Subsequent Month definition
Examples of Subsequent Month in a sentence
The amount of each Subsequent Deposit shall, however, be determined giving due credit to any Pre-Payment Balance that is expected to remain unused from a previous period (i.e., from the Initial Period or a prior Subsequent Month, as the case may be) and that further is not earmarked by BOG for payment of Gasco's share of BOG Drilling Costs and/or BOG Completion Costs relating to Subject Well▇ ▇▇▇ such previous period, which costs are reasonably expected to be paid during the immediate Subsequent Month.
BOG shall have the right from time to time during each Subsequent Month to revise its estimates of BOG Drilling Costs and/or BOG Completion Costs relating to Subject Well▇ ▇▇▇ such Subsequent Month upward in the event that it reasonably appears that the original estimates will be exceeded.
Company shall pay all rent and amounts that are due and owing under the Leases included within the Assets in a timely fashion during (i) the second calendar month following the Closing Date (such amount, the “Second Subsequent Month Rent”) and (ii) the third calendar month following the Closing Date (such amount, the “Third Subsequent Month Rent”, together with the First Subsequent Rent Amount and the Second Subsequent Rent Amount, the “Subsequent Rent Amounts”).