Common use of Payout Balances Clause in Contracts

Payout Balances. To such Seller’s Knowledge, Schedule 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the date set forth in Schedule 6.01(p), for the Xxxxx 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) 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.)

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Payout Balances. To such Seller’s 's Knowledge, Schedule 6.01(p) 10.1.3 contains a complete and accurate list of the status of any "payout" balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx 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) in which such Seller owns an interest).

Appears in 2 contracts

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

Payout Balances. To such each Seller’s Knowledge's knowledge, Schedule 6.01(p) 5.17 contains a complete and accurate list of the status of any “payout” balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx 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) in which such Seller owns an interest).

Appears in 2 contracts

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

Payout Balances. To such Seller’s Knowledgeknowledge, Schedule 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx 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) in which such Seller owns an interest).

Appears in 2 contracts

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

Payout Balances. To such Seller’s Knowledge, Schedule 6.01(p6.01(q) contains a complete and accurate list of the status of any “payout” balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx 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

Samples: Purchase, Sale and Option Agreement, Purchase, Sale and Option Agreement (Resolute Energy Corp)

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Payout Balances. To such Seller’s Knowledge, Schedule 6.01(p) 4.14 contains a complete and accurate list of the status of any “payout” balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx 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) in which such Seller owns an interest).

Appears in 1 contract

Samples: Agreement (Forest Oil Corp)

Payout Balances. To such Seller’s Knowledge, Schedule 6.01(p) 4.14 contains a complete and accurate list of the status of any "payout" balance, as of the date set forth in Schedule 6.01(p)Effective Time, for the Xxxxx Wxxxx 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) in which such Seller owns an interest).

Appears in 1 contract

Samples: Agreement (Linn Energy, LLC)

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