Ownership Variance. (a) If the adjustment is based upon Seller owning a lesser or greater net revenue interest with a corresponding proportionate lesser or greater working interest in an Asset than that shown on Exhibit “C”, then the adjustment shall be proportionate to the amount allocated to the affected Asset on Exhibit “C”.
Appears in 7 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)
Ownership Variance. (a) If the adjustment is based upon Seller Sellers owning a lesser or greater net revenue interest with a corresponding proportionate lesser or greater working interest in an Asset a Well than that shown on Exhibit “CB”, then the adjustment shall be proportionate to the amount allocated to the affected Asset Well on Exhibit “C”. If the adjustment is based upon a lesser or greater net revenue interest without a corresponding proportionate lesser or greater working interest in a Well than that shown on Exhibit “B”, then the Parties shall use their best efforts to agree upon a mutually acceptable Base Purchase Price adjustment.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.), Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.)
Ownership Variance. (a) If the adjustment is based upon Seller owning a lesser or greater net revenue interest with a corresponding Net Revenue Interest and proportionate lesser or greater working interest in an Asset Working Interest than that shown on Exhibit “C”, E,” then the adjustment shall be proportionate to the amount allocated to the affected Asset on Exhibit “CE.”.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Halcon Resources Corp)
