Common use of Payout Balances Clause in Contracts

Payout Balances. To Seller’s knowledge, Schedule 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 2 contracts

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

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Payout Balances. To each Seller’s 's knowledge, Schedule 6.01(p) 5.17 contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units units included in the Subject Interests subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 2 contracts

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

Payout Balances. To such Seller’s knowledgeKnowledge, Schedule 6.01(p) contains a complete and accurate list of the status of any “payout” balance, as of the Effective Timedate set forth in Schedule 6.01(p), for the Xxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms)) in which such Seller owns an interest.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Athlon Energy Inc.), Purchase and Sale Agreement (Athlon Energy Inc.)

Payout Balances. To Seller’s knowledge's Knowledge, Schedule 6.01(p) 10.1.3 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the Xxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 2 contracts

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

Payout Balances. To Seller’s knowledgeKnowledge, Schedule 6.01(p) 4.14 contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Samples: Agreement (Forest Oil Corp)

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Payout Balances. To Seller’s knowledgeKnowledge, Schedule 6.01(p) 4.14 contains a complete and accurate list of the status of any "payout" balance, as of the Effective Time, for the Xxxxx Wxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Samples: Agreement (Linn Energy, LLC)

Payout Balances. To Seller’s knowledge, Schedule 6.01(p) 5.19 contains a complete and accurate list of the status of any “payout” balance, as of the Effective Time, for the Xxxxx and Units subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms).

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)

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