Spud Fee. If the Closing occurs, then, in addition to payment of the Purchase Price (as adjusted pursuant to this Agreement) as provided herein, Seller shall be entitled to the Spud Fee (as defined in Exhibit K) as and to the extent provided in, and subject to the terms and conditions of, Exhibit K.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (WildHorse Resource Development Corp)