Common use of Limitation on Acquisitions Clause in Contracts

Limitation on Acquisitions. Each of the Parties hereby covenants and agrees with the other Party that it will not acquire, nor will it permit any Affiliate to acquire, any Mineral Rights or Surface Rights located wholly or in part within the Area of Interest unless such Mineral Rights or Surface Rights are made subject to the terms of this Agreement and the acquiring Party (or, if an Affiliate of a Party has completed the acquisition, then such Party, in either case in this Article referred to as the "Acquiring Party") complies with the provisions of this Article.

Limitation on Acquisitions. Each of the Parties hereby covenants and agrees with the other Party that it will not acquire, nor will it permit any Affiliate to acquire, any Mineral Rights or Surface Rights located wholly or in part within the Area of Interest unless such Mineral Rights or Surface Rights are made subject to the terms of this Agreement and the acquiring Party (or, if an Affiliate of a Party has completed the acquisition, then such Party, in either case in this Article article referred to as the "“Acquiring Party"”) complies with the provisions of this Article.

Limitation on Acquisitions. Each of the Parties hereby covenants and agrees with the other Party that it will not directly or indirectly acquire, nor will it permit any Affiliate to directly or indirectly acquire, any Mineral Rights (or Surface Rights interests therein) located wholly or in part within the Area of Interest unless such Mineral Rights or Surface Rights are made subject to the terms of this Agreement and the acquiring Party (or, if an Affiliate of a Party has completed the acquisition, then such PartyAffiliate, in either case in this Article 12 referred to as the "“Acquiring Party"”) complies with the provisions of this ArticleArticle 12.