Production Taxes. Except as disclosed in Schedule 4.13, during the period of Seller’s ownership of the Assets, all ad valorem, property, production, severance and similar taxes and assessments (including penalties and interest) based on or measured by the ownership of the Assets, the production of Hydrocarbons or the receipt of proceeds therefrom that have become due and payable before the Effective Time are being properly paid, other than taxes which are being contested in good faith.
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Samples: Purchase and Sale Agreement (W&t Offshore Inc), Purchase and Sale Agreement (Callon Petroleum Co)
Production Taxes. Except as disclosed in Schedule 4.134.16, during the period of Seller’s ownership of the Assets, all ad valorem, property, production, severance and similar taxes and assessments (including penalties and interest) based on or measured by the ownership of the Assets, the production of Hydrocarbons or the receipt of proceeds therefrom that have become due and payable before the Effective Time are being properly paid, other than taxes which are being contested in good faith.
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Samples: Purchase and Sale Agreement (Houston Exploration Co), Purchase and Sale Agreement (Houston Exploration Co)
Production Taxes. Except as disclosed in Schedule 4.135.15, during the period of Seller’s ownership of the Assets, all ad valorem, property, production, severance and similar taxes and assessments (including penalties and interest) based on or measured by the ownership of the Assets, the production of Hydrocarbons or the receipt of proceeds therefrom that have become due and payable before the Effective Time are being properly paid, other than taxes which are being contested in good faithfaith (which are described on Schedule 5.15).
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Production Taxes. Except as disclosed in Schedule 4.134.16, during the period of Seller’s 's ownership of the Assets, all ad valorem, property, production, severance severance, and similar taxes and assessments (including penalties and interest) based on or measured by the ownership of the Assets, the production of Hydrocarbons Hydrocarbons, or the receipt of proceeds therefrom that have become due and payable before the Effective Time are being have been properly paid, other than taxes which are being have been contested in good faith.. 4.17 (NOT USED)
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