Common use of Property Expenses Clause in Contracts

Property Expenses. Invoices for Property Expenses received by Buyer that relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that relate to operations on the Assets at or after the Effective Time shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 5 contracts

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

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Property Expenses. Invoices for Property Expenses received by Buyer that which relate to operations on the Assets prior to the Effective Time Closing shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that which relate to operations on the Assets at or after the Effective Time Closing shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ausam Energy Corp), Purchase and Sale Agreement (Ausam Energy Corp)

Property Expenses. Invoices for Property Expenses received by Buyer that relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller, but only if such invoice is received by Seller prior to March 1, 2009. Invoices for Property Expenses received by Seller that relate to operations on the Assets at or after the Effective Time shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 1 contract

Samples: Purchase, Sale and Exploration Agreement (Teton Energy Corp)

Property Expenses. Invoices for Property Expenses received by Buyer that relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that relate to operations on the Assets at or after the Effective Time shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

Property Expenses. Invoices for Property Expenses received by Buyer that which relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that which relate to operations on the Assets at or after the Effective Time shall be immediately forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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Property Expenses. Invoices for Property Expenses received by Buyer that which relate to operations on the Assets prior to the Effective Time shall be forwarded to Seller by BuyerBuyer , or if already paid by Buyer, invoiced by Buyer to SellerSeller and Seller agrees to pay all such invoices as they become due. Invoices for Property Expenses received by Seller that which relate to operations on the Assets at or after the Effective Time shall be immediately forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (PetroHunter Energy Corp)

Property Expenses. Invoices for Property Expenses received by Buyer that relate to operations on the Assets Properties prior to the Effective Time Date shall be forwarded to Seller by Buyer, or if already paid by Buyer, invoiced by Buyer to Seller. Invoices for Property Expenses received by Seller that relate to operations on the Assets at or Properties after the Effective Time Date shall be forwarded to Buyer by Seller, or if already paid by Seller, invoiced by Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arete Industries Inc)

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