Common use of Assignment and Assumption of Rights Clause in Contracts

Assignment and Assumption of Rights. 4.1 Newfield will obtain Apache's written consent to assignment, by Newfield to Ridgewood, of a 50.00% interest in the rights, duties and obligations conferred by the Option Agreement and Farmout Agreement.

Appears in 4 contracts

Samples: Participation Agreement (Ridgewood Energy O Fund LLC), Participation Agreement (Ridgewood Energy T Fund LLC), Participation Agreement (Ridgewood Energy P Fund LLC)

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Assignment and Assumption of Rights. 4.1 Newfield will shall obtain Apache's written consent to assignment, by Newfield to Ridgewood, of a 50.0050.000% interest in the rights, duties and obligations conferred by the Option Agreement and Farmout Agreement.

Appears in 1 contract

Samples: Participation Agreement (Ridgewood Energy S Fund LLC)

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