Common use of Royalties, Etc Clause in Contracts

Royalties, Etc. Except for such items that are being held in suspense as permitted pursuant to applicable Law in the amounts set forth on Schedule 3.9, SM Energy has paid all Burdens in all material respects due by SM Energy with respect the Assets or, if SM Energy has not paid any such Burdens, is contesting such unpaid Burdens in good faith.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (SM Energy Co), Purchase and Sale Agreement (Oasis Petroleum Inc.)

Royalties, Etc. Except as would not have a Material Adverse Effect and except for such items that are being held in suspense as permitted pursuant to applicable Law in the amounts set forth on Schedule 3.9Law, SM Energy has paid all Burdens in all material respects due by SM Energy with respect the Assets or, if SM Energy has not paid any such Burdens, is contesting such unpaid Burdens in good faith.

Appears in 1 contract

Sources: Purchase and Sale Agreement (AMERICAN EAGLE ENERGY Corp)