Payout Status. To Seller’s Knowledge, Schedule 3.2.12 contains a list of the status of any “payout” balance, as of the date set forth on such schedule, for the Xxxxx 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: Agreement to Assign (Centennial Resource Development, Inc.), Agreement to Assign (Centennial Resource Development, Inc.)
Payout Status. To Seller’s Knowledge, Schedule 3.2.12 3.27 contains a true and correct list of the status of any “payout” balancebalance (net to the interest of Seller), as of the date dates set forth on such scheduleSchedule 3.27, for the Xxxxx 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 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Midstates Petroleum Company, Inc.)
Payout Status. To Seller’s Knowledge, Schedule 3.2.12 5.15 contains a list of the estimated status of any “payout” balancepayout balance (net to the interest of Seller), as of the date set forth on such scheduleSchedule, for the Xxxxx 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.
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