Common use of Outstanding Capital Commitments Clause in Contracts

Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) and which will individually require expenditures by Buyer after Closing in excess of $50,000 (net to Company Parties’ interest), other than those set forth on Schedule 4.1(o).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (WildHorse Resource Development Corp)

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Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) and which Seller reasonably anticipates will individually require expenditures by the Buyer after Closing in excess of five hundred thousand dollars ($50,000 (net to Company Parties’ interest500,000), other than those set forth on Schedule 4.1(o2.2(a)(viii) or Schedule 3.1(p).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Sandridge Energy Inc)

Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) and which Seller reasonably anticipates will individually require expenditures by the Buyer after Closing in excess of fifty thousand dollars ($50,000 (net to Company Parties’ interest)50,000) per Property, other than those set forth on Schedule 4.1(o3.1(r).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

Outstanding Capital Commitments. As of the Execution Dateexecution date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) or Seller and which Seller reasonably anticipates will individually require expenditures by Buyer Purchaser after Closing in excess of $50,000 (net to Company Parties’ Seller’s interest), other than those set forth on in Schedule 4.1(o(o).

Appears in 1 contract

Samples: Asset Purchase Agreement (Infinity Energy Resources, Inc)

Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) and which Seller reasonably anticipates will individually require expenditures by the Buyer after Closing in excess of one hundred thousand dollars ($50,000 (net to Company Parties’ interest100,000), other than those set forth on Schedule 4.1(o3.1(n).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Abraxas Petroleum Corp)

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Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) or any Seller and which any Seller reasonably anticipates will individually require expenditures by Buyer after Closing in excess of $50,000 (net to Company PartiesSellers’ interest), other than those set forth on in the Capital Budget or Schedule 4.1(o3.1(p).

Appears in 1 contract

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

Outstanding Capital Commitments. As of the Execution Date, there are no outstanding contractual commitments to make capital expenditures that are binding on the Conveyed Properties (other than the Buyer Operated Properties) and which such Party Seller reasonably anticipates will individually require expenditures by Buyer after Closing in excess of one hundred thousand dollars ($50,000 100,000) (net to Company Parties’ Seller’s interest)) per Property, other than those set forth on Schedule 3.2(a)(x) or Schedule 4.1(o).

Appears in 1 contract

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

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