Royalty Payment Obligations definition
Royalty Payment Obligations means (i) royalties, overriding royalties (including those granted in connection with Drilling Programs), revenue interests, net revenue interests, net profit interests, and reversionary interests, (ii) the interests of others in pooling or unitization agreements, production sales contracts and operating agreements, (iii) Liens arising under, in connection with or related to farm-out, farm-in, joint operating, pooling, unitization or area of mutual interest agreements or other similar or customary arrangements, agreements or interests, and (iv) similar burdens on the property of the Company or any Subsidiary of the Company; each as incurred in the ordinary course of business and to the extent such burdens are limited in recourse to (x) the properties subject to such interests or agreements, (y) the Hydrocarbons produced from such properties, and (z) the proceeds of such Hydrocarbons.
Royalty Payment Obligations means (i) royalties, overriding royalties, revenue interests, net revenue interests, net profit interests, reversionary interests and production payments, (ii) the interests of others in pooling or unitization agreements, production sales contracts and operating agreements, (iii) Liens arising under, in connection with or related to farm-out, farm-in, joint operating or area of mutual interest agreements or other similar or customary arrangements, agreements or interests, and (iv) similar burdens on the property of the Borrower or any Subsidiary of the Borrower, each as incurred in the ordinary course of business and to the extent such burdens are limited in recourse to (x) the properties subject to such interests or agreements, (y) the Hydrocarbons produced from such properties and (z) the proceeds of such Hydrocarbons.
Royalty Payment Obligations means (i) royalties, overriding royalties (including those granted in connection with Drilling Programs), revenue interests, net revenue interests, net profit interests, and reversionary interests, (ii) the interests of others in pooling or unitization agreements, production sales contracts and operating agreements, (iii) Liens arising under, in connection with or related to farm-out, farm-in, joint operating, pooling, unitization or area of mutual interest agreements or other similar or customary arrangements, agreements or interests, and (iv) similar burdens on the property of the Corporation or any Subsidiary of the Corporation; each as incurred in the ordinary course of business and to the extent such burdens are limited in recourse to (x) the properties subject to such interests or agreements, (y) the Hydrocarbons produced from such properties, and (z) the proceeds of such Hydrocarbons.
Examples of Royalty Payment Obligations in a sentence
Following the Closing, Buyer shall timely satisfy the Royalty Payment Obligations and all assumed obligations with respect to the Assigned Contracts (if any).
The indemnification obligations of Buyer under this Article X shall constitute the sole and exclusive remedies of Seller for recovery of money damages after the Closing Date, except to the extent that Seller is seeking to recover with respect to any failure of Buyer to pay amounts owed to Seller pursuant to Section 2.2 hereof or any failure of Buyer to satisfy the Royalty Payment Obligations or the assumed obligations with respect to the Assigned Contracts (if any).
Seller desires to sell, transfer, assign and convey to Purchaser, and Purchaser desires to purchase, acquire and accept from Seller, all of Seller’s right, title and interest in and to the Royalty Payment Obligations, for the consideration and on the terms and subject to the conditions set forth in this Agreement.
More Definitions of Royalty Payment Obligations
Royalty Payment Obligations means (i) royalties, overriding royalties, revenue interests, net revenue interests, net profit interests, and reversionary interests, (ii) the interests of others in pooling or unitization agreements, production sales contracts and operating agreements, (iii) Liens arising under, in connection with or related to farm-out, farm-in, joint operating, pooling, unitization or area of mutual interest agreements or other similar or customary arrangements, agreements or interests, and (iv) similar burdens on the property of TransTexas or any Subsidiary of TransTexas; each as incurred in the ordinary course of business and to the extent such burdens are limited in recourse to (x) the properties subject to such interests or agreements, (y) the Hydrocarbons produced from such properties, and (z) the proceeds of such Hydrocarbons.
Royalty Payment Obligations means any and all amounts due to be paid by Mallinckrodt LLC to Seller under the terms and conditions of Exhibit D to the Purchase Agreement based upon Net Sales (as defined in the Purchase Agreement) of the Product during the Purchased Royalty Period.
Royalty Payment Obligations. The amounts provided as payable to the Composer by InStyle as Royalties hereunder are inclusive of all fees and royalties becoming due to Composer, including without limitation all fees and royalties for Composer as a writer, composer, producer, artist and/or performer of the Works (other than the so-called “writer’s share” of public performance income). InStyle shall have no obligation to account for or to pay any royalties, fees or compensation of any kind, if any, to Composer otherwise, nor to any third party contributors of the Works, and such accounting and payments shall be the sole and exclusive obligation of the Composer.
Royalty Payment Obligations means (a) royalties, overriding royalties (including those granted in connection with Drilling Programs), revenue interests, net revenue
Royalty Payment Obligations means (i) royalties, overriding royalties, revenue interests, net revenue interests, net profit interests, and reversionary interests, (ii) the interests of others in pooling or unitization agreements, production sales contracts and operating agreements, (iii) Liens arising under, in connection with or related to farm-out, farm-in, joint operating, pooling, unitization or area of mutual interest agreements or other similar or customary arrangements, agreements or interests, and (iv) similar burdens on the property of the Company or any Subsidiary of the Company; each as incurred in the ordinary course of business and to the extent such burdens are limited in recourse to (x) the properties subject to such interests or agreements, (y) the Hydrocarbons produced from such properties, and (z) the proceeds of such Hydrocarbons.