Common use of Assumption of Obligations by Atlas America Clause in Contracts

Assumption of Obligations by Atlas America. Atlas America hereby expressly assumes, for itself and its successors and assigns, the obligations of each of the Atlas Energy, Energy Operating and the Subsidiaries, as they may appear, to timely pay gathering fees to APL under Article 7 and 8 of the Gathering Agreement accruing from and after the Closing Date and agrees to keep, perform and observe all of the covenants and conditions contained therein on the part of any of them to be kept, performed and observed from and after the Closing Date.

Appears in 4 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Atlas Resources Public #16-2007 (B) L.P.), Contribution, Conveyance and Assumption Agreement (Atlas America Series 27-2006 LP), Contribution, Conveyance and Assumption Agreement (Atlas Energy Resources, LLC)

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Assumption of Obligations by Atlas America. Atlas America hereby expressly assumes, for itself and its successors and assigns, the obligations of each member of the Atlas Energy, Energy Operating and the SubsidiariesGroup, as they may appear, to timely pay gathering fees to APL under Article 7 and 8 of the Gathering Agreement accruing from and after the Closing Date and agrees to keep, perform and observe all of the covenants and conditions contained therein on the part of any of them the Subsidiaries to be kept, performed and observed from and after the Closing Date.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Atlas Energy Resources, LLC), Contribution, Conveyance and Assumption Agreement (Atlas America Inc)

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