Common use of Take or Pay Clause in Contracts

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a party, to allow Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit or Lease described in Exhibit “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 and 12.5, respectively).

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a party, to allow Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit or Lease described in Exhibit Exhibits “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 and 12.5, respectively).

Take or Pay. To Seller’s knowledge, Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow its Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit Lease or Lease Well described in Exhibit Exhibits “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit or Lease described in Exhibit Exhibits “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest Net Revenue Interest in the Hydrocarbons attributable to any Well, unit or Lease described in Exhibit Exhibits “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).

Take or Pay. To the best of Seller’s knowledge, Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow Hydrocarbons to be soldsold or to deliver Hydrocarbons, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest Net Revenue Interest in the Hydrocarbons attributable to any Well, unit Well or Lease described in Exhibit “A” or “B” Interest (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow its Hydrocarbons attributable to the Interests or Xxxxx to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit or Lease Well described in Exhibit “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).

Take or Pay. To Seller’s knowledge, Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a partyarrangement, to allow its share of the Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the its net revenue interest in the Hydrocarbons attributable to any Well, unit Lease or Lease Well described in Exhibit Exhibits “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.5 and 12.513.6, respectively).

Take or Pay. Seller is not obligated, under a take-or-pay or similar arrangement to which Seller is a party, to allow Hydrocarbons to be sold, without receiving full payments at the time of delivery in an amount that corresponds to the net revenue interest in the Hydrocarbons attributable to any Well, unit or Lease described in Exhibit “A” or “B” (other than with regard to certain obligations relative to Assumed Imbalances or Pipeline Imbalances, as contemplated under Sections 12.4 13.4 and 12.513.5, respectively).