Allocation of Costs and Expenses. All costs and expenses, including Acquisition Costs and Well Costs, relating to the Designated Property shall be shared as follows: (i) 100% to CWEI before Payout and (ii) 1% to CWEI and 99% to the Participants after Payout, apportioned among the Participants in proportion to the percentages listed on Exhibit A attached hereto.
Appears in 14 contracts
Samples: Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De)
Allocation of Costs and Expenses. .. All costs and expenses, including Acquisition Costs and Well Costs, relating to the Designated Property shall be shared as follows: (i) 100% to CWEI before Payout and (ii) 1% to CWEI and 99% to the Participants after Payout, apportioned among the Participants in proportion to the percentages listed on Exhibit A attached hereto.
Appears in 4 contracts
Samples: Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De)