Common use of Operations Matters Clause in Contracts

Operations Matters. With respect to the joint, unit or other operating agreements relating to the Assets, except as disclosed on Schedule 6.1(i), (A) all of Seller’s accounts under the operating agreements and production handling agreements are current and there are no outstanding cash calls or payments under authorities for expenditures for payments which are due or which Seller is obligated to make which have not been made; and (B) there are no operations under the operating agreements with respect to which Seller has become a non-consenting party.

Operations Matters. With respect to the joint, unit or other operating agreements relating to the Assets, except as disclosed on Schedule 6.1(i)3.12, (Aa) all of Seller’s Sellers’ accounts under the operating agreements and production handling agreements are current and there are no outstanding cash calls or payments under authorities for expenditures for payments which are due or which Seller is Sellers are obligated to make which have not been made; and (Bb) there are no operations under the operating agreements with respect to which Seller has Sellers have become a non-consenting party.