Payout Balances. To each Seller's knowledge, Schedule 5.17 contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and 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
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)
Payout Balances. To each such Seller's knowledge’s Knowledge, Schedule 5.17 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the Effective Timedate set forth in Schedule 6.01(p), for the Xxxxx and units included in the Subject Interests 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)) in which such Seller owns an interest.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Athlon Energy Inc.), Purchase and Sale Agreement (Athlon Energy Inc.)
Payout Balances. To each Seller's ’s knowledge, Schedule 5.17 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and units included in the Subject Interests 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
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)
