Common use of Outstanding Obligations Clause in Contracts

Outstanding Obligations. Except as otherwise described in Schedule 5.13, since the Effective Time, Seller has not issued or received any outstanding authorizations for expenditures or capital commitments in excess of One Hundred Thousand Dollars ($100,000), net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets.

Outstanding Obligations. Except as otherwise described in Schedule 5.13, since to the Effective Timeactual knowledge of Seller, Seller has not issued or received any as of the date of this Agreement, there are no outstanding authorizations for expenditures or capital commitments in excess of One Hundred Thousand Dollars ($100,000), net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets. Schedule 5.14 sets forth all capital projects known to Seller as of the date of this Agreement related to the Assets that are in progress.

Outstanding Obligations. Except as otherwise described in Schedule 5.13, since as of the Effective TimeExecution Date, Seller has not issued or received any outstanding authorizations for expenditures or capital commitments that are outstanding and in excess of One Hundred Seventy-Five Thousand Dollars ($100,000)75,000) or, net to the actual knowledge of Seller’s interest, or any other written commitments or proposals to conduct operations on the AssetsAssets for which an authority for expenditure would be required under the applicable operating agreement. Schedule 5.13 sets forth all capital projects actually known to Seller as of the Execution Date related to the Assets that are in progress.