Quarterly Payment Date. “Quarterly Payment Date” for each Computation Period means the forty-fifth (45th) day after the end of such Computation Period. If such day is not a Business Day, the Quarterly Payment Date shall be the next Business Day.
Appears in 14 contracts
Sources: Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Long Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Perpetual Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II)
Quarterly Payment Date. “Quarterly Payment Date” for each Computation Period means the forty-fifth (45th) day after the end of such Computation Period or, for the last Computation Period, the forty-fifth (45th) day after the Termination Date. If such day is not a Business Day, the Quarterly Payment Date shall be the next Business Day.
Appears in 8 contracts
Sources: Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II), Term Overriding Royalty Interest Conveyance (SandRidge Mississippian Trust II)