Common use of Completion of Transfer of Interest Clause in Contracts

Completion of Transfer of Interest. If the proposed Transfer of Interest is not executed and filed of record with the MMS within one-hundred fifty (150) days after receipt of the transfer notice by the non-assigning Parties, or if the terms of the proposed Transfer of Interest conveyance are materially altered, the proposed Transfer of Interest shall be deemed withdrawn, and the Working Interest included in the proposed Transfer of Interest shall again be governed by this Article 24.2 (Preferential Right to Purchase).

Completion of Transfer of Interest. If the proposed Transfer of Interest is not executed and filed of record with the MMS within one-one hundred fifty eighty (150180) days after receipt of the transfer notice by the non-assigning Parties, or if the terms of the proposed Transfer of Interest conveyance are materially altered, the proposed Transfer of Interest shall be deemed withdrawn, and the Working Interest included in the proposed Transfer of Interest shall again be governed by this Article 24.2 26.2 (Preferential Right to Purchase).

Completion of Transfer of Interest. If the proposed Transfer of Interest is not executed and filed fled of record with the MMS within one-hundred fifty three (1503) days months after receipt of the transfer notice by the non-assigning Parties, or if the terms of the proposed Transfer of Interest conveyance are materially altered, the proposed Transfer of Interest shall be deemed withdrawn, and the Working Interest included in the proposed Transfer of Interest shall again be governed by this Article 24.2 26.2 (Preferential Right to Purchase).

Completion of Transfer of Interest. If the proposed Transfer of Interest is not executed and filed of record with the MMS within one-hundred fifty six (1506) days months after receipt of the transfer notice by the non-assigning Parties, or if the terms term of the proposed Transfer of Interest conveyance are materially altered, the proposed Transfer of Interest shall be deemed withdrawn, and the Working Interest included in the proposed Transfer of Interest shall again be governed by this Article 24.2 (Preferential Right to Purchase).