Common use of Gas Pipeline Imbalances Clause in Contracts

Gas Pipeline Imbalances. Except for the gas imbalances reflected on Exhibit G (“Imbalance Volumes”), there do not exist any gas imbalances (i) which are with gatherers processors, or transporters (ii) which are associated with the Assets and (iii) for which Sellers have received a quantity of gas prior to the Effective Time for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Arete Industries Inc), Purchase and Sale Agreement (Arete Industries Inc)

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Gas Pipeline Imbalances. Except for the gas imbalances reflected on Exhibit G Schedule 6.15 (“Imbalance Volumes”), there do not exist any gas imbalances (i) which are with gatherers gatherers, processors, or transporters transporters, (ii) which are associated with the Assets Assets, and (iii) for which Sellers have where Seller has received a quantity of gas prior to the Effective Time Date, for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

Gas Pipeline Imbalances. Except for the gas imbalances reflected on Exhibit G Schedule 6.16 ("Imbalance Volumes"), there do not exist any gas imbalances (i) which are with gatherers gatherers, processors, or transporters transporters, (ii) which are associated with the Assets Assets, and (iii) for which Sellers have where Seller has received a quantity of gas prior to the Effective Time Date, for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

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Gas Pipeline Imbalances. Except for the gas imbalances reflected on Exhibit G (“Imbalance Volumes”), there do not exist any gas imbalances (i) which are with gatherers gatherers, processors, or transporters transporters, and (ii) which are associated with the Assets and (iii) for which Sellers have received a quantity of gas prior to the Effective Time for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

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