Common use of Casualty or Condemnation Loss Clause in Contracts

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear and, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunder.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurssubject to the Closing, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property Personal Property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the Assets.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any wellWell, collapsed casing or sand infiltration of any wellWell) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the Assets.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, Time if Closing occurs, with respect to the Conveyed Interest, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, and Buyer shall not assert such matters as Casualty Losses any casualty losses or Title Defects hereunder.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurs, Buyer Buyers shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear and, in each case, Buyer Buyers shall not assert such matters as Casualty Losses or Title Defects hereunder.

Casualty or Condemnation Loss. (aA) Notwithstanding anything herein to the contrarycontrary and subject to the termination rights set forth below, from and after the Effective Time, if Closing occurssubject to the Closing, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the assets of the Company and its Subsidiaries.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion or other mechanical failure (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the Assets.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any wellwell due solely to normal depletion) and (ii) the depreciation of personal property due to ordinary wear and tear and, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunder.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from From and after the Effective Time, if Closing occursClosing, Buyer shall assume all risk of loss with respect to (i) the production of Hydrocarbons from the Assets Hydrocarbons, including losses through normal depletion (including the watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the Oil and Gas Assets.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrary, from and after the Effective Time, if Closing occurssubject to the occurrence of Closing, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property due to ordinary wear and tear andtear, in each case, Buyer shall not assert such matters as Casualty Losses or Title Defects hereunderwith respect to the Assets.

Casualty or Condemnation Loss. (a) Notwithstanding anything herein to the contrarycontrary but subject to the provisions of Article 6.1 and Article 12.3(b), if Closing occurs, from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect to (i) production of Hydrocarbons from the Assets through normal depletion (including watering out of any well, collapsed casing or sand infiltration of any well) and (ii) the depreciation of personal property Personal Property due to ordinary wear and tear andtear, in each case, Buyer with respect to the Assets, and such matters shall not assert such matters be considered as Casualty Losses a casualty loss or Title Defects hereunderdamage.