Common use of Operatorship Clause in Contracts

Operatorship. Buyer shall be satisfied in its sole discretion that it will succeed to or will become operator of all units and xxxxx comprising a part of the Assets that were being operated by Seller at the Effective Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Jayhawk Energy, Inc.), Asset Purchase and Sale Agreement (Alamo Energy Corp.)

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Operatorship. Buyer Purchaser shall be satisfied in its sole discretion that it will succeed to or will become operator of all units and xxxxx comprising a part of the Assets that were being operated by Seller at the Effective DateTime.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Unicorp Inc /New)

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Operatorship. Buyer Purchaser shall be satisfied in its sole reasonable discretion that it will succeed to or will become operator of all units and xxxxx comprising a part of the Assets that were being operated by Seller at the Effective DateTime.

Appears in 1 contract

Samples: Purchase and Sale Agreement (True North Energy CORP)

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