Common use of Revenues and Expenses Clause in Contracts

Revenues and Expenses. Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (in each case) attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall be responsible for all Operating Expenses (in each case) attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (in each case) that are: (i) incurred with respect to operations conducted or Hydrocarbons produced prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and after the Effective Time shall be paid by or allocated to Buyer.

Revenues and Expenses. Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (in each case) attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, of this Agreement and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall be responsible for all Operating Expenses (in each case) attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (in each case) that are: (ia) incurred with respect to operations conducted or Hydrocarbons produced prior to the Effective Time shall be paid by or allocated to Seller and (iib) incurred with respect to operations conducted or Hydrocarbons produced from and after the Effective Time shall shall, subject to the provisions of this Agreement and subject to the occurrence of the Closing, be paid by or allocated to Buyer.

Revenues and Expenses. (a) Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (Expenses, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) ), and shall be responsible for all Operating Expenses (Expenses, in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (Assets, in each case) case that are: (i) incurred with respect to operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to Buyer.to

Revenues and Expenses. Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including including, without limitation, the right to all production, proceeds of production and other proceeds) proceeds including overhead payments received from Third Parties, amounts for the handling, processing and transportation of Hydrocarbons and amounts for platform space for or by Third Parties), and shall remain responsible for all Operating Expenses (Expenses, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, hereof and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including including, without limitation, the right to all production, proceeds of production and other proceedsproceeds including overhead payments received from Third Parties, amounts for the handling, processing and transportation of Hydrocarbons and amounts for platform space for or by Third Parties) and shall be responsible for all Operating Expenses (Expenses, in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (Assets, in each case) case that are: (i) actually incurred with respect to operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to Buyer.

Revenues and Expenses. Subject to the provisions hereof, Each individual Seller shall remain entitled to all of its proportionate share of the rights of ownership (including the right to all production, proceeds of production revenue and other proceeds) and shall remain responsible for its proportionate share of all Operating Expenses (in each case) attributable to the Assets Asset for the period of time prior to the Effective Time. Subject to the provisions hereof, of this Agreement and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production revenue and other proceeds) and shall be responsible for all Operating Expenses (in each case) attributable to the Assets Asset for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (in each case) Asset that are: (ia) incurred with respect to operations conducted or Hydrocarbons produced prior to the Effective Time shall be paid by or allocated to Seller and (iib) incurred with respect to operations conducted or Hydrocarbons produced from and after the Effective Time shall shall, subject to the provisions of this Agreement and subject to the occurrence of the Closing, be paid by or allocated to Buyer.

Revenues and Expenses. Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including including, without limitation, the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (Expenses, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including including, without limitation, the right to all production, proceeds of production production, and other proceeds) ), and shall be responsible for all Operating Expenses (Expenses, in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (Assets, in each case) case that are: (i) incurred with respect to operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to Buyer.. "

Revenues and Expenses. Subject to the provisions hereof, Seller shall remain entitled to all of the rights and responsibilities of ownership (including including, without limitation, the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (Costs, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights and responsibilities of ownership (including including, without limitation, the right to all production, proceeds of production production, and other proceeds) ), and shall be responsible for all Operating Expenses Costs (provided such costs are permitted to have been incurred pursuant to Section 8.1(a)(ii), if applicable), in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses Costs attributable to the Assets (Assets, in each case) case that are: (i) incurred with respect to operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to Buyer.. “

Revenues and Expenses. (a) Subject to the provisions hereof, Seller Sellers shall remain entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (Property Costs, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer Purchaser shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production production, and other proceeds) , subject to any downward adjustment to the Purchase Price under Section 3.3), and shall be responsible for all Operating Expenses Property Costs (subject to any upward adjustment to the Purchase Price under Section 3.3), in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses Property Costs attributable to the Assets (Assets, in each case) case that are: (i) incurred with respect to the renewal or replacement of expiring Mineral Interests, operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller Sellers and (ii) incurred with respect to the renewal or replacement of expiring Mineral Interests, operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to BuyerPurchaser.

Revenues and Expenses. (a) Subject to the provisions hereof, Seller shall remain entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) and shall remain responsible for all Operating Expenses (Expenses, in each case) case attributable to the Assets for the period of time prior to the Effective Time. Subject to the provisions hereof, and subject to the occurrence of the Closing, Buyer shall be entitled to all of the rights of ownership (including the right to all production, proceeds of production and other proceeds) ), and shall be responsible for all Operating Expenses (Expenses, in each case) , attributable to the Assets for the period of time from and after the Effective Time. All Operating Expenses attributable to the Assets (Assets, in each case) case that are: (i) incurred with respect to operations conducted or Hydrocarbons produced production prior to the Effective Time shall be paid by or allocated to Seller and (ii) incurred with respect to operations conducted or Hydrocarbons produced from and production after the Effective Time shall be paid by or allocated to Buyer.. “