Common use of Outstanding Obligations Clause in Contracts

Outstanding Obligations. Except as otherwise described in Schedule 5.14, there are no outstanding authorizations for expenditures in excess of Fifty Thousand Dollars ($50,000), 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 5.146.14, there are no (a) outstanding authorizations for expenditures in excess of Fifty Thousand Dollars ($50,00050,000.00), net to Seller’s interest, or (b) 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 and the amount therefor is in excess of Fifty Thousand Dollars ($50,000.00), net to Seller’s interest.

Outstanding Obligations. Except as otherwise described in Schedule 5.14, as of the date of this Agreement, there are no outstanding authorizations for expenditures in excess of Two Hundred Fifty Thousand Dollars ($50,000250,000), net to Seller’s interestthe collective interest of Sellers, or other written commitments or proposals to conduct operations on the Assets.

Outstanding Obligations. Except as otherwise described in Schedule 5.145.15, as of the Execution Date, there are no outstanding authorizations for expenditures or capital commitments in excess of Fifty Thousand fifty thousand U.S. Dollars ($50,000), individually, net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets.