Common use of Filings, Notices and Certain Governmental Approvals Clause in Contracts

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, (a) Buyer shall record the Assignment of the Assets and any Additional Assignments of the Assets executed at Closing in all applicable real property records and at the offices of all relevant Governmental Authorities, (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations assumed by Buyer that shall not have been obtained prior to Closing. Buyer obligates itself to take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (EV Energy Partners, LP)

AutoNDA by SimpleDocs

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer's expense (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. To the extent reasonably requested by Seller, Buyer obligates itself shall at Buyer's expense promptly provide Seller with copies of all filings, approvals and consents required pursuant to this Section 19.03. Buyer shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself to shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer’s expense (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself to shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer’s expense (a) Buyer shall record the Assignment of the Assets Assets, and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself shall at Buyer’s expense promptly provide Seller with copies of all filings, approvals and consents required pursuant to this Section 15.03. Buyer shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer's expense (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. To the extent reasonably requested by Seller, Xxxxx shall at Buyer's expense promptly provide Seller with copies of all filings, approvals and consents required pursuant to this Section 19.03. Buyer obligates itself to shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement

AutoNDA by SimpleDocs

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer’s expense (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself shall at Buyer’s expense promptly provide Seller with copies of all filings, approvals and consents required pursuant to this Section 19.03. Buyer shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall at Buyer’s expense (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of and/or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself shall at Buyer’s expense promptly provide Sellers with copies of all filings, approvals and consents required pursuant to this Section 19.03. Buyer shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Filings, Notices and Certain Governmental Approvals. Promptly after ClosingClosing or the termination of the Transition Services Agreement, in each case, as applicable, Buyer shall (a) Buyer shall record the Assignment of the Assets Assets, all state/federal assignments and any Additional Assignments of lien releases related to the Assets executed or delivered at the Closing in all applicable real property records and at the offices of or, if applicable, all relevant Governmental Authorities, state or federal agencies; (b) Buyer shall send notices to vendors supplying goods and services for the Assets of the assignment of such Assets to Buyer and, if applicable, the designation of Buyer as the operator thereof, (c) Buyer shall actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and, if applicable, the designation of Buyer as the operator, operator of the operated Assets; (c) actively pursue the unconditional approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and the designation of Buyer as the operator of the operated Assets; and (d) Buyer and Seller shall actively pursue (with Seller’s assistance, as may be reasonably requested by Buyer) all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption of the Liabilities and obligations liabilities assumed by Buyer under this Agreement, that shall have not have been obtained prior to Closing. Buyer obligates itself to shall take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting of any and all bonds or other security that may be required in excess of its existing lease, pipeline or area-wide bond.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!