Prepaid Obligations. The Vendor is not obligated by virtue of a prepayment, gas balancing, or other arrangement under any contract to make any production payment or to deliver Petroleum Substances produced from the Assets to any party at some future time without receiving in due course (and being entitled to retain) full payment therefore at current market prices or contract prices;
Appears in 4 contracts
Samples: Up Agreement (Paramount Energy Trust), Up Agreement (Paramount Energy Trust), Dealer Manager Agreement (Paramount Energy Trust)
Prepaid Obligations. The Vendor is not obligated by virtue of a prepayment, gas balancing, or other arrangement under any contract to make any production payment or to deliver Petroleum Substances Minerals produced from the Assets Mineral Claims to any party Third Party at some any future time without receiving in due course (and being entitled to retain) full payment therefore at current market prices or contract prices;
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Tyler Resources Inc /Fi), Purchase and Sale Agreement (CDG Investments Inc)
Prepaid Obligations. The Vendor is not obligated by virtue of a prepayment, gas balancing, or other arrangement under any contract to make any production payment or to deliver Petroleum Hydrocarbon Substances produced from the Assets to any party Third Party at some future time without receiving in due course (and being entitled to retain) full payment therefore at current market prices or contract prices;
Appears in 1 contract
Samples: Asset Sale Agreement
