Change of Operator Requirements. If ASSIGNEE is attempting to succeed ASSIGNOR as operator of any portion of the Property, ASSIGNEE shall promptly file all appropriate forms, declarations and bonds (or other authorized forms of security) with all applicable federal and state agencies relative to its assumption of operations. ASSIGNEE shall furnish to ASSIGNOR copies of all approvals, in the form granted by such federal and state agencies, relative to ASSIGNEE’s assumption of operations, as soon as such approvals become available.
Change of Operator Requirements. Buyer shall comply with all applicable laws, ordinances, rules and regulations, orders, terms of permits and authorizations of any governmental body which may have jurisdiction with respect to the Interests to be transferred hereunder (including, without limitation, the filing with such governmental bodies of any and all compliance reports, notices, or other compliance documents which are due after the Closing Date regardless of the period covered by such reports, notices or documents) and shall promptly obtain and maintain all permits and bonds required by public authorities in connection with the Interests.
Change of Operator Requirements. If BUYER is attempting to succeed SELLER as operator of any portion of the Property, BUYER shall promptly file all appropriate forms, declarations and bonds (or other authorized forms of security) with all applicable state agencies relative to its assumption of operations. BUYER shall furnish to SELLER copies of all approvals, in the form granted by such state agencies, relative to BUYER’s assumption of operations, as soon as such approvals become available.
Change of Operator Requirements. If PURCHASER is attempting to succeed SELLER as operator of any portion of the Property, PURCHASER shall promptly file all appropriate forms, declarations and bonds (or other authorized forms of security) with all applicable federal and state agencies (including, without limitation, U.S. Bureau of Land Management, Wyoming Oil and Gas Commission, Wyoming Office of State Lands, Wyoming State Engineers Office, and Wyoming Department of Environmental Quality) relative to its assumption of operations. PURCHASER shall furnish to SELLER copies of all approvals, in the form granted by such federal and state agencies, relative to PURCHASER'S assumption of operations, as soon as such approvals become available. Where a vote is required under a joint operating or other agreement to determine what party will succeed SELLER as operator of a Property, SELLER shall comply with all balloting procedures under such operating agreements for the election of the successor operator to SELLER. SELLER shall recommend to all working interest owners in the Property involved that PURCHASER be elected operator and SELLER shall vote for PURCHASER as operator if SELLER retains in interest in the Property after Closing.
Change of Operator Requirements. Buyer shall use its best efforts to have Zarvona Energy LLC succeed the Sellers as operator of those portions of the Assets for which a Seller serves as operator. In connection therewith, Buyer shall promptly file all appropriate forms, declarations and bonds (or other authorized forms of security) with all applicable federal and state agencies relative to its assumption of operations. Buyer shall furnish to the Company copies of all approvals, in the form granted by such federal and state agencies, relative to Buyer’s assumption of operations, as soon as such approvals become available. In no event do the Sellers provide any warranty, covenant or other assurance that Buyer will succeed any Seller as operator of any portion of the Assets as the Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operator.
Change of Operator Requirements. Contributee shall comply with all applicable laws, ordinances, rules and regulations, orders, terms of permits and authorizations of any governmental authority which may have jurisdiction with respect to the Interests to be transferred hereunder (including, without limitation, the filing with such governmental authorities of any and all compliance reports, notices, or other compliance documents which are due after the date hereof regardless of the period covered by such reports, notices or documents), and shall promptly obtain and maintain all permits and bonds required by governmental authorities in connection with the Interests. Specifically, promptly after the date hereof, Contributee shall make application to the applicable governmental authorities, on such forms as such governmental authorities require, for the transfer of all wxxxx included in the Interests from the account and bond of Contributor to the account and bond of Contributee. Contributor shall reasonably cooperate, at Contributee’s expense, with Contributee in connection with such actions. If approval by any governmental authority for the transfer of any such well is delayed or not approved because same has been out of production for a period in excess of twelve months, Contributee agrees to promptly take such action as may be required by such governmental authority to produce or plug same. Contributee further agrees that to the extent any such wxxxx have been out of production for a period in excess of twelve months, Contributee shall affirmatively note on such application that Contributee will bring same into compliance by producing or plugging same within 120 days of approval of the application.
Change of Operator Requirements. Buyer shall use its best efforts to succeed Seller as operator of those portions of the Property for which Seller serves as operator. In connection therewith, Buyer shall promptly file all appropriate forms, declarations and bonds (or other authorized forms of security) with all applicable federal and state agencies relative to its assumption of operations. Buyer shall furnish to Seller copies of all approvals, in the form granted by such federal and state agencies, relative to Buyer’s assumption of operations, as soon as such approvals become available. In no event does Seller provide any warranty or other assurance that Buyer will succeed Seller as operator of any portion of the Property.
Change of Operator Requirements. 28 7.5.4 Further Assurances. . . . . . . .29 ARTICLE 8.
