Common use of Timely Payment Clause in Contracts

Timely Payment. Seller has paid its share of all costs payable by it under the Leases and the Contracts, except those being contested in good faith.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Timely Payment. To the best of Seller’s knowledge, Seller has paid its share of all costs payable by it under the Leases and the Material Contracts, except those being contested in good faith.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.), Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.)

Timely Payment. To Seller’s knowledge, Seller has paid its share of all costs payable by it under the Leases and the ContractsMaterial Contracts as of the Effective Time, except those included in the Suspense Accounts or being contested in good faith.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Mid-Con Energy Partners, LP), Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Timely Payment. Seller has timely paid its share of all costs payable by it under the Leases Leases, the Contracts and the Oneok Contracts, except those being contested in good faith.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Timely Payment. Seller has paid its share of all costs and Taxes payable by it under the Leases Leases, the Contracts and the Contractsas required by applicable law, except those being contested in good faith.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Plains Exploration & Production Co)