Common use of Description of Obligations Clause in Contracts

Description of Obligations. From and after Closing, ASSIGNOR will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Property that are attributable to periods before the Effective Date, except as otherwise specifically provided in this Agreement (the “ASSIGNOR’s Retained Obligations”). Without limiting the generality of the foregoing, subject to Section 8.6, the ASSIGNOR’s Retained Obligations shall specifically include:

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Denbury Resources Inc)

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Description of Obligations. From and after After Closing, ASSIGNOR will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Property that are attributable to periods before the Effective Date, except as otherwise specifically provided in this Agreement (the "ASSIGNOR’s Retained Obligations”'S RETAINED OBLIGATIONS"). Without limiting the generality of the foregoing, subject to Section 8.6, the ASSIGNOR’s The Assignor's Retained Obligations shall specifically includeinclude without limitation:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Southwest Royalties Holdings Inc)

Description of Obligations. From and Subject to Section 8.6, after Closing, ASSIGNOR will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Property that are attributable to periods before the Effective Date, except as otherwise specifically provided in this Agreement (the "ASSIGNOR’s 's Retained Obligations"). Without limiting the generality of the foregoing, subject to Section 8.6, the ASSIGNOR’s 's Retained Obligations shall also specifically include:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gasco Energy Inc)

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Description of Obligations. From and after After Closing, ASSIGNOR will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Property that are attributable to periods before the Effective Date, except as otherwise specifically provided in this Agreement (the "ASSIGNOR’s 's Retained Obligations"). Without limiting the generality of the foregoing, subject to Section 8.6, the The ASSIGNOR’s 's Retained Obligations shall specifically include:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Stone Energy Corp)

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