Common use of Buyer’s Obligations Clause in Contracts

Buyer’s Obligations. Except as to those matters described on Schedule 5.14, and provided Closing occurs, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, and abandonment of all Xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, and abandonment of all Xxxxx xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time Time, in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilitiesFacilities, equipmentEquipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements requirements, and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “"Plugging and Abandonment Obligations”"), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, replugging and abandonment of all Xxxxx xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, junk and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, paint or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “"Plugging and Abandonment Obligations”"), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, replugging and abandonment of all Xxxxx wells on the Assets, whether plugged and abandoned before xxxore or after the Effective Time in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, junk and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, paint or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, replugging and abandonment of all Xxxxx wxxxx on the Assets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, junk and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, paint or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as to those matters described on Schedule 5.14Upon and after Closing, BUYER guarantees and provided Closing occurs, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations (and COI's obligations) related to the Property and Assets (the “"Plugging and Abandonment Obligations”"), regardless of whether they are attributable to the ownership or operation of the Property op Assets before or after the Effective TimeDate: (i) The necessary and proper plugging, replugging, replugging and abandonment of all Xxxxx wells on the AssetsProperty xxx Xssets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the LeasesDate; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all platforms, structures, pipelines, facilities, equipment, abandoned Assets, junk, property and other personal property junk located on or comprising any part of the Assets in compliance with applicable Laws Property and Assets, including junk on the terms of sea floor at the Leases; (iii) The necessary and proper capping and burying of all associated flow lines associated with the Wells and located on or comprising any ox xxxprising part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Property and Assets, both surface surface, sea floor, and subsurface, in compliance with any as may be required by applicable Lawslaws, the Leases, the Surface Agreements, the Contracts, regulation or any other applicable agreementscontract; (v) To the extent not addressed by operation of ARTICLE 4, any Any necessary clean-up or disposal of any part of the Property and Assets contaminated by naturally occurring radioactive material ("NORM"), asbestos containing materialsas may be required by applicable laws, lead based paint, regulations or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resourcescontract; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities courts, authorized regulatory bodies or parties claiming a vested interest in any part of the Property and Assets; and (vii) Obtaining and maintaining all bonds and securitiesbonds, including or supplemental or additional bonds or other securitiesbonds, that may be required by contract contractually or by Governmental Authoritiesgovernmental authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, and abandonment of all Xxxxx xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time Time, in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilitiesFacilities, equipmentEquipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE 4Article 4 or Section 12.04(g), any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements requirements, and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as to those matters described on Schedule 5.14, and provided Provided Closing occurs, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets Xxxxx (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, and abandonment in compliance with applicable Laws and the Leases of all Xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time (including, for the avoidance of doubt, the proper plugging and abandonment of those Xxxxx set forth in compliance with applicable Laws and the terms Part (a-1) of the LeasesSection 5.14); (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and capping, removal and/or burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Surface Agreements, the Contracts, or other agreements; (iv) The necessary and proper restoration of the AssetsAssets and those locations described on Schedule 5.14, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreementsagreement; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under applicable Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as to those matters described on Schedule 5.14Provided Closing occurs, and provided Closing occursto the extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets Patriot Companies (the “"Plugging and Abandonment Obligations”"), regardless of whether they are attributable to the ownership or operation of the Assets Patriot Companies before or after the Effective TimeClosing Date: (i) The necessary and proper plugging, replugging, and abandonment of all Xxxxx on the Assetsxxxxx, whether plugged and abandoned before or after the Effective Time Closing Date in compliance with applicable Laws and the terms of the oil and gas leases ("Leases"); (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assetsassets, to the extent required by applicable Laws, the Leases, the any contracts ("Contracts"), or other agreements; (iv) The necessary and proper restoration of the Assetsassets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE 4elsewhere in this Agreement, any necessary clean-up or disposal of any part of the Assets assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assetsassets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as to those matters described on Schedule 5.14, and provided Provided Closing occurs, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “"Plugging and Abandonment Obligations”"), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, and abandonment of all Xxxxx xxxxx on the Assets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the Leases; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the Leases; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.

Buyer’s Obligations. Except as Provided Closing occurs and to those matters described on Schedule 5.14, and provided Closing occursthe extent not otherwise addressed by the express provisions of this Agreement, Buyer assumes full responsibility and liability for the following plugging and abandonment obligations related to the Assets (the “Plugging and Abandonment Obligations”), regardless of whether they are attributable to the ownership or operation of the Assets before or after the Effective Time: (i) The necessary and proper plugging, replugging, replugging and abandonment of all Xxxxx wxxxx on the Assets, whether plugged and abandoned before or after the Effective Time in compliance with applicable Laws and the terms of the LeasesTime; (ii) The necessary and proper decommissioning, removal, abandonment, and disposal of all structures, pipelines, facilities, equipment, abandoned Assets, junk, junk and other personal property located on or comprising any part of the Assets in compliance with applicable Laws and the terms of the LeasesAssets; (iii) The necessary and proper capping and burying of all associated flow lines located on or comprising any part of the Assets, to the extent required by applicable Laws, the Leases, the Contracts, or other agreements; (iv) The necessary and proper restoration of the Assets, both surface and subsurface, in compliance with any applicable Laws, the Leases, the Surface Agreements, the Contracts, or any other applicable agreements; (v) To the extent not addressed by operation of ARTICLE Article 4, any necessary clean-up or disposal of any part of the Assets contaminated by NORM, asbestos containing materials, lead based paint, paint or any other substances or materials considered to be hazardous under Laws, including Environmental Laws, and Laws relating to the protection of natural resources; (vi) All obligations arising from contractual requirements and demands made by Governmental Authorities or parties claiming a vested interest in any part of the Assets; and (vii) Obtaining and maintaining all bonds and securities, including supplemental or additional bonds or other securities, that may be required by contract or by Governmental Authorities.