Non-Consent Operations. No operations are being conducted with respect to any Properties as to which Seller has elected to be a non-consenting party under the applicable operating agreement and which could result in Seller’s interest in any Property becoming subject to a penalty or forfeiture as a result of such election not to participate in such operation or activity.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Diamondback Energy, Inc.), Purchase and Sale Agreement (Diamondback Energy, Inc.)
Non-Consent Operations. No There are no operations are being conducted (including, without limitation, drilling operations) associated with the Properties with respect to any Properties as to which the Seller has elected to be is currently or will become a non-consenting party under the applicable operating agreement and which could result in Seller’s interest in any Property becoming subject to a penalty or forfeiture as a result of such election not to participate in such operation or activitynon-participating party.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Apache Corp), Purchase and Sale Agreement (Apache Corp)
Non-Consent Operations. No operations are being conducted with respect to any Properties as to which Seller Xxxxxx has elected to be a non-consenting party under the applicable operating agreement and which could result in Seller’s interest in any Property becoming subject to a penalty or forfeiture as a result of such election not to participate in such operation or activity.
Appears in 1 contract
Samples: Purchase and Sale Agreement
