Common use of Delay Rentals Clause in Contracts

Delay Rentals. Minimum Royalties, and Shut-in Gas Payments. El Paso shall use its reasonable commercial efforts to pay or cause to be paid in a proper and timely manner any delay rentals, minimum royalties, and shut-in gas payments, if any, which may be necessary to maintain in force and effect the Subject Leases, except any portion thereof which El Paso has determined to abandon pursuant hereto. Notwithstanding anything to the contrary herein, El Paso shall not be liable to Ramshorn for any failure to pay or the incorrect payment of any delay rentals, minimum royalty, shut-in gas payments, or any other contractual obligation, unless such failure shall be attributable to the gross negligence or willful misconduct of El Paso.

Delay Rentals. Minimum Royalties, and Shut-in Gas Payments. El Paso shall use its reasonable commercial efforts to pay or payor cause to be paid in a proper and timely manner any delay rentals, minimum royalties, and shut-in gas payments, if any, which may be necessary to maintain in force and effect the Subject Leases, except any portion thereof which El Paso has determined to abandon pursuant hereto. Notwithstanding anything to the contrary herein, El Paso shall not be liable to Ramshorn for any failure to pay or the incorrect payment of any delay rentals, minimum royalty, shut-in gas payments, or any other contractual obligation, unless such failure shall be attributable to the gross negligence or willful misconduct of El Paso.

Delay Rentals. Minimum Royalties, and Shut-in Gas Payments. El Paso shall use its reasonable commercial efforts to pay or payor cause to be paid in a proper and timely manner any delay rentals, minimum royalties, and shut-in gas payments, if any, which may be necessary to maintain in force and effect the Subject Leases, except any portion thereof which El Paso has determined to abandon pursuant hereto. Notwithstanding anything to the contrary herein, El Paso shall not be liable to Ramshorn Lehman for any failure to pay or the incorrect payment of any delay rentalsxxxxxxs, minimum royalty, shut-in gas payments, or any other contractual obligation, unless such failure shall be attributable to the gross negligence or willful misconduct of El Paso.