Common use of Suspense Accounts Clause in Contracts

Suspense Accounts. Except as set forth in Section 6.17 of the Disclosure Schedule, Seller does not hold any third party funds in suspense with respect to production of Hydrocarbons from any of the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Callon Petroleum Co), Purchase and Sale Agreement (Cimarex Energy Co)

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Suspense Accounts. Except as set forth in Section 6.17 8.13 of the Disclosure Schedule, Seller does not hold any third third-party funds in suspense with respect to production of Hydrocarbons from any of the Acquired Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Unit Corp)

Suspense Accounts. Except To the Knowledge of Seller, except as set forth in Section 6.17 8.13 of the Disclosure Schedule, Seller does not hold any third third-party funds in suspense with respect to production of Hydrocarbons from any of the Acquired Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SRC Energy Inc.)

Suspense Accounts. Except as set forth in Section 6.17 Schedule 6.17, as of the Disclosure ScheduleEffective Time, Seller does did not hold any third party funds in suspense with respect to production of Hydrocarbons from any of the AssetsAssets other than amounts less than the statutory minimum amount that Seller is permitted to accumulate prior to payment.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gasco Energy Inc)

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Suspense Accounts. Except as set forth in Section 6.17 8.12 of the Disclosure Schedule, Seller does not hold any third third-party funds in suspense with respect to production of Hydrocarbons from any of the Acquired Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Harvest Natural Resources, Inc.)

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