Outstanding Capital Commitments. As of the date of this Agreement, there are no outstanding authorities for expenditure which are binding on the Assets and which Grantor reasonably anticipates will individually require expenditures by Grantor or its successors in interest from and after the Effective Time in excess of Fifty Thousand Dollars ($50,000), other than as shown on Schedule 5.22, other than those incurred in the ordinary course of business and other than the Capital Projects.
Appears in 4 contracts
Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)