Current Commitments. Schedule 4.14 sets forth, as of the date of this Agreement, all authorities for expenditures or other current commitments (“AFE’s”) relating to the Conveyed Interests to drill or rework Xxxxx or for other capital expenditures that in each case will be binding upon Buyer or the Conveyed Interests after Closing, for which all of the activities anticipated in such AFE’s have not been completed by the date of this Agreement.
Current Commitments. Schedule 3.11 sets forth, as of the Execution Date, all authorities for expenditures relating to the Assets to drill or rework Xxxxx (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Current Commitments. Schedule 4.13 sets forth, as of the date of this Agreement, any authority for expenditures (“AFE”) in excess of $100,000 relating to the Properties to drill or rework Xxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.
Current Commitments. Schedule 6.14 sets forth as of the Execution Date all authorities for expenditures in excess of $200,000 (“AFE’s”) (net to the interest of Seller) relating to the Oil and Gas Properties to drill or rework Xxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable operating agreement for which all of the activities anticipated in such AFE’s or commitments have not been completed as of the Execution Date.
Current Commitments. Schedule 5.17 sets forth as of the date of this Agreement all authorizations for expenditures (“AFEs”) in excess of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) per individual AFE or series of related AFEs, in each case, received or issued by such Seller and relating to such Seller’s interest in the Assets to drill or rework xxxxx or for other capital expenditures pursuant to any of the Contracts, in each case, for which all of the activities anticipated in such AFEs or commitments have not been completed as of the date of this Agreement.
Current Commitments. Exhibit 10 contains a true and complete list, as of the Closing Date, of all AFEs approved by such Seller to drill or rework xxxxx or for material capital expenditures pursuant to any of the Contracts for which all of the activities anticipated in such authorities for material expenditures or material commitments have not been completed by the Closing Date and having a remaining expenditure obligation in excess of Fifty Thousand Dollars ($50,000.00) USD each.
Current Commitments. Schedule 4.14 sets forth, as of the date of this Agreement, all authorities for expenditures or other current commitments (“AFE’s”) relating to the Subject Interests to drill or rework Xxxxx, build gathering systems or for other capital expenditures that in each case will be binding upon BG, any Newco, Midstream LLC, the Operator or the Subject Interests after Closing, for which all of the activities anticipated in such AFE’s have not been completed by the date of this Agreement, provided that the Parties acknowledge that no AFE to fund the acquisition of additional Leases shall be binding on any Newco, Midstream LLC or the Operator, and any such acquisition shall be subject to the terms and conditions of Section 6.7, or Article 9 of the Joint Development Agreement, as applicable.
Current Commitments. The Exhibits contain a true and complete list as ------------------- of the date of this Agreement of all authorities for expenditures to drill or rework Xxxxx or for capital expenditures pursuant to any of the Contracts for which all of the activities anticipated in such authorities for expenditures or commitments have not been completed by the date of this Agreement.
Current Commitments. Except for the continuing operations and other matters set forth in Schedule 3.16, the Seller is not legally obligated for any future commitments requiring an expenditure by the Seller in excess of Two Hundred Thousand Dollars ($200,000.00) (net to the Seller’s interest) relating to any of the Properties.
Current Commitments. Schedule 10.1.16 contains a true and complete list of (a) all authorizations for expenditures for all drilling operations applicable to the Properties in excess of Seven Hundred Fifty Thousand Dollars ($750,000) or for capital expenditures to such Properties in excess of Seven Hundred Fifty Thousand Dollars ($750,000) that have been proposed by any person or entity on or after the Effective Time, whether or not accepted by Seller or any other person or entity and (b) all authorizations for expenditure in excess of Seven Hundred Fifty Thousand Dollars ($750,000) and written commitments for all drilling operations in excess of Seven Hundred Fifty Thousand Dollars ($750,000) applicable to such Properties or for other capital expenditures to such Properties in excess of Seven Hundred Fifty Thousand Dollars ($750,000) for which all of the activities anticipated in such authorizations for expenditures or commitments have not been completed by the Effective Time.
