Common use of Royalties, Etc Clause in Contracts

Royalties, Etc. Except as set forth on Schedule 4.9 and for such other items that are being held in suspense that will be transferred to Purchaser pursuant to Section 11.2, all royalties, overriding royalties and other burdens on production due with respect to the Assets have been paid. Except for revenues for which Noble has the right to net or offset against costs or expenses owed to Noble, all revenues received by Noble or its Affiliates, in its or their capacity as operator of the Assets, for the sale of Hydrocarbons attributable to any joint working interest owner’s interests in the leases included in the Assets have been paid.