Planned Future Commitments. Except for the continuing operations, operations conducted or commitments made in compliance with Section 5.2, and other matters set forth in Schedule “3.9”, such Seller has not and will not become legally obligated for any future commitments requiring an expenditure by such Seller in excess of One Hundred Thousand Dollars ($100,000.00) (net to such Seller’s interest) relating to any of the Properties after the Execution Date.
Planned Future Commitments. As of the date hereof, except as set forth on Schedule 5.1(r), there are no outstanding authorizations for expenditures (AFEs) or other commitments to make capital or other expenditures that are binding on any of the Assets which will require expenditures on or before May 15, 2013 in excess of $100,000, individually (net to Seller’s interest), or $300,000 in the aggregate (net to Seller’s interest).
Planned Future Commitments. There are no outstanding authorities for expenditures or other commitments to make capital expenditures that are binding on the Company or any of the Company Assets.
Planned Future Commitments. Except as disclosed on Exhibit 3.14(a), Seller has not received any authorities for expenditures (“AFEs”) or other commitments to make capital expenditures with respect to the Properties which will require expenditures after the Effective Time. Exhibit 3.14(b) lists, as of the date hereof, all outstanding AFEs received by Seller relating to the Properties as to which Seller has not made (or been deemed to have made) an election.
Planned Future Commitments. Except for drilling operations necessary to maintain a Lease beyond the end of its primary term, Schedule 5.1(r) sets forth Seller’s obligations to drill additional xxxxx or conduct other material development operations relating to the Assets. As of the date hereof, except as set forth on Schedule 5.1(r), there are no outstanding authorities for expenditures (AFEs) or other commitments to make capital expenditures that are binding on any of the Assets which will require expenditures within ninety (90) days after the Effective Time in excess of $25,000, individually (net to Seller’s interest), or $100,000 in the aggregate (net to Seller’s interest). Schedule 5.1(r) lists, as of the date hereof, all outstanding AFEs relating to the Assets as to which Seller has not made (or been deemed to have made) an election.
Planned Future Commitments. Except for the continuing operations and other matters set forth in Schedule "3.13" attached hereto and made a part hereof, the Sellers and CFLP have not and will not become legally obligated for any future expenditure commitments requiring an expenditure by the Sellers in excess of Ten Thousand Dollars ($10,000.00) relating to any of the Real Property Interests (drilling of wells, workovers, contract sxxxxxments, pipeline projects, production facilities, etc.), or the Wells after the date of this Agreement.
Planned Future Commitments. Except for the continuing operations, operations conducted or commitments made in compliance with Section 5.2, and other matters set forth in Schedule “3.12,” such Seller has not and will not become legally obligated for any future commitments requiring an expenditure by such Seller in excess of Fifty Thousand Dollars ($50,000.00) (net to the Sellers’ interest) relating to any of such Seller’s Properties (drilling of xxxxx, workovers, contract settlements, pipeline projects, production facilities, etc.) after the date of this Agreement.
Planned Future Commitments. Except as disclosed on Schedule 5.01(l) , none of the Columbia Entities is legally obligated for any capital expenditure in excess of $100,000 individually.
Planned Future Commitments. Subject to that certain Operating Agreement dated May 3, 2006, by and among K & E Field Services, EnergyQuest, Bullseye Energy, Inc., KRS&K, Redbird Oil, Wild West, White Hawk, Purgatory and Gashoma, except for drilling operations necessary to maintain a Lease beyond the end of its primary term, Schedule 10.01(p) sets forth Seller’s obligations to drill additional xxxxx or conduct other material development operations relating to the Assets. As of the date hereof, except as set forth on Schedule 10.01(p), there are no outstanding authorities for expenditures (“AFEs”) or other commitments to make capital expenditures that are binding on any of the Assets which will require expenditures within ninety (90) days after the Effective Time in excess of $250,000 individually (net to Seller’s interest), or $100,000 in the aggregate (net to Seller’s interest). Schedule 10.01(p) lists, as of the date hereof, all outstanding AFEs relating to the Assets as to which Seller has not made (or been deemed to have made) an election.
Planned Future Commitments. Except for commitments or other Contracts set forth on Schedule “3.14” or made in compliance with Section 5.2, the Properties are not subject to any future commitments requiring any expenditure by such Seller in excess of Two Hundred Thousand Dollars ($200,000.00) (net to the Sellers’ aggregate interests) relating to any of the Properties after the Effective Time.
