Common use of Contents of Statements Clause in Contracts

Contents of Statements. Without limiting the generality of the foregoing provisions in this Section 6.02, each statement delivered by Assignor to Assignee pursuant to this Section 6.02 shall state, for the relevant period, to the extent Assignor has the information necessary to determine such amounts, (i) the total volumes of Subject Minerals produced from the Development Xxxxx, (ii) the total volumes of Assignor’s Net Share of Minerals produced from each Development Well, (iii) the total volumes of Assignee Minerals, (iv) the applicable Sales Price, (v) the Chargeable Costs, (vi) the amount of Assignee Proceeds due and payable for the relevant period and (vii) the amounts of money, if any, due and payable by any purchaser of Assignor’s Net Share of Minerals (including Assignee Minerals), the nonpayment of which resulted in a reduction in Assignee Proceeds for the relevant period. If Assignor is not the operator of a Development Well and such information is not made available to the Assignor as a non-operator, Assignor shall use commercially reasonable efforts to exercise its contractual rights with respect to the operator of such Development Well to cause such operator to provide such information to Assignor.

Contents of Statements. Without limiting the generality of the foregoing provisions in this Section 6.02, each statement delivered by Assignor to Assignee pursuant to this Section 6.02 shall state, for the relevant period, to the extent Assignor has the information necessary to determine such amounts, (i) the total volumes of Subject Minerals produced from the Development Xxxxx, (ii) the total volumes of Assignor’s Net Share of Minerals produced from each Development Well, (iii) the total volumes of Assignee Minerals, (iv) the applicable Sales Price, (v) the Chargeable Costs, (vi) the amount of Assignee Proceeds due and payable for the relevant period and (vii) the amounts of money, if any, due and payable by any purchaser of Assignor’s Net Share of Minerals (including Assignee Minerals), the nonpayment of which resulted in a reduction in Assignee Proceeds for the relevant period. If Assignor is not the operator of a Development Well and such information is not made available to the Assignor as a non-operator, Assignor shall use commercially reasonable efforts to exercise its contractual rights with respect to the operator of such Development Well to cause such operator to provide such information to Assignor.