Common use of Payout Balances Clause in Contracts

Payout Balances. To Seller's Knowledge, Schedule 10.1.3 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the ▇▇▇▇▇ and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 2 contracts

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

Payout Balances. To each Seller's Knowledgeknowledge, Schedule 10.1.3 5.17 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the ▇▇▇▇▇ and Units units included in the Subject Interests subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 2 contracts

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

Payout Balances. To Seller's Knowledge, Schedule 10.1.3 6.01(q) contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the ▇▇▇▇▇ and Units subject to a reversion reversion, back-in working interest, convertible interest or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms)) in which such Seller owns an interest.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)

Payout Balances. To Seller's ’s Knowledge, Schedule 10.1.3 contains a complete and accurate list of 5.26 sets forth the status of any "payout" balance, as of the Effective Timedates shown on Schedule 5.26, for the ▇▇▇▇▇ and Units each Well that is subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms)payout.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Payout Balances. To Seller's Knowledge, Schedule 10.1.3 5.19 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the ▇▇▇▇▇ and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Sources: Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)

Payout Balances. To Seller's ’s Knowledge, Schedule 10.1.3 4.14 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the ▇▇▇▇▇ and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Forest Oil Corp)

Payout Balances. To Seller's ’s Knowledge, Schedule 10.1.3 4.14 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the W▇▇▇▇ and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

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

Payout Balances. To Seller's Knowledge, Schedule 10.1.3 5.21 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Timedates shown in such Schedule, for the with respect to ▇▇▇▇▇ and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)