Examples of Agreed Imbalance in a sentence
Buyer and Seller shall jointly verify the actual net gas imbalances as of the Effective Time in the Accounting Statement and any Agreed Imbalance shall be accounted for between the Parties in the Accounting Statement at the New York Mercantile Exchange (NYMEX) closing price per MCF on the third (3rd) Business Day preceding the Effective Time.
Buyer and Seller shall verify the actual net gas imbalance in the post-closing accounting pursuant to Section 12.02 and any imbalance shall be accounted for between the parties at the price of $2.45 per MMBTU but only as to those volumes which exceed or are less than the Agreed Imbalance.
Buyer and Seller shall verify the actual net gas imbalance in the post-closing accounting and any imbalance shall be accounted for between the parties at the price of $6.00 per Mcf but only as to those volumes which exceed or are less than the Agreed Imbalance.
Buyer and Seller shall verify the actual net gas imbalance in the post-closing accounting pursuant to Section 12.02 and any imbalance shall be accounted for between the parties at the price of $3.25 per MMBTU but only as to those volumes which exceed or are less than the Agreed Imbalance.
Buyer and Seller agree that the net gas imbalance attributable to the Assets as of the Effective Time is believed to be that which is set forth on Schedule 12.02 (the "Agreed Imbalance"), notwithstanding that the actual imbalance may be less or greater.
Buyer and Seller shall verify the actual net gas imbalance in the post-closing accounting and any imbalance shall be accounted for between the Parties at the price of Four Dollars and Fifty Cents ($4.50) per MCF but only as to those volumes which exceed or are less than the Agreed Imbalance, reduced for royalties and severance taxes as to the agreed amount of overproduction obligations or underproduction entitlements.
Buyer and Seller shall verify the actual net gas imbalance in the post closing accounting and any imbalance shall be accounted for between the parties at the price of $4.00 per MCF but only as to those volumes which exceed or are less than the Agreed Imbalance.
Any gas imbalance shall be accounted for between Buyer and Seller as follows: Buyer and Seller agree that the net gas production and pipeline imbalance attributable to the Properties as of the Effective Time is believed to be that which is set forth on Exhibit "A-3" (the "Agreed Imbalance"), notwithstanding that the actual imbalance may be less or greater.
Buyer and Sellers agree that the net gas imbalance attributable to the Properties as of the Effective Date is believed to be that which is set forth on Exhibit "I" (the "Agreed Imbalance"), notwithstanding that the actual imbalance may be lesser or greater.
Buyer and Sellers shall verify the actual net gas imbalance in the Post-Closing accounting, if not before, and any imbalance shall be accounted for between the parties at the price of $1.50 per MCF but only as to those volumes which exceed or are less than the Agreed Imbalance; provided, however, that if an applicable operating or gas balancing agreement requires cash balancing upon conveyance of the Properties, the adjustment price shall equal the price received in the cash balancing.