Reduction of Interests. To the Vendor’s Knowledge, except as otherwise disclosed on Schedule “A”, the Vendor’s interest in the Petroleum and Natural Gas Rights is not subject to reduction by reference to payout of or production penalty on any Well through any right or interest granted by, through or under it or of which Vendor has Knowledge;
Appears in 4 contracts
Samples: Up Agreement (Paramount Energy Trust), Up Agreement (Paramount Energy Trust), Employment Agreement (Paramount Energy Trust)