Common use of Hydrocarbon Sales Contracts Clause in Contracts

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement (St Mary Land & Exploration Co)

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Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement (Abraxas Energy Partners LP), Purchase and Sale Agreement (Abraxas Petroleum Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in as set forth on Schedule 5.176.8, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas Hydrocarbons from the Assets are being received in all respects by Seller in a timely manner the ordinary course of business and are not being held in suspense for any reason.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Exco Resources Inc), Purchase and Sale Agreement (Linn Energy, LLC)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit D, no Hydrocarbons hydrocarbons produced from the Assets are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ausam Energy Corp), Purchase and Sale Agreement (Ausam Energy Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17as set forth on Exhibit C, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 2 contracts

Samples: Joint Operating Agreement (Petroleum Development Corp), Joint Operating Agreement (Petroleum Development Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts sales contracts listed in on Schedule 5.175.10, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days thirty (30) days’ notice) and no person has any call upon, option to purchase, or similar rights with respect to the production from the Assets). Proceeds from the sale of oil, condensate, and gas Hydrocarbons produced from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit E, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller Sellers in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arete Industries Inc)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17as set forth on Exhibit D, no Hydrocarbons from the Assets are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all material respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase, Sale and Exploration Agreement (Teton Energy Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit H, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller BBC in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Storm Cat Energy CORP)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in as set forth on Schedule 5.176.8, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds All proceeds from the sale of oil, condensate, and gas Hydrocarbons from the Assets are being received in all respects by Seller in a timely manner the ordinary course of business and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Exco Resources Inc)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit F, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

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Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts sales contracts listed in Schedule 5.175.16, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days days' notice) and no person has any call upon, option to purchase, or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (High Plains Gas, Inc.)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts sales contracts listed in Schedule 5.175.10, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days thirty (30) days’ notice) and no person has any call upon, option to purchase, or similar rights with respect to the production from the Assets). Proceeds from the sale of oil, condensate, and gas Hydrocarbons produced from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit D, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller Sellers in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arete Industries Inc)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in as set forth on Schedule 5.176.10, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (PetroHunter Energy Corp)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in Schedule 5.17Exhibit E, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

Hydrocarbon Sales Contracts. Except for the Hydrocarbon Sales Contracts listed in as set forth on Schedule 5.176.10, no Hydrocarbons are subject to a sales contract (other than division orders or spot sales agreements terminable on no more than 30 days notice) and no person has any call upon, option to purchase, purchase or similar rights with respect to the production from the Assets. Proceeds from the sale of oil, condensate, and gas from the Assets are being received in all respects by Seller in a timely manner and are not being held in suspense for any reason.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

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