Rentals, Royalties and Other Payments. All Property acquisition and holding costs, including filing fees. license fees, costs of permits and assessment work, delay rentals, production royalties, including any required advances and all other payments made by the Manager which are necessary to acquire or maintain title to the Assets.
Rentals, Royalties and Other Payments. All property acquisition and holding costs, including filing fees, license fees, costs of permits and assessment work, delay rentals, production royalties, including any required advances, and all other payments made by the Operator which are necessary to acquire or maintain title to the Assets and the Property.
Rentals, Royalties and Other Payments. Maintenance costs and other payments in respect of the Properties, including government rentals, necessary to maintain title to the Assets.
Rentals, Royalties and Other Payments. Property maintenance costs and other payments necessary to maintain title to the Assets.
Rentals, Royalties and Other Payments. 59 16.1 Overriding Royalty and Other Burdens 59 16.2 Subsequently Created Interest 59 16.3 Payment of Rentals and Minimum Royalties 60 16.4 Non-participation in Payments 60 16.5 Royalty Payments 60
Rentals, Royalties and Other Payments. Overriding Royalty and Other Burdens If the Working Interest or Participating Interest of a Party is subject to an overriding royalty, Hydrocarbon production payment, net profits interest, mortgage, lien, security interest, or other burden or encumbrance, other than lessor’s royalty and other burdens listed in Exhibit “A”, the Party so burdened shall pay and bear all liabilities and obligations created or secured by the burden or encumbrance and shall indemnify and hold the other Parties harmless from all claims and demands for payment asserted by the owners of the burdens or encumbrances. If a Party becomes entitled to an assignment under this Agreement, or as a result of Non-consent Operations hereunder becomes entitled to receive a relinquished interest, as provided in Article 13.2 (Relinquishment of Interest), otherwise belonging to a Non-participating Party whose Working Interest in the operations is so burdened or encumbered, the Party entitled to receive the assignment from the Non-participating Party or the relinquished interest of the Non-participating Party’s Hydrocarbon production shall receive same free and clear of all such burdens and encumbrances, and the Non-participating Party whose interest is subject to the burdens and encumbrances shall hold the Participating Parties harmless for the burdens and encumbrances, and will bear same at its own expense. Subsequently Created Interest Notwithstanding anything in this Agreement to the contrary, if a Party, after execution of this Agreement, creates an overriding royalty, Hydrocarbon production payment, net profits interest, carried interest, or any other interest out of its Working Interest which the Parties do not unanimously agree to list on Exhibit “A”, (hereinafter called “Subsequently Created Interest”), the Subsequently Created Interest shall be made specifically subject to this Agreement. If the Party owning the interest from which the Subsequently Created Interest was established fails to pay, when due, its share of costs, and if the proceeds from the sale of Hydrocarbon production under Article 8.6 (Security Rights) are insufficient for that purpose, or elects to abandon a well, or elects to relinquish its interest in the Lease, the Subsequently Created Interest shall be chargeable with a pro rata portion of all costs in the same manner as if the Subsequently Created Interest were a Working Interest, and Operator may enforce against the Subsequently Created Interest the lien and other r...
Rentals, Royalties and Other Payments. To the Seller's Knowledge, all rentals, royalties and other payments due under the Assets have been properly and timely paid.
Rentals, Royalties and Other Payments. All property acquisition and holding costs, including filing fees, license fees, costs of permits and assessment work, production royalties (which may be net smelter return royalties or of another nature, and payable to government authorities or private third parties whether on a periodic basis or to purchase a royalty outright), including any required advances, and all other payments made by the Manager which are necessary to acquire or maintain title to the Assets.
Rentals, Royalties and Other Payments. All property acquisition and holding costs, filing fees, license fees, costs of permits and assessment work, delay rentals, production royalties, including any required advances, periodic payments and advance royalties, costs and royalties under the Exxon Assignment and the Project Lease, and all other payments made by the Manager which are necessary to acquire or maintain title to the Assets.
Rentals, Royalties and Other Payments
