Common use of Taking in Kind Clause in Contracts

Taking in Kind. Each Party shall take in kind or separately dispose of its proportionate share of all Unitized Substances, exclusive of any part thereof which may be used in development and producing operations and in preparing and treating oil or gas for marketing purposes and production unavoidably lost. Any extra expenditure incurred in the taking in kind or separate disposition by any Party of its proportionate share of Unitized Substances shall be borne by such Party. Each Party shall execute all division orders and contracts of sale pertaining to its interest in Unitized Substances, and shall be entitled to receive payment direct from the purchaser or purchasers thereof for its share thereof.

Taking in Kind. Each Party shall take in kind or separately dispose of its proportionate share of all Unitized Substances, exclusive of any part thereof which may be used in development and producing operations and in preparing and treating oil or gas for marketing purposes and production unavoidably lostProduction. Any extra expenditure incurred in or caused by the taking in kind or separate disposition by any Party of its proportionate share of Unitized Substances the Production shall be borne by such that Party. Any Party taking its share of Production in kind shall be required to pay for only its proportionate share of the part of the Unit’s surface facilities that it uses. Each Party shall execute all such division orders and contracts as may be necessary for the sale of sale pertaining to its interest in Unitized SubstancesProduction from the Unit Area, and and, except as provided in Article 28, shall be entitled to receive payment direct directly from the purchaser or purchasers thereof for its share thereofof all Production.

Taking in Kind. Each Party shall have the right to take in kind or separately dispose of its proportionate share of all Unitized Substances, exclusive of any part thereof which may be used in development and producing operations and in preparing and treating oil or gas for marketing purposes and production unavoidably lostProduction. Any extra expenditure incurred in the taking in kind or separate disposition by any Party of its proportionate share of Unitized Substances the Production shall be borne by such that Party. Any Party taking its share of Production in kind shall be required to pay for only its proportionate share of the part of the Unit's surface facilities that it uses. Each Party shall execute all such division orders and contracts as may be necessary for the sale of sale pertaining to its interest in Unitized SubstancesProduction from the Unit Area, and and, except as provided in Article 28, shall be entitled to receive payment direct directly from the purchaser or purchasers thereof for its share thereofof all Production.

Taking in Kind. Each Party shall take in kind or separately dispose of its proportionate share of all Unitized Substances, exclusive of any part thereof which may be used in development and producing operations and in preparing and treating creating oil or gas for marketing purposes and production unavoidably lost. Any extra expenditure incurred in the taking in kind or separate disposition by any Party of its proportionate share of Unitized Substances shall be borne by such Party. Each Party shall execute all division orders and contracts of sale pertaining to its interest in Unitized Substances, and shall be entitled to receive payment direct from the purchaser or purchasers thereof for its share thereof.