Common use of NRI or WI Variances Clause in Contracts

NRI or WI Variances. Seller’s ownership of the Properties is such that, with respect to a well, unit or lease, it (A) entitles Seller to receive a decimal share of the oil, gas and other hydrocarbons produced from such well, unit, or lease, which is less than the decimal share set forth on Schedule I in connection with such well, unit or lease in the column headed “Net Revenue Interest” or (B) causes Seller to be obligated to bear a decimal share of the cost of operation of such well, unit or lease greater than the decimal share set forth on Schedule I in connection with such well, unit or leas in the column headed “Working Interest” (without at least a proportionate increase in the share of production to which Seller is entitled to receive therefrom).

NRI or WI Variances. Seller’s ownership of the Properties is such that, with respect to a well, well or unit or leaselisted on Schedule I hereto, it (A) entitles Seller to receive a decimal share of the oil, gas and other hydrocarbons produced from such well, unit, or lease, from currently producing completions in such well which is less than the decimal share set forth on Schedule I in connection with such well, well or unit or lease in the column headed “"Net Revenue Interest” " or (B) causes Seller to be obligated to bear a decimal share of the cost of operation of such well, well (as to such completions) or unit or lease greater than the decimal share set forth on Schedule I in connection with such well, well or unit or leas in the column headed “"Working Interest” " (without at least a proportionate increase in the share of production to which Seller is entitled to receive therefromfrom such well or unit).

NRI or WI Variances. Seller’s ownership of the Properties is such that, with respect to a well, well or unit or leaselisted on Schedule I hereto, it (Ai) entitles Seller to receive a decimal share of the oil, gas and other hydrocarbons produced from such well, unit, or lease, from currently producing completions in such well which is less than the decimal share set forth on Schedule I in connection with such well, well or unit or lease in the column headed “Net Revenue Interest” or (Bii) causes Seller to be obligated to bear a decimal share of the cost of operation of the currently producing completions in such well, well or unit or lease greater than the decimal share set forth on Schedule I in connection with such well, well or unit or leas in the column headed “Working Interest” (without at least a proportionate increase in the share of production to which Seller is entitled to receive therefromfrom such well or unit).