After the Closing. Buyer and Seller shall execute and deliver, or shall caused to be executed and delivered from time to time, such further instruments of conveyance and transfer and shall take such other action as any Party may reasonably request to convey and deliver the Interests to Buyer, to accomplish the orderly transfer of the Interests to Buyer, or to otherwise effectuate the transactions contemplated by this Agreement. If either Party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received by a Party, which is partially an obligation of both Seller and Buyer, then the Parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligee.
Appears in 5 contracts
Samples: Purchase and Sale Agreement (Baseline Oil & Gas Corp.), Purchase and Sale Agreement (Delta Petroleum Corp/Co), Purchase and Sale Agreement (Baseline Oil & Gas Corp.)
After the Closing. Buyer and Seller shall execute and deliver, or shall caused cause to be executed and delivered from time to time, such further instruments of conveyance and transfer transfer, and shall take such other action actions as any Party party may reasonably request request, to convey and deliver the Interests Assets to Buyer, to perfect Buyer’s title thereto, and to accomplish the orderly transfer of the Interests Assets to Buyer, or to otherwise effectuate Buyer in the transactions manner contemplated by this Agreement. If either Party any party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Partyparty. If an invoice or other evidence of an obligation is received by a Partyparty, which is partially an obligation of both Seller and Buyer, then the Parties parties shall consult with each other other, and each shall promptly pay its portion of such obligation to the obligee.
Appears in 5 contracts
Samples: Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc)
After the Closing. Buyer and Seller Sellers shall execute and deliver, or shall caused to be executed and delivered from time to time, such further instruments of conveyance and transfer and shall take such other action as any Party may reasonably request to convey and deliver the Interests to Buyer, to accomplish the orderly transfer of the Interests to Buyer, or to otherwise effectuate the transactions contemplated by this Agreement. If either Party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received by a Party, which is partially an obligation of both Seller Sellers and Buyer, then the Parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligee.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), Purchase and Sale Agreement (Castle Energy Corp)
After the Closing. Buyer and Seller shall execute and deliver, or shall caused to be executed and delivered from time to time, such further instruments of conveyance and transfer and shall take such other action as any Party may reasonably request to convey and deliver the Interests to Buyer, to accomplish the orderly transfer of the Interests to Buyer, or to otherwise effectuate the transactions contemplated by this Agreement. If either Party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received by a Party, which is partially an obligation of both Seller and Buyer, then the Parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligeeoblige.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co)
After the Closing. Buyer and Seller shall execute and deliver, or shall caused to be executed and delivered from time to time, such further instruments of conveyance and transfer and shall take such other action as any Party may reasonably request to convey and deliver the Interests to Buyer, to accomplish the orderly transfer of the Interests to Buyer, or to otherwise effectuate the transactions contemplated by this Agreement. Seller will cooperate and will assist Buyer relating to the preparation and presentation of documents relating to changes in ownership and/or operatorship of the Interests. If either Party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received by a Party, which is partially an obligation of both Seller and Buyer, then the Parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligee.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co)