Charges Paid by Buyer. Buyer will reimburse ExxonMobil for charges made by the Operator after the Effective Time and paid by ExxonMobil and will pay overhead to ExxonMobil at a rate equal to 5% of the charges made by the Operator after the Effective Time and paid by ExxonMobil.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Resolute Energy Corp), Purchase and Sale Agreement (Resolute Energy Partners, LP)
Charges Paid by Buyer. Buyer will reimburse ExxonMobil for charges made by the Operator after the Effective Time and paid by ExxonMobil and will pay overhead to ExxonMobil at a rate equal to 5% of the charges made by the Operator after the Effective Time and paid by ExxonMobil.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Energy Xxi (Bermuda) LTD)
Charges Paid by Buyer. Buyer will reimburse ExxonMobil for charges made by the Operator of Interests not operated by ExxonMobil after the Effective Time and paid by ExxonMobil and will pay overhead to ExxonMobil at a rate equal to 5% of the charges made by the Operator after the Effective Time and paid by ExxonMobil$[****] per month pro rata.
Appears in 1 contract