Payments by Purchasers of Production. All proceeds from the sale of the Borrower’s interests in Hydrocarbons from its Oil and Gas Properties are currently being paid in full to the Borrower by the purchaser thereof on a timely basis and at prices and terms comparable to market prices and terms generally available at the time such prices and terms were negotiated for oil and gas production from producing areas situated near such Oil and Gas Properties, and none of such proceeds are currently being held in suspense by such purchaser or any other Person.
Payments by Purchasers of Production. 60 Section 7.28
Payments by Purchasers of Production. Except as set forth on Schedule 8.29, all proceeds from the sale of any member of the Borrower Group’s interests in Hydrocarbons from its Oil and Gas Properties are currently being paid in full to such member of the Borrower Group by the purchaser thereof on a timely basis and at prices and terms comparable to market prices and terms generally available at the time such prices and terms were negotiated for oil and gas production from producing areas situated near such Oil and Gas Properties, and none of such proceeds are currently being held in suspense by such purchaser or any other Person.
Payments by Purchasers of Production. All material amounts of ------------------------------------ proceeds from the sale by the Company or any of its Subsidiaries of any interest in oil and gas production from the Properties mortgaged to Bank Parties (or Agent for the benefit of Bank Parties) pursuant to the Security Documents are currently being paid in full to the Company or such Subsidiary or have been paid to the Company or such Subsidiary or its respective predecessors in interest by the purchaser thereof on a timely basis and at prices and terms comparable to market prices and terms generally available at the time such prices and terms were negotiated for oil and gas production from producing areas situated near the Properties mortgaged to Bank Parties (or Agent for the benefit of Bank Parties) pursuant to the Security Documents and none of such proceeds are currently being held in suspense by such purchaser or any other party except for routine delays in the ordinary course of business.
Payments by Purchasers of Production. (a) All proceeds from the sale of any Credit Party’s interests in Hydrocarbons from its Oil and Gas Properties are currently being paid in full by the purchaser thereof on a timely basis and at prices and terms comparable to market prices and terms generally available at the time such prices and terms were negotiated for oil and gas production from producing areas situated near such Oil and Gas Properties, and (b) none of such proceeds are currently being held in suspense by such purchaser or any other Person except to the extent all such amounts in suspense, taken together, could not reasonably be expected to have a Material Adverse Effect.
Payments by Purchasers of Production. All proceeds from the sale of the Borrower’s and each Subsidiary’s interests in Hydrocarbons from its Oil and Gas Properties are currently being paid in full by the purchaser thereof on a timely basis and at prices and terms comparable to market prices and terms generally available at the time such prices and terms were negotiated for oil and gas production from producing areas situated near such Oil and Gas Properties, and none of such proceeds are currently being held in suspense by such purchaser or any other Person, except where the failure to timely collect or hold such proceeds in suspense could not reasonably be expected to result in Material Adverse Effect.
