Non-Operator's Obligations Sample Clauses

Non-Operator's Obligations. Buyer assumes full responsibility and liability for Buyer's Assumed Obligations without regard to whether the obligation (i) relates to an Asset as to which Buyer is not the duly elected operator or which is a non-operating interest or (ii) relates to a period of time during which Seller was not the owner or operator of the Asset.
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Non-Operator's Obligations. With respect to (i) any periods of time before the Effective Date during which ASSIGNOR was not operator of the Property, or (ii) any non-operating interests in the Property, ASSIGNOR retains full responsibility and liability for ASSIGNOR's Retained Obligations with respect to the non-operating interests being conveyed and assigned under this Agreement.
Non-Operator's Obligations. With respect to any non-operating interests in the Property, ASSIGNEE shall assume full responsibility and liability, from and after the Effective Date, for the Plugging and Abandonment Obligations with respect to the non-operating interests being conveyed and assigned under this Agreement.
Non-Operator's Obligations. Seller retains full responsibility and liability for Seller's Retained Obligations without regard to whether the obligation relates to (i) any periods of time before the Effective Time during which Seller was not the owner or operator of the Assets, or (ii) any non-operating interests in the Assets.
Non-Operator's Obligations. With respect to any non-operated interests in the Assets being transferred to Buyer under this Agreement, Buyer agrees to assume full responsibility and liability, from and after the Effective Time, for the Assumed Environmental Obligations with respect to the non-operated interests being conveyed and assigned under this Agreement.
Non-Operator's Obligations. With respect to (a) any periods of time before the Effective Date during which SELLER was not operator of the Property, or (b) any non-operating interests in the Property, SELLER retains full responsibility and liability for SELLER'S Retained Obligations with respect to the non-operating interests being conveyed and assigned under this Agreement.
Non-Operator's Obligations. With respect to (i) any part of the Property for which ASSIGNEE is not duly elected operator, or (ii) any non-operating interests in the Property, ASSIGNEE shall assume full responsibility and liability for Assignee's Assumed Obligations with respect to the non-operating interests being conveyed and assigned under this Agreement.
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Non-Operator's Obligations. With respect to any non-operating interests in the Property being transferred to ASSIGNEE under this Agreement, ASSIGNEE agrees to assume full responsibility and liability, from and after the Effective Date, for the Environmental Obligations with respect to the non-operating interests being conveyed and assigned under this Agreement.
Non-Operator's Obligations. With respect to (i) any part of the Property and Assets for which BUYER or COI is not duly elected operator, or (ii) any non-operating interests in the Property or Assets, BUYER shall assume full responsibility and liability for BUYER's Assumed Obligations with respect to such non-operating interests.
Non-Operator's Obligations. With respect to any non-operating interests in the Property and Assets, BUYER shall guarantee and assume full responsibility and liability, from and after the Effective Date, for the Plugging and Abandonment Obligations with respect to such non-operating interests.
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