Common use of Sale of Production Clause in Contracts

Sale of Production. To the best of Seller's knowledge, ------------------ except as described in Section 4.20 of the Seller Disclosure Schedule there is no well on the Properties with respect to which any Partnership and its predecessors in title to the Properties have collectively taken more (referred to herein as "overproduced") or less (referred to herein as "underproduced") production from such well than the ownership of such Partnership and such predecessors would entitle such Partnership and such predecessors (absent any gas balancing agreement or arrangement) to receive. To the best of Seller's knowledge, the overproduced and underproduced positions disclosed on Section 4.20 of the Seller Disclosure Schedule are, in each case, materially accurate as of the dates shown on such schedule.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Aroc Inc), Purchase and Sale Agreement (Aroc Inc)

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Sale of Production. To the best of Seller's knowledge, except ------------------ except as described in Section 4.20 of the Seller Disclosure Schedule there is no well on the Properties with respect to which any Partnership and its predecessors in title to the Properties have collectively taken more (referred to herein as "overproduced") or less (referred to herein as "underproduced") production from such well than the ownership of such Partnership and such predecessors would entitle such Partnership and such predecessors (absent any gas balancing agreement or arrangement) to receive. To the best of Seller's knowledge, the overproduced and underproduced positions disclosed on Section 4.20 of the Seller Disclosure Schedule are, in each case, materially accurate as of the dates shown on such schedule.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aroc Inc)

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Sale of Production. To the best of Seller's knowledge, ------------------ except Except as described in Section 4.20 of ------------------ the Seller Disclosure Schedule Schedule, there is no well on the Properties with respect to which any Partnership Seller and its predecessors in title to the Properties have collectively taken more (referred to herein as "overproduced") or less (referred to herein as "underproduced") production from such well than the ownership of such Partnership Seller and such predecessors would entitle such Partnership Seller and such predecessors (absent any gas balancing agreement or arrangement) to receive. To the best of Seller's knowledge, the The overproduced and underproduced positions disclosed on Section 4.20 of the Seller Disclosure Schedule are, in each case, materially accurate as of the dates shown on such schedule.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aroc Inc)

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