Common use of Commitments for Expenditures Clause in Contracts

Commitments for Expenditures. (i) There are no outstanding authorizations for expenditures (AFEs) which Seller has received from a third party operator or has delivered to third parties, but in either case have not been responded to prior to the date of this Agreement; and (ii) Seller has not abandoned any ▇▇▇▇▇ (or removed any materials or equipment, except those replaced by items of materially equal suitability) included in the Assets since the Effective Date.

Commitments for Expenditures. (i) There are no outstanding authorizations for expenditures expenditure (AFEs) which Seller has received from a third party operator or has delivered to third parties, but in either case have not been responded to prior to the date of this Agreement; and (ii) Seller has not abandoned any ▇▇▇▇▇ (or removed any materials or material items of equipment, except those replaced by items of materially equal suitability) included in the Assets since the Effective Date.