Common use of Current Commitments Clause in Contracts

Current Commitments. Schedule 4.12 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) 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 that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Atlas Resource Partners, L.P.)

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Current Commitments. Schedule 4.12 4.14 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) relating to the Properties to drill or rework Xxxxx Wxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint or unit operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Houston Exploration Co), Purchase and Sale Agreement (Houston Exploration Co)

Current Commitments. Schedule 4.12 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) relating to the Properties Assets to drill or rework Subject Xxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement...

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Vanguard Natural Resources, LLC)

Current Commitments. Schedule 4.12 4.11 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) 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 or unit operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (W&t Offshore Inc), Purchase and Sale Agreement (Callon Petroleum Co)

Current Commitments. Schedule 4.12 sets forth, as of the date of this Agreement, forth all authorities for expenditures (“AFEs”) relating to the Properties RTP Assets to drill or rework Xxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities or commitments anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 1 contract

Samples: Conger Purchase and Sale Agreement (Range Resources Corp)

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Current Commitments. Schedule 4.12 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) relating to the Properties to drill or rework Xxxxx Wells or for xxx other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carrizo Oil & Gas Inc)

Current Commitments. Schedule 4.12 5.13 sets forth, as of the date of this Agreement, all authorities for expenditures (“AFEs”) 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 or unit operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Energy Partners LTD)

Current Commitments. Schedule 4.12 6.18 sets forth, forth as of the date of this Agreement, Agreement all authorities authorizations for expenditures (“AFEs”) relating to the Properties Assets to drill or rework Xxxxx wxxxx or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement that have been sent or received by Seller and which in each case require expenditures in excess of $100,000 and for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ring Energy, Inc.)

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