Certain Charges Borne In Proportions. Of Pre-Pooled Interests The Operator shall pay taxes assessed against equipment owned jointly by all or some of the Parties and charge any such taxes to the account of the applicable Parties. Except as otherwise provided in the preceding sentence, Clause 5.2 of this Head Agreement and the Operating Procedure, each Party shall pay all rentals, taxes, royalties, Encumbrances and other payments or burdens on the Title Documents that it contributes to this Agreement in accordance with its Pre-Pooled Interest. Each Party shall defend, indemnify and hold each other Party harmless from and against all claims, demands and causes of action for those rentals, taxes, royalties, Encumbrances and other payments or burdens with respect to its Pre-Pooled Interest in the applicable Title Documents.
Appears in 6 contracts
Samples: Pooling Agreement, Pooling Agreement, Pooling Agreement
