Common use of Inducement to ExxonMobil Clause in Contracts

Inducement to ExxonMobil. Buyer acknowledges that it evaluated its obligations under this article before it determined and submitted its bid for the Interests and that its assumption of these obligations is a material inducement to ExxonMobil to enter into this Agreement with, and close the sale to, Buyer.

Appears in 2 contracts

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

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Inducement to ExxonMobil. Buyer acknowledges that it evaluated its obligations under this article 16 before it determined and submitted its bid for the Interests interests and that its assumption of these obligations is a material inducement to ExxonMobil to enter into this Agreement with, and close the sale to, Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (W&t Offshore Inc)

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Inducement to ExxonMobil. Buyer acknowledges that it evaluated its obligations under this article Article 16 before it determined and submitted its bid for the Interests and that its assumption of these obligations is a material inducement to ExxonMobil to enter into this Agreement with, and close the sale to, Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Energy Xxi (Bermuda) LTD)

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