Common use of Operatorship Clause in Contracts

Operatorship. Within five (5) business days after Closing, Seller will send out notifications of its resignation as operator for all xxxxx Seller currently operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Seller as to the transferability or assignability of operatorship of such xxxxx but will encourage and support Buyer’s efforts to assume operatorship of the Subject Interests. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) business calendar days after the Closing, Seller will send out notifications of its resignation as operator for all xxxxx Xxxxx Seller or any of its affiliates currently operates operate and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Seller Buyer as to the transferability or assignability of operatorship of such xxxxx Xxxxx, but will encourage Seller shall cooperate with Buyer and support Buyer’s use its commercially reasonable efforts to assume cause operatorship of the Subject InterestsAssets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) business calendar days after the Closing, Seller will send out notifications of its resignation as operator for all xxxxx Wxxxx Seller or any of its affiliates currently operates operate and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Seller Buyer as to the transferability or assignability of operatorship of such xxxxx Wxxxx, but will encourage Seller shall cooperate with Buyer and support Buyer’s use its commercially reasonable efforts to assume cause operatorship of the Subject InterestsAssets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx wxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) business days Business Days after Closing, Seller Sellers will send out notifications of its resignation as operator for all xxxxx Seller Sellers currently operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Seller as to the transferability or assignability of operatorship of such xxxxx but will encourage and support Buyer’s efforts to assume operatorship of the Subject Interests. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) business days Business Days after Closing, Seller will send out notifications of its transfer or resignation as operator for all xxxxx Xxxxx Seller currently operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Seller Buyer as to the transferability or assignability of operatorship of such xxxxx but will encourage and support Buyer’s efforts to assume operatorship of the Subject InterestsXxxxx. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.