Common use of Royalties and Rentals Clause in Contracts

Royalties and Rentals. All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under the Leases that are Operated Assets (and, to Seller’s Knowledge, under the Leases that are Non-Operated Assets) have been timely paid in accordance with applicable Leases and Laws.

Appears in 8 contracts

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

AutoNDA by SimpleDocs

Royalties and Rentals. All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under with respect to the Leases that are Seller-Operated Assets (and, to Seller’s Knowledge, under with respect to the Leases that are Non-Operated Assets) have been timely paid in accordance with applicable Leases and Laws.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Royalties and Rentals. All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under with respect to the Leases that are Company-Operated Assets (and, to Seller’s the Seller Parties’ Knowledge, under with respect to the Leases that are Non-Operated Assets) have been timely paid in accordance with applicable Leases and Laws.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Memorial Production Partners LP)

Royalties and Rentals. All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under with respect to the Leases that are Seller Operated Assets (and, to Seller’s Knowledge, under with respect to the Leases that are Non-Operated Assets) have been timely and correctly paid in accordance with applicable Leases and Laws.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Goodrich Petroleum Corp), Purchase and Sale Agreement (Memorial Production Partners LP)

AutoNDA by SimpleDocs

Royalties and Rentals. All bonuses, delay rentals, minimum royalties and royalties, other than suspended royalties, due and payable under with respect to the Leases that are Company-Operated Assets (and, to Seller’s Knowledge, under with respect to the Leases that are Non-Operated Assets) have been timely paid in accordance with applicable Leases and Laws.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Memorial Production Partners LP)

Royalties and Rentals. All bonuses, delay rentals, shut-in royalties, minimum royalties and royalties, other than suspended royalties, due and payable under with respect to the Leases that are Seller Operated Assets (and, to Seller’s Knowledge, under with respect to the Leases that are Non-Operated Assets) that have been due have been timely and correctly paid in accordance with applicable Leases and Laws.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Goodrich Petroleum Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!