Common use of Gas Imbalance Clause in Contracts

Gas Imbalance. Borrower has no material obligations or liabilities on any contracts or agreements with respect to gas imbalances or other matters where Borrower’s oil and gas production will be substantially curtailed from the levels of production previously experienced with respect to the Property.

Gas Imbalance. Borrower has no material obligations or liabilities on any contracts or agreements with respect to gas imbalances or other matters where Borrower’s oil and gas production will be substantially curtailed from the levels of production previously experienced with respect to the PropertyOil and Gas Properties.