Common use of Other Purchase and Sale Agreements Clause in Contracts

Other Purchase and Sale Agreements. Purchaser has tendered purchase and sale agreements, dated on or about the date hereof, to other parties, all of whom are named in Exhibit "C" attached hereto. Such other agreements may cover the interest, if any, of such other parties in the Leases and Property covered by this Agreement, and may cover other oil and gas properties which are not the subject of this Agreement. Purchase and Seller agree that the Closing under this Agreement shall be simultaneous with the closings under such other agreements, and that Closing under this Agreement shall be conditional upon closing occurring under such other agreements. Seller does not claim any interest in and to the oil and gas leases and other property which are the PURCHASE AND SALE AGREEMENT - PAGE 13 77 subject of such other purchase and sale agreements, and which are not the subject of this Agreement. In the event Seller may have any claim or interest in and to the oil and gas leases and other property which are the subject of such other purchase and sale agreements, and which are not the subject of this Agreement, then, for the consideration herein, Seller agrees to sell and convey to Purchaser all of Seller's interest in and to the oil and gas leases and other property and interests which are the subject of the other purchase and sale agreements, above described.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Queen Sand Resources Inc)

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Other Purchase and Sale Agreements. Purchaser has tendered purchase and sale agreements, dated on or about the date hereof, to other parties, all of whom are named in Exhibit "C" attached hereto. Such other agreements may cover the interest, if any, of such other parties in the Leases and Property covered by this Agreement, and may cover other oil and gas properties which are not the subject of this Agreement. Purchase and Seller agree that the Closing under this PURCHASE AND SALE AGREEMENT - PAGE 13 185 Agreement shall be simultaneous with the closings under such other agreements, and that Closing under this Agreement shall be conditional upon closing occurring under such other agreements. Seller does not claim any interest in and to the oil and gas leases and other property which are the PURCHASE AND SALE AGREEMENT - PAGE 13 77 subject of such other purchase and sale agreements, and which are not the subject of this Agreement. In the event Seller may have any claim or interest in and to the oil and gas leases and other property which are the subject of such other purchase and sale agreements, and which are not the subject of this Agreement, then, for the consideration herein, Seller agrees to sell and convey to Purchaser all of Seller's interest in and to the oil and gas leases and other property and interests which are the subject of the other purchase and sale agreements, above described.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Queen Sand Resources Inc)

Other Purchase and Sale Agreements. Purchaser has tendered purchase and sale agreements, dated on or about the date hereof, to other parties, all of whom are named in Exhibit "C" attached hereto. Such other agreements may cover the interest, if any, of such other parties in the Leases and Property covered by this Agreement, and may cover other oil and gas properties which are not the subject of this Agreement. Purchase and Seller agree that the Closing under this Agreement shall be simultaneous with the closings under such other agreements, and that Closing under this Agreement shall be conditional upon closing occurring under such other agreements. Seller does not claim any interest in and to the oil and gas leases and other property which are the PURCHASE AND SALE AGREEMENT - PAGE 13 77 110 subject of such other purchase and sale agreements, and which are not the subject of this Agreement. In the event Seller may have any claim or interest in and to the oil and gas leases and other property which are the subject of such other purchase and sale agreements, and which are not the subject of this Agreement, then, for the consideration herein, Seller agrees to sell and convey to Purchaser all of Seller's interest in and to the oil and gas leases and other property and interests which are the subject of the other purchase and sale agreements, above described.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Queen Sand Resources Inc)

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Other Purchase and Sale Agreements. Purchaser has tendered purchase and sale agreements, dated on or about the date hereof, to other parties, all of whom are named in Exhibit "C" attached hereto. Such other agreements may cover the interest, if any, of such other parties in the Leases and Property covered by this Agreement, and may cover other oil and gas properties which are not the subject of this Agreement. Purchase and Seller agree that the Closing under this Agreement shall be simultaneous with the closings under such other agreements, and that Closing under this Agreement shall be conditional upon closing occurring under such other agreements. Seller does not claim any interest in and to the oil and gas leases and other property which are the PURCHASE AND SALE AGREEMENT - PAGE 13 77 subject of such other purchase and sale agreements, and which are not the subject of this Agreement. In the event Seller may have any claim or interest in and to the oil and gas leases and other property which are the subject of such other purchase and sale agreements, and which are not the subject of this Agreement, then, for the consideration herein, Seller agrees to sell and convey to Purchaser all of Seller's interest in and to the oil and gas leases and other property and interests which are the subject of the other purchase and sale agreements, above described.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Queen Sand Resources Inc)

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