Insurance Proceeds and Settlement Payments. In each case under subparts (a) and (b) of Section 5.7.2, Seller will be entitled to (a) all insurance proceeds with respect to any such Casualty Loss, (b) all sums paid to Seller or Buyer by third Persons by reason of any such Casualty Loss, and (c) all compensation paid to Seller or Buyer with respect to any such Government Taking.
Appears in 2 contracts
Samples: Purchase Agreement (Centennial Resource Development, Inc.), Purchase Agreement (Centennial Resource Development, Inc.)
Insurance Proceeds and Settlement Payments. In each case under subparts (ai) and (bii) of Section 5.7.27.5(b), Seller will be entitled to (ai) all insurance proceeds with respect to any such Casualty Loss, (bii) all sums paid to Seller or Buyer by third Persons parties by reason of any such Casualty Loss, and (ciii) all compensation paid to Seller or Buyer with respect to any such Government Taking.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Insurance Proceeds and Settlement Payments. In each case under subparts (a) and (b) of Section 5.7.2, Seller will be entitled to (a) all insurance proceeds with respect to any such Casualty Loss, Loss and (b) all sums paid to Seller or Buyer by third Persons Third Parties by reason of any such Casualty Loss, and (c) all compensation paid to Seller or Buyer with respect to any such Government Taking.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Carrizo Oil & Gas Inc)
