Common use of Operating and Drilling Costs Clause in Contracts

Operating and Drilling Costs. For the avoidance of doubt, all costs associated with or paid or incurred in connection with the exploration, drilling, testing, completing, maintaining, developing and operating the Xxxxx or otherwise incurred in connection with the ownership or operation of the Subject Interests other than Taxes and Post Production Cost Charges shall be borne solely by Assignor and shall not be included as Chargeable Costs.

Appears in 3 contracts

Samples: Perpetual Overriding Royalty Interest Conveyance (Chesapeake Granite Wash Trust), Perpetual Overriding Royalty Interest Conveyance (Chesapeake Granite Wash Trust), Perpetual Overriding Royalty Interest Conveyance (Chesapeake Granite Wash Trust)

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Operating and Drilling Costs. For the avoidance of doubt, all costs associated with or paid or incurred in connection with the exploration, drilling, testing, completing, maintaining, developing and operating the Development Xxxxx or otherwise incurred in connection with the ownership or operation of the Subject Interests other than Taxes and Post Production Cost Charges shall be borne solely by Assignor and shall not be included as Chargeable Costs.

Appears in 2 contracts

Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I), Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I)

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Operating and Drilling Costs. For the avoidance of doubt, all costs associated with or paid or incurred in connection with the exploration, drilling, testing, completing, maintaining, developing and operating the Xxxxx or otherwise incurred in connection with the ownership or operation of the Subject Interests other than Taxes and Post Production Cost Charges shall be borne solely by Assignor and shall not be included as Chargeable Costs.

Appears in 2 contracts

Samples: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I), Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust I)

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