Common use of Royalties and Rentals Clause in Contracts

Royalties and Rentals. To Grantor’s Knowledge, all bonuses, delay rentals, shut-in royalties, overriding royalties, minimum royalties, royalties and all other similar obligations, other than suspended royalties, with respect to the Assets have been timely paid in accordance with applicable Leases and Laws.

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)

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Royalties and Rentals. To Grantor’s Knowledge, all bonuses, delay rentals, shut-in royalties, overriding royalties, minimum royalties, royalties and all other similar obligations, other than suspended royaltiesthe Suspense Proceeds, with respect to the Assets have been timely paid in accordance with applicable Leases and Laws.

Appears in 2 contracts

Samples: Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)

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