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: Purchase and Sale Agreement (Alberta Star Development Corp), Purchase and Sale Agreement (Lone Pine Resources Inc.), Purchase and Sale Agreement (Exco Resources 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: Asset Sale Agreement (Barnabus Energy, Inc.), Agreement of Purchase and Sale (Geocan Energy 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: Initial Assets Purchase Agreement (Paramount Energy Trust), Initial Assets Purchase Agreement (Paramount Energy Trust)
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.
Appears in 2 contracts
Samples: Take Up Agreement (Paramount Energy Trust), Take Up 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: Purchase and Sale Agreement (Efl Overseas, Inc.), Purchase and Sale Agreement (Efl Overseas, 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
