Common use of Royalties, Etc Clause in Contracts

Royalties, Etc. Except for such items that are being held in suspense as shown on Schedule 4.20, Seller has paid in all material respects all royalties, overriding royalties and other burdens on production due by Seller with respect the Properties, or if not paid, is contesting such royalties and other burdens in good faith in the normal course of business.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc)

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Royalties, Etc. Except for such items that are being held in suspense as shown set forth on Schedule 4.203.10, to Seller’s Knowledge, Seller has paid in all material respects all royalties, overriding royalties and other burdens on production due by Seller with respect to the PropertiesAssets, or if not so paid, is contesting or suspending payment of such royalties, overriding royalties and other burdens in good faith in the normal course of businessfaith, and Schedule 3.10 sets forth all such contested or suspended payment amounts with respect to such royalties, overriding royalties and other burdens.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Midstates Petroleum Company, Inc.)

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Royalties, Etc. Except for such items that are being held in suspense as shown on Schedule 4.20permitted pursuant to applicable Law, Seller has paid in all material respects all royalties, overriding royalties and other burdens on production due by Seller with respect the Properties, or if not paid, is contesting such royalties and other burdens in good faith in the normal course of businessConveyed Interests.

Appears in 2 contracts

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

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