Common use of Emergencies; Legal Requirements Clause in Contracts

Emergencies; Legal Requirements. Seller may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above if reasonably necessary under emergency circumstances (or if required or prohibited (as the case may be) pursuant to Law) and provided Buyer is notified as soon thereafter as practicable.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Parsley Energy, Inc.), Asset Purchase Agreement (Chaparral Energy, Inc.)

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Emergencies; Legal Requirements. Seller or the Company may take (or ------------------------------- not take, as the case may be) any of the actions mentioned in Section 8.1 above if reasonably necessary under emergency circumstances (or if required or prohibited (as the case may be) pursuant to Law) and provided provided, Buyer is notified as soon thereafter as practicable.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Cec Resources LTD), Stock Purchase Agreement (Carbon Energy Corp)

Emergencies; Legal Requirements. Seller may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above if reasonably necessary under emergency circumstances (or if required or prohibited (prohibited, as the case may be) , pursuant to Law) and provided Buyer is notified as soon thereafter as practicable.

Appears in 1 contract

Samples: Asset Purchase Agreement (BreitBurn Energy Partners L.P.)

Emergencies; Legal Requirements. Seller or the Company may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above if this Article 9 to the extent reasonably necessary under emergency circumstances (or if required or prohibited (prohibited, as the case may be) , pursuant to Law) and provided Buyer is notified as soon thereafter as practicable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

Emergencies; Legal Requirements. Seller or the Company may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above if reasonably necessary under emergency circumstances (or if required or prohibited (as the case may be) pursuant to Law) and provided Buyer is notified as soon thereafter as practicable.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mesa Inc)

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Emergencies; Legal Requirements. Seller may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above 9.1 if reasonably necessary under emergency circumstances (or if required or prohibited (prohibited, as the case may be) , pursuant to Law) and provided Buyer is notified as soon thereafter as practicable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Exco Resources Inc)

Emergencies; Legal Requirements. Seller may take (or not take, as the case may be) any of the actions mentioned in Section 8.1 above if to the extent reasonably necessary under emergency circumstances which pose a threat to life, safety, property or the environment (or if required or prohibited (prohibited, as the case may be) , pursuant to Law) and provided Buyer is Buyers are notified as soon thereafter as practicable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quicksilver Resources Inc)

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