Suspense. To the Knowledge of such Seller, proceeds from the sale of oil, condensate and gas from the Properties attributable to Target’s interests in the Properties are being received in all material respects by Target in a timely manner and are not being held in suspense for any reason other than delays resulting from the issuance of division orders, transfer orders or similar documents required for newly drilled ▇▇▇▇▇ occurring in the Ordinary Course of Business.
Appears in 2 contracts
Sources: Interest Purchase Agreement (Energy 11, L.P.), Interest Purchase Agreement (Energy 11, L.P.)
Suspense. To the Knowledge of such Seller, proceeds from the sale of oil, condensate and gas from the Properties attributable to Target’s interests in the Properties are being received in all material respects by Target in a timely manner and are not being held in suspense for any reason other than delays resulting from the issuance of division orders, transfer orders or similar documents required for newly drilled ▇▇▇▇▇ occurring in the Ordinary Course of Business.
Appears in 1 contract
Sources: Interest Purchase Agreement (Natural Resource Partners Lp)
Suspense. To the Knowledge of such Seller, proceeds from the sale of oil, condensate and gas from the Properties attributable to Target’s interests in the Properties are being received in all material respects by Target in a timely manner and are not being held in suspense for any reason other than delays resulting from the issuance of division orders, transfer orders or similar documents required for newly drilled ▇w▇▇▇▇ occurring in the Ordinary Course of Business.
Appears in 1 contract
Suspense. To the Knowledge of such Seller, proceeds from the sale of oil, condensate and gas from the Properties attributable to Target’s interests in the Properties are being received in all material respects by Target in a timely manner and are not being held in suspense for any reason other than delays resulting from the issuance of division orders, transfer orders or similar documents required for newly drilled ▇w▇▇▇▇ occurring in the Ordinary Course of Business.
Appears in 1 contract