Common use of Disbursement of Royalties Clause in Contracts

Disbursement of Royalties. If a purchaser of any oil, gas or other hydrocarbons produced from the Contract Area declines to make disbursements of all royalties, overriding royalties, working interests and other payments out of or with respect to production revenues which are payable on the Contract Area, Operator may, at its option, from time to time, make disbursements on behalf of any Non-Operator who requests in writing that Operator do so. Each Non-Operator for whom such disbursement is made shall furnish Operator with the following:

Appears in 4 contracts

Samples: Joint Operating Agreement, Golden Lane Participation Agreement (New Source Energy Partners L.P.), Operating Agreement (New Source Energy Corp)

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