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Common use of Proceeds of Production Clause in Contracts

Proceeds of Production. Buyer shall be entitled to receive all proceeds of production, attributable to the Interests after the Effective Date. Seller shall be entitled to receive all proceeds of production attributable to the Interests prior the Effective Date.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Imperial Resources, Inc.), Purchase and Sale Agreement (United American Petroleum Corp.), Purchase and Sale Agreement (United American Petroleum Corp.)

Proceeds of Production. Buyer shall be entitled to receive all proceeds of production, attributable to the Interests after the Effective DateTime. Seller shall be entitled to receive all proceeds of production production, attributable to the Interests prior the Effective DateTime.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lyric International Inc)

Proceeds of Production. Buyer shall be entitled to receive all proceeds of production, attributable to the Interests after the Effective Date. Seller shall be entitled to receive all proceeds of production attributable to the Interests and accruing to the period prior to the Effective Closing Date, and Buyer shall be entitled to all proceeds of production attributable to the Interests and accruing to the period on and after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (John D. Oil & Gas Co)

Proceeds of Production. Buyer shall be entitled to receive all proceeds of production, attributable to the Interests Property on and after the Effective DateTime. Seller shall be entitled to receive all proceeds of production attributable to the Interests Property prior the Effective DateTime.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Caprock Oil, Inc.)