Common use of Payout Clause in Contracts

Payout. To Seller's Knowledge, the payout balances with respect to any of the Properties operated by the Partnership that are subject to future change on account of reversionary interests, non-consent penalties or similar agreements or arrangements are set forth on Schedule 4.1(z) and are correct as of the dates shown on such statements.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/), Purchase Agreement (Tesoro Petroleum Corp /New/), Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

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Payout. To Seller's Knowledge, the payout balances with respect to ------ any of the Properties operated by the Partnership that are subject to future change on account of reversionary interests, non-consent penalties or similar agreements or arrangements are set forth on Schedule 4.1(z) and are correct as of the dates shown on such statements.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Eex Corp), Purchase Agreement (Eex Corp)

Payout. To Seller's Knowledge, the payout balances with respect to any ------ of the Properties operated by the Partnership that are subject to future change on account of reversionary interests, non-consent penalties or similar agreements or arrangements are set forth on Schedule 4.1(z) and are correct as of the dates shown on such statements.

Appears in 2 contracts

Samples: Purchase Agreement (Eex Corp), Purchase Agreement (Eex Corp)

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Payout. To Seller's Knowledge, the payout balances with respect ------ to any of the Properties operated by the Partnership that are subject to future change on account of reversionary interests, non-consent penalties or similar agreements or arrangements are set forth on Schedule 4.1(z) and are correct as of the dates shown on such statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eex Corp)

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