Operatorship. Purchaser acknowledges that Vendor is unable to assign to Purchaser operatorship of the Assets, if any, operated by Vendor and in respect of which Vendor does not have a 100% interest. Vendor shall, however, use reasonable best efforts to assist Purchaser in its attempts to obtain operatorship.
Appears in 3 contracts
Samples: Agreement of Purchase and Sale (Alberta Star Development Corp), Agreement of Purchase and Sale (Lone Pine Resources Inc.), Purchase and Sale (Exco Resources Inc)
Operatorship. The Purchaser acknowledges that the Vendor is unable to assign to Purchaser operatorship of the Assets, if any, Assets operated by the Vendor and in respect of which the Vendor does not have a 100% interest. The Vendor shall, however, use reasonable best efforts to assist the Purchaser in its attempts to obtain operatorship.. Table of Contents
Appears in 2 contracts
Samples: Employment Agreement (Paramount Energy Trust), Dealer Manager Agreement (Paramount Energy Trust)
Operatorship. Purchaser acknowledges that Vendor is unable to assign to Purchaser operatorship of the Assets, if any, operated by Vendor and in respect of which Vendor does not have a 100% interest. Vendor shall, however, use reasonable best reasonably commercial efforts to assist Purchaser in its attempts to obtain operatorship.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Efl Overseas, Inc.), Agreement (Efl Overseas, Inc.)
Operatorship. Purchaser acknowledges that Vendor is unable to assign to Purchaser operatorship of the Assets, if any, operated by Vendor and in respect of which Vendor does not have a 100% working interest. Vendor shall, however, use reasonable best efforts to assist Purchaser in its attempts attempt to obtain operatorship.
Appears in 2 contracts
Samples: Agreement (Barnabus Energy, Inc.), Amending Agreement (Geocan Energy Inc)
Operatorship. The Purchaser acknowledges that Vendor is unable the Vendor, to assign to Purchaser operatorship the extent it operates any of the Assets, if any, operated by is unable to unilaterally assign operatorship of those Assets. The Vendor and in respect of which Vendor does not have a 100% interest. Vendor shalldoes, however, use undertake on a commercially reasonable best efforts basis to assist the Purchaser in its attempts efforts should it wish to obtain operatorshipsucceed the Vendor as operator of any such Assets.
Appears in 1 contract
Samples: Asset Sale Agreement (Shannon International Resources Inc)
Operatorship. Purchaser acknowledges that Vendor is Vendors are unable to assign to Purchaser operatorship of the Assets, if any, operated by Vendor Vendors and in respect of which Vendor does Vendors do not have a one hundred percent (100% %) interest. Vendor Vendors shall, however, use commercially reasonable best efforts to assist Purchaser in its attempts to obtain operatorship.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Devon Energy Corp/De)