Payout Status. To Seller’s Knowledge, Schedule 3.27 contains a true and correct list of the status of any “payout” balance (net to the interest of Seller), as of the dates set forth on Schedule 3.27, for each Well that is subject to a reversion or other adjustment at some level of cost recovery or payout.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Midstates Petroleum Company, Inc.)
Payout Status. To Seller’s Knowledge, Schedule 3.27 3.2.12 contains a true and correct list of the status of any “payout” balance (net to the interest of Seller)balance, as of the dates date set forth on Schedule 3.27such schedule, for each Well that is the Xxxxx subject to a reversion or other adjustment at some level of cost recovery or payoutpayout (or passage of time or other event other than termination of a Lease by its terms).
Appears in 2 contracts
Samples: Purchase Agreement (Centennial Resource Development, Inc.), Purchase Agreement (Centennial Resource Development, Inc.)
