to require each PARTY to advaxxx xxx axxxxxx xts respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well attributable thereto.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC)
Advance Billings. OPERATOR shall have the right to require each PARTY to advaxxx xxx adxxxxx xxs respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well operation attributable thereto.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Enengy K Fund LLC)
Advance Billings. OPERATOR shall have the right to require each PARTY to advaxxx xxx axxxxxx xts respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well operation attributable thereto.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC)
Advance Billings. OPERATOR shall have the right to require each PARTY to advaxxx xxx adxxxxx xxs respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well attributable thereto.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Enengy K Fund LLC)
Advance Billings. OPERATOR shall have the right to xxxxx xx require each PARTY to advaxxx xxx advance its respective share of estimated expenditures pursuant to Exhibit "C". As to any party who fails to pay its share of said advance payment within fifteen (15) days after receipt of such statement and invoice, Operator will notify such affected party of its default by certified mail, return receipt requested and if such party fails to cure the default within ten (10) days from the date of receipt of Operator's Notice, by payment in full of the outstanding invoices for advance payment, at Operator's election, the affected Party shall be deemed non-consent as to the proposed well operation attributable thereto.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Energy L Fund LLC)