Payout Balances. Schedule 6.01(q) contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units subject to a 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 and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)
Payout Balances. Schedule Section 6.01(q) contains a complete and accurate list of the estimated status of any “payout” balance, as of the Effective Timedates shown in such Schedule, for the Xxxxx each Property operated by Seller, and Units to Seller’s Knowledge, for each Property not operated by Seller, that is subject to a reversion, back-in working interest, convertible interest 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 interestpayout.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Gastar Exploration Inc.)
Payout Balances. Schedule 6.01(q) 5.19 contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units subject to a reversion, back-in working interest, convertible interest 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: Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)
