Common use of Notices of Claims Clause in Contracts

Notices of Claims. Grantor shall promptly notify Grantee, if, between the date of execution of this Agreement and the Closing Date (or, with respect to the Golden Lane Leases, the Second Conveyance), Grantor receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)

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Notices of Claims. Grantor shall promptly notify Grantee, if, between the date of execution of this Agreement and the Closing Date (or, with respect to the Golden Lane Leases, the Second Conveyance)Date, Grantor receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)

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