Common use of Post-Final Accounting Settlement Expenses Clause in Contracts

Post-Final Accounting Settlement Expenses. 6.7.1 Seller shall reimburse Buyer for any and all Charges paid by Buyer (to the extent not accounted for in the Final Accounting Settlement or the Transition Agreement) that are attributable to periods prior to the Effective Time, except producing, drilling and overhead charges payable to Seller or its Affiliates and the sum per month specified in Article 6.2.2 which are to be retained by Seller, and 6.7.2 Buyer shall reimburse Seller for any and all Charges paid by Seller (to the extent not accounted for in the Final Accounting Settlement or the Transition Agreement) that are attributable to periods after the Effective Time. The Party responsible for making payment in Articles 6.7.1 or 6.7.2 above shall make full payment to the other Party within thirty (30) Days after receipt of an applicable invoice and proof that such invoice was paid for the Charges in question.

Post-Final Accounting Settlement Expenses. 6.7.1 (a) Seller shall reimburse Buyer for any and all Charges paid by Buyer or the New GP (to the extent not accounted for in the Final Accounting Settlement or the Transition Agreement) that are attributable to periods prior to the Effective Time, except producing, drilling and overhead charges payable to Seller or its Affiliates and the sum per month specified in Article 6.2.2 Transition Fees which are to be retained by Seller, and 6.7.2 and (b) Buyer shall reimburse Seller for any and all Charges paid by Seller (to the extent not accounted for in the Final Accounting Settlement or the Transition Agreement) that are attributable to periods after the Effective Time. The Party responsible for making payment in Articles 6.7.1 (a) or 6.7.2 (b) above shall make full payment to the other Party within thirty (30) Days after receipt of an applicable invoice and proof that such invoice was paid for the Charges in question.