Common use of Royalties and Overriding Royalties Clause in Contracts

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenues, provided the weighted average for all Partnership Prospects drilled shall not exceed 17% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenuesroyalties, provided the weighted average of all royalties for all Partnership Prospects drilled shall not exceed 1725% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenues, provided the weighted average for all Partnership Prospects drilled shall not exceed 1716.125% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenues, provided the weighted average of all royalties for all Partnership Prospects drilled shall not exceed 1720% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.0022.00% of gross revenues, provided the weighted average for all Partnership Prospects drilled shall not exceed 1720% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenuesroyalties, provided the weighted average for all Partnership Prospects drilled shall not exceed 1720% of gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenues, provided the weighted average of all royalties for all Partnership Prospects drilled shall not exceed 1725% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from form drilling Prospects will be subject to the payment to non-affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.0018.75% of gross revenues, provided the weighted average for all Partnership Prospects drilled shall not exceed 1716.125% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.

Royalties and Overriding Royalties. The Partnership interest in production from drilling Prospects will be subject to the payment to non-affiliated non‑affiliated parties of royalties and overriding royalties which may range from 12.5% to 20.00% of gross revenues, provided the weighted average of all royalties for all Partnership Prospects drilled shall not exceed 1725% gross revenues. No such royalty or overriding royalty will be paid to PDC or its affiliates.