Common use of Property Expenses Clause in Contracts

Property Expenses. In the ordinary course of business, Seller has paid all property expenses attributable to the period of time prior to the Effective Time as such property expenses become due, and such property expenses are being paid in a timely manner before the same become delinquent, except such property expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 9 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Samson Oil & Gas LTD), Purchase and Sale Agreement (St Mary Land & Exploration Co)

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Property Expenses. In the ordinary course of businessbusiness during the period of its ownership, Seller has paid all property expenses attributable to the period of time prior to the Effective Time as such property expenses become due, and such property expenses are being paid in a timely manner before the same become delinquent, except such property expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time Assets as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibilitymanner.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Exco Resources Inc), Purchase and Sale Agreement (Exco Resources Inc), Purchase and Sale Agreement (Linn Energy, LLC)

Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time Assets as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 3 contracts

Samples: Purchase, Sale and Exploration Agreement (Teton Energy Corp), Joint Operating Agreement (Petroleum Development Corp), Joint Operating Agreement (Petroleum Development Corp)

Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time Assets as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Synergy Resources Corp), Purchase and Sale Agreement (Synergy Resources Corp)

Property Expenses. In the ordinary course of business, Seller has Sellers have paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses Property Expenses as are disputed in good faith by Seller Sellers in a timely manner and for which Seller shall retain responsibilitymanner.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Arete Industries Inc), Purchase and Sale Agreement (Arete Industries Inc)

Property Expenses. In the ordinary course of business, Seller has paid all property costs and expenses attributable to the period of time prior to the Effective Time as such property costs and expenses become due, and such property costs and expenses are being paid in a timely manner before the same become delinquent, except such property costs and expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement (Legacy Reserves Lp)

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Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time Assets as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibilitydescribed on Schedule 6.10.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Exco Resources Inc), Purchase and Sale Agreement (Exco Resources Inc)

Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time Date as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, delinquent except such property expenses Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibilitymanner.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Property Expenses. In the ordinary course of business, Seller has paid all property expenses Property Expenses attributable to the period of time prior to the Effective Time as such property expenses Property Expenses become due, and such property expenses Property Expenses are being paid in a timely manner before the same become delinquent, except such property expenses Property Expenses as are disputed in good faith by Seller in a timely manner and for which Seller shall retain responsibility.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

Property Expenses. In the ordinary course of business, such Seller has paid all property costs and expenses attributable to the period of time prior to the Effective Time as such property costs and expenses become became due, and such property costs and expenses are being paid in a timely manner before the same become delinquent, except such property costs and expenses as are disputed in good faith by such Seller in a timely manner and for which each Seller shall retain responsibility.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Athlon Finance Corp.)

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