Common use of Equipment and Personal Property Clause in Contracts

Equipment and Personal Property. (a) Except as set forth in Part 3.07(a) of the Seller's Disclosure Statement, all Equipment (i) is in an operable state of repair adequate to maintain normal operations and (ii) is suitable for the purposes for which such Equipment is being used. Seller has all material easements, rights of way, licenses, and Governmental Authorizations necessary to access, construct, operate, maintain, and repair the Equipment in material compliance with all Legal Requirements. Except to the extent included in the Assets, neither Seller nor any Affiliate of Seller owns any gathering systems, downstream transportation systems, or gas processing facilities in or through which any Hydrocarbons are gathered, transported, or processed.

Equipment and Personal Property. (a) Except as set forth in Part 3.07(a) of the Seller's ’s Disclosure Statement, all Equipment (i) is in an operable state of repair adequate to maintain normal operations and (ii) is suitable for the purposes for which such Equipment is being used. Seller has all material easements, rights of way, licenses, licenses and Governmental Authorizations necessary to access, construct, operate, maintain, maintain and repair the Equipment in material compliance with all Legal Requirements. Except to the extent included in the Assets, neither Seller nor any Affiliate of Seller owns any gathering systems, downstream transportation systems, systems or gas processing facilities in or through which any Hydrocarbons are gathered, transported, transported or processed.

Equipment and Personal Property. (a) Except as set forth in Part 3.07(a) of the Seller's ’s Disclosure Statement, all Equipment (i) is in an operable state of repair adequate to maintain normal operations and (ii) is suitable for the purposes for which such Equipment is being used. Seller has all material easements, rights of way, licenses, and Governmental Authorizations necessary to access, construct, operate, maintain, and repair the Equipment in material compliance with all Legal Requirements. Except to the extent included in the Assets, neither Seller nor any Affiliate of Seller owns any gathering systems, downstream transportation systems, or gas processing facilities in or through which any Hydrocarbons are gathered, transported, or processed.