Common use of No Prepayments Clause in Contracts

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its interest in the Assets that would obligate Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full payment.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)

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No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its Seller's interest in the Assets that would obligate Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full payment.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

No Prepayments. There To Seller's Knowledge, there have been no advanceadvanced, take or pay or other prepayments received by Seller with respect to its interest in the Assets that would obligate Seller or Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full paymentpayment therefor.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Legacy Reserves L P), Purchase and Sale Agreement (Legacy Reserves L P)

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its interest in the Assets Property that would obligate Seller or Buyer to deliver Hydrocarbon production from the Assets any Property after the Effective Time without receiving full paymentpayment at the time of delivery.

Appears in 2 contracts

Samples: Purchase Agreement (Centennial Resource Development, Inc.), Purchase Agreement (Centennial Resource Development, Inc.)

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its Seller’s interest in the Assets that would obligate Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full payment.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its interest in the Assets that would obligate Seller or Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full payment.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

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No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its interest in the Conveyed Assets that would obligate Seller or Buyer to deliver Hydrocarbon production from the Conveyed Assets after the Effective Time Closing Date without receiving full paymentpayment therefor.

Appears in 1 contract

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

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its interest in the Conveyed Assets that would obligate Seller or Buyer to deliver Hydrocarbon production from the Assets Properties after the Effective Time without receiving full paymentpayment therefor.

Appears in 1 contract

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

No Prepayments. There have been no advance, take or pay or other prepayments received by Seller with respect to its Seller’s interest in the Assets that would obligate {1919007;4} - 29 - Buyer to deliver Hydrocarbon production from the Assets after the Effective Time without receiving full payment.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

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