Common use of Severance and Ad Valorem Taxes Clause in Contracts

Severance and Ad Valorem Taxes. Sellers represent that they have paid all ad valorem and severance taxes attributable to the production from the Properties that have been assessed or incurred or have become due and payable before the Effective Date, other than taxes that have been contested in good faith.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Gastar Exploration LTD), Purchase and Sale Agreement (Gastar Exploration LTD), Purchase and Sale Agreement (Gastar Exploration LTD)

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