Non-Consent. Except as set forth on Schedule 3.20, as of the Execution Date, no Company has elected not to participate in any operation or activity proposed with respect to the Company Assets which could result in any of the Companies’ interest in any Company Assets becoming subject to a temporary or permanent reduction or forfeiture as a result of such election not to participate in such operation or activity, except to the extent reflected in the Net Revenue Interest and Working Interest columns set forth in the Lease Annex or Well Annex.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Talos Energy Inc.), Purchase and Sale Agreement (Talos Energy Inc.), Purchase and Sale Agreement (Talos Energy Inc.)
Non-Consent. Except as set forth on Schedule 3.20, as of the Execution Date, no the Company has not elected not to participate in any operation or activity proposed with respect to the Company Assets which could result in any of the Companies’ Company’s interest in any Company Assets becoming subject to a temporary or permanent reduction or forfeiture as a result of such election not to participate in such operation or activity, except to the extent reflected in the Net Revenue Interest and Working Interest columns set forth in the Lease Annex or Well Annex.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Talos Energy Inc.), Purchase and Sale Agreement (Talos Energy Inc.)
