MMS Approval. This Assignment is expressly made subject to the approval of the Minerals Management Service, United States Department of the Interior.
MMS Approval. Purchaser promptly after the Closing Date shall actively pursue MMS unconditional approval of the assignments of the Assets situated on the Outer Continental Shelf, and ownership thereof, from Noble to Purchaser. Purchaser obligates itself to take any and all reasonable action required by the MMS in order to obtain such approval and shall provide Noble with evidence that the MMS has determined that Purchaser (a) is exempt from any supplemental bonding requirements or (b) has satisfied any supplemental bonding requirements in accordance with Section 8.5(b), in either case involving the Assets. Until such time as Purchaser has provided Noble with such evidence satisfactory to Noble of compliance with this Section 17.22, Noble shall have the right to refuse to transfer operations of the Assets and Noble will continue to operate the Assets pursuant to the terms of the Transition Agreement.
MMS Approval. Seller is not aware of the existence of any fact or condition with respect to Seller or the Assets that may cause the MMS to withhold unconditional approval, to the extent MMS approval is required under applicable law, of the transfer of the Assets from Seller to Buyer.
MMS Approval. R&B is not aware of the existence of any fact or condition with respect to R&B or the Leases that may cause the MMS to withhold unconditional approval, to the extent MMS approval is required under applicable law, of the Mortgage of the Leases from R&B to BBPI or any acquisition of R&B's interest in the Leases under Articles 2., 3. or 4. hereof.
MMS Approval. Neither BBEI nor BBPI is aware of the existence of any fact or condition with respect to BBPI or BBEI or the Leases that may cause the MMS to withhold unconditional approval, to the extent MMS approval is required under applicable law, of the Mortgage of the Leases from R&B to BBPI or any acquisition of R&B's interest in the Leases under Articles 2., 3., or 4. hereof.
MMS Approval. Buyer has contemporaneously with the Closing of the transaction contemplated by this Agreement, filed with the Minerals Management Service, what it believes to be the appropriate documentation for the approval of Buyer as an owner and operator of the Assets. Subject only to the approval of Buyer's filing described in the preceding sentence, Buyer is not aware of the existence of any fact or condition with respect to Buyer or the Assets that may cause the MMS to withhold unconditional approval, to the extent MMS approval is required under applicable law, of the transfer of the Assets from Seller to Buyer.
MMS Approval. Final, unconditional approval by the MMS of the assignment of Noble's record title interests in the OCS Leases to Buyer; PROVIDED, that Noble may, in its sole discretion, deem the MMS Approval to have been received if all conditions to the MMS Approval have been fully satisfied other than the delivery to the MMS of the Governmental Bond and the other Required Bonds required by Applicable Law to be delivered to the MMS.
MMS Approval. Final, unconditional approval by the MMS of the assignment of Shell's record title interests in the OCS Leases to Buyer; provided, that Shell may, in its sole discretion, deem the MMS Approval to have been received if all conditions to the MMS Approval have been fully satisfied other than the delivery to the MMS of the Governmental Bond and the other Required Bonds required by Applicable Law to be delivered to the MMS.
MMS Approval. The Party making this representation is not aware of the existence of any fact or condition that may cause the MMS to withhold unconditional approval, to the extent MMS approval is required under applicable law, of the transfer of the Oil & Gas Interests from SELLER to PURCHASER.
MMS Approval. Both of the following: (a) final, unconditional approval by the MMS of the assignment of Aera's record title interests in the OCS Leases to Buyer, and (b) final, unconditional approval by the MMS of Buyer (or another Person) as Aera's successor as Unit Operator; PROVIDED, that Aera may, in its sole discretion, deem the MMS Approval to have been received if all conditions to the MMS Approval have been fully satisfied other than the delivery to the MMS of the Governmental Bond and the other Required Bonds required by Applicable Law to be delivered to the MMS.
