Common use of Post-Final Accounting Settlement Clause in Contracts

Post-Final Accounting Settlement. Any revenues received or operating costs paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be billed or reimbursed to Buyer, as appropriate.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Enterra Energy Trust), Purchase and Sale Agreement (Enterra Energy Trust), Purchase and Sale Agreement (Enterra Energy Trust)

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Post-Final Accounting Settlement. Any revenues received or operating costs and expenses paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be reimbursed or billed or reimbursed to Buyer, as appropriate.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Markwest Hydrocarbon Inc), Asset Purchase and Sale Agreement (Markwest Energy Partners L P)

Post-Final Accounting Settlement. Any revenues received or operating costs and expenses paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed to or reimbursed to SellerSellers, as appropriate. Any revenues received or costs and expenses paid by Seller Sellers after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be billed to or reimbursed to Buyer, as appropriate.

Appears in 1 contract

Samples: Participation Agreement (Baron Energy Inc.)

Post-Final Accounting Settlement. Any revenues received or operating costs and expenses paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time Time, and not expressly reserved by Seller, shall be billed or reimbursed to Buyer, as appropriate.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Infinity Inc)

Post-Final Accounting Settlement. Any revenues received or operating costs and expenses paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties Subject Interests prior to the Effective Time shall be billed to or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties Subject Interests after the Effective Time shall be billed to or reimbursed to by Buyer, as appropriate.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parallel Petroleum Corp)

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Post-Final Accounting Settlement. Any revenues received or operating costs and expenses paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed to or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be billed to or reimbursed to Buyer, as appropriate.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bellwether Exploration Co)

Post-Final Accounting Settlement. Any revenues received or operating costs costs, other expenses and taxes paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be billed or reimbursed to Seller, as appropriate. Any revenues received or costs costs, other expenses and expenses taxes paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be billed or reimbursed to Buyer, as appropriate.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Panhandle Oil & Gas Inc)

Post-Final Accounting Settlement. Any revenues received or operating costs paid by Buyer after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties prior to the Effective Time shall be reimbursed or billed or reimbursed to Seller, as appropriate. Any revenues received or costs and expenses paid by Seller after the Final Accounting Settlement which are attributable to the ownership or operation of the Properties after the Effective Time shall be reimbursed or billed or reimbursed to Buyer, as appropriate.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Heartland Oil & Gas Corp)

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