Processing and Transportation Commitments Sample Clauses
Processing and Transportation Commitments. Except as set forth in Section 41 of the Company Disclosure Letter, the Company and its Subsidiaries have sufficient rights (including capacity and priority rights) under the Marketing and Midstream Agreements to handle, process, transport and/or dispose of (as the case may be) volumes of petroleum, natural gas and related substances currently being produced. All royalties and rentals payable under the leases and other title and operating documents pertaining to the oil and gas assets of the Company and its Subsidiaries and all ad valorem, property, production, severance and similar Taxes and assessments based upon or measured by the ownership of such assets or the production of petroleum substances derived therefrom or allocated thereto or the proceeds of sales thereof payable have been properly paid in full and in a timely manner.
Processing and Transportation Commitments. All of the third party processing and transportation agreements of the Company which cannot be terminated within 31 days or less without penalty are disclosed in the Company Disclosure Letter and other than as set forth in the Disclosure Letter, neither the Company nor the Company Subsidiary has no third party processing or transportation agreements or any obligations to deliver sales volumes to any other Person which cannot be terminated in 31 days or less without penalty.
Processing and Transportation Commitments. To its knowledge, Petrus has no material third party processing or transportation agreements or any obligations to deliver sales volumes to any other Person which cannot be terminated in 90 days or less without penalty, other than as set forth in the Petrus Disclosure Letter.
Processing and Transportation Commitments. Other than as set forth in the Disclosure Letter or entered into by a Petrominerales Entity with respect to any midstream assets, Petrominerales has no third party processing or transportation agreements or any obligations to deliver sales volumes to any other person which cannot be terminated in 31 days or less without penalty.
Processing and Transportation Commitments. Except as disclosed in writing, Corridor does not have any material third party processing or transportation agreements or any obligations to deliver sales volumes to any other Person having a duration of greater than 30 days.