Payment to ExxonMobil. At Closing, Buyer will pay ExxonMobil the net amount shown on the closing settlement statement by certified check, cashier’s check, or funds transfer as that term is defined in Chapter 4 of the Texas Business and Commerce Code. This amount is subject to further adjustment after Closing as provided in this Agreement. Notwithstanding any other provision of this Agreement, Buyer must make payment by the specific means stated, or ExxonMobil may refuse to proceed with Closing until ExxonMobil, in its sole discretion, is satisfied that it has received full payment. This right is in addition to all other rights and remedies ExxonMobil may have under this Agreement, at law, or in equity.
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Samples: Purchase and Sale Agreement (Resolute Energy Partners, LP), Purchase and Sale Agreement (Resolute Energy Corp)
Payment to ExxonMobil. At Closing, Buyer will pay ExxonMobil the net amount shown on the closing settlement statement Closing Settlement Statement by certified check, cashier’s check, or funds transfer as that term is defined in Chapter 4 of the Texas Business and Commerce Code. This amount is subject to further adjustment after Closing as provided in this Agreement. Notwithstanding any other provision of this Agreement, Buyer must make payment by the specific means stated, or ExxonMobil may refuse to proceed with Closing until ExxonMobil, in its sole discretion, is satisfied that it has received full payment. This right is in addition to all other rights and remedies ExxonMobil may have under this Agreement, at law, or in equity.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Energy Xxi (Bermuda) LTD)
Payment to ExxonMobil. At Closing, Buyer will pay ExxonMobil the net amount shown on the closing settlement statement Closing Settlement Statement by certified check, cashier’s check, or funds transfer as that term is defined in Chapter 4 of the Texas Business and Commerce Code. This amount is subject to further adjustment after Closing as provided in this Agreement. Notwithstanding any other provision of this Agreement, Buyer must make payment by the specific means stated, or ExxonMobil may refuse to proceed with Closing until ExxonMobil, in its sole discretion, is satisfied that it has received full payment. This right is in addition to all other rights and remedies ExxonMobil may have under this Agreement, at law, or in equity.
Appears in 1 contract
