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 4.14 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) relating to the Properties to drill or rework Wxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint or unit 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 3.14 sets forth as of the date of this Agreement all authorizations for expenditures (“AFEs”) in excess of $100,000 per individual AFE or series of related AFEs, in each case, received or issued by Seller and relating to Seller’s interest in the Assets to drill or rework xxxxx or for other capital expenditures pursuant to any of the Material 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. 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. Exhibit 12 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 3.12 sets forth, as of the Execution Date, all authorities for expenditures or other capital commitments (“AFEs”) relating to the Assets to drill or rework Xxxxx or for other capital expenditures that will be binding on Buyers or any of the Assets after Closing for which all of the activities anticipated in such AFEs have not been completed by the Execution Date.
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.
