Common use of Gas Imbalances, Prepayments Clause in Contracts

Gas Imbalances, Prepayments. Except as set forth in Schedule 3.24, on a net basis there are no gas imbalances, take-or-pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that would require the Borrower or any Subsidiary to deliver Hydrocarbons either generally or produced from the Oil and Gas Properties at some future time without then or thereafter receiving full payment therefor.

Gas Imbalances, Prepayments. Except as set forth on Schedule 3.17 or as disclosed in Schedule 3.24writing to the Administrative Agent and the Lenders in connection with the most recently delivered Reserve Report, on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that would require the Parent, the Borrower or any Subsidiary of the Restricted Subsidiaries to deliver Hydrocarbons either generally or produced from the their respective Oil and Gas Properties at some future time without then or thereafter receiving full payment therefortherefor exceeding two Bcf of gas (or its equivalent) of gas in the aggregate on a net basis.

Gas Imbalances, Prepayments. Except as set forth in on Schedule 3.247.18 or on the most recent certificate delivered pursuant to Section 8.12(c), on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that which would require the Borrower or any Subsidiary of the Borrower’s Subsidiaries to deliver Hydrocarbons either generally or produced from the their Oil and Gas Properties at some future time without then or thereafter receiving full payment therefortherefor exceeding one-half bcf of gas (on an mcf equivalent basis) in the aggregate.

Gas Imbalances, Prepayments. Except as set forth on Schedule 3.17 or as disclosed in Schedule 3.24writing to the Administrative Agent and the Lenders in connection with the most recently delivered Reserve Report, on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that would require the Parent, the Borrower or any Subsidiary of the Restricted Subsidiaries to deliver Hydrocarbons either generally or produced from the their respective Oil and Gas Properties at some future time without then or thereafter receiving full payment therefortherefor exceeding two Bcf of gas (or its equivalent) in the aggregate on a net basis.

Gas Imbalances, Prepayments. Except as set forth in on Schedule 3.247.16 or on the most recent Reserve Report Certificate, on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that which would require the Borrower or any Subsidiary of its Subsidiaries to deliver Hydrocarbons either generally or produced from the their Oil and Gas Properties at some future time without then or thereafter receiving full payment therefortherefor exceeding two (2) Bcf of gas (on an mcf equivalent basis) in the aggregate.

Gas Imbalances, Prepayments. Except as set forth on Schedule 4.25 or as disclosed in Schedule 3.24writing to the Administrative Agent and the Lenders in connection with the most recently delivered Reserve Report, on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that would require the Borrower or any Subsidiary of the Restricted Subsidiaries to deliver Hydrocarbons either generally or produced from the their respective Oil and Gas Properties at some future time without then or thereafter receiving full payment therefor.

Gas Imbalances, Prepayments. Except as set forth in on Schedule 3.247.18 or on the most recent certificate delivered pursuant to Section 8.12(c), on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that which would require the Borrower or any Subsidiary of its Restricted Subsidiaries to deliver Hydrocarbons either generally or produced from the Oil and Gas Borrowing Base Properties of the Borrower or any Restricted Subsidiary at some future time without then or thereafter receiving full payment therefortherefor exceeding one bcf of gas (on an mcf equivalent basis) in the aggregate.

Gas Imbalances, Prepayments. Except as set forth in on Schedule 3.247.18 or on the most recent Reserve Report Certificate, on a net basis there are no gas imbalances, take-or-take or pay arrangements or other prepayments (including deferred production agreements or volumetric production payments) with respect to the Oil and Gas Properties or production therefrom that which would require the Borrower or any Subsidiary of its Subsidiaries to deliver Hydrocarbons either generally or produced from the their Oil and Gas Properties at some future time without then or thereafter receiving full payment therefortherefor exceeding two (2) Bcf of gas (on an mcf equivalent basis) in the aggregate.