Operatorship And Third Parties Sample Clauses
Operatorship And Third Parties. Nothing in this Agreement shall be interpreted as any assurance by the Vendor that the Purchaser will be able to serve as operator with respect to any of the Assets in which interests are held by third parties, whether or not such Assets are presently operated by the Vendor.
Operatorship And Third Parties. The Vendor shall use reasonable efforts to assist Purchaser in its attempts to obtain operatorship of the Assets or any part of them, including the preparation and execution of notice of resignation of operatorship requesting the appointment of Purchaser as operator.
Operatorship And Third Parties. Nothing in this Agreement shall be interpreted as any assurance by the Vendor that the Purchaser will be able to serve as operator with respect to any of the Assets in which interests are held by third parties, whether or not such Assets are presently operated by the Vendor. Where Paramount is the operator Paramount shall, after Closing, recommend to third parties that the Purchaser be appointed operator of the Assets.
Operatorship And Third Parties. Nothing in this Agreement shall be interpreted as any assurance by the Vendor that the Corporations or their nominees or successors or assigns (including the Purchaser), as applicable, will be able to serve as operator with respect to any of the Assets in which interests are held by third parties, whether or not such Assets are presently operated by ConocoPhillips. Neither the Vendor nor its Related Parties shall have any Liability to the Purchaser or its Related Parties for any Purchaser’s Losses as a result of the Corporations or their nominees or successors or assigns (including the Purchaser) not being designated as the operator of the Lands or Tangibles operated by ConocoPhillips prior to Closing.