Common use of Taking in Kind Clause in Contracts

Taking in Kind. Each Party shall currently take in kind or separately dispose of its share of Production (and only its share, but its share shall include any Production said Party is then making up as the result of its underlift pursuant to this Article XVIII). Each such Party shall have the right to construct, maintain, and operate all necessary facilities for that purpose, provided that they are so constructed, maintained, and operated as not to interfere with Unit operations. Any extra expenditures incurred by reason of the delivery in kind of any portion of the Production shall be borne by the receiving party. If a royalty owner has the right to take in kind a share of Production and fails to do so, those parties taking Production shall take the Royalty Share of Production in the manner provided in Article X. On all purchases or sales each Party shall execute any division order or contract of sale pertaining to its interest.

Taking in Kind. Each Party shall currently take in kind or separately dispose of its share of Production (and only its shareProduction, but its share shall include any Production said Party is then making up as the result of its underlift pursuant to this Article XVIII). X. Each such Party shall have the right to construct, maintain, and operate all necessary facilities for that purpose, provided that they are so constructed, maintained, maintained and operated as not to interfere with Unit operations. Any extra expenditures incurred by reason of the delivery in In kind of any portion of the Production shall be borne by the receiving partyParty. If a royalty owner has the right to take in kind a share of Production and fails to do so, those parties each Party taking Production shall take the its lessor's Royalty Share of Production in the manner provided in Article X. Production. On all purchases or sales each Party shall execute any division order or contract of sale pertaining to its interest.