Common use of Performance Bonds; Letters of Credit Clause in Contracts

Performance Bonds; Letters of Credit. There are no performance or similar bonds or letters of credit currently posted by the Companies or any of their Affiliates for the purpose of operating the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dailey Petroleum Services Corp)

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Performance Bonds; Letters of Credit. There are no performance or similar bonds or letters of credit currently posted by the Companies Seller or any of their its Affiliates for the purpose of owning, operating or maintaining any of the AssetsCompany's assets.

Appears in 1 contract

Samples: Share Purchase Agreement (Unit Corp)

Performance Bonds; Letters of Credit. There are no performance or similar bonds or letters of credit currently posted by the Companies Seller or any of their its Affiliates for the purpose of owning, operating or maintaining the Purchased Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Unit Corp)

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Performance Bonds; Letters of Credit. There are no performance or similar bonds or letters of credit currently posted by the Companies Seller or any of their its Affiliates for the purpose of owning, operating or maintaining any of the AssetsCompany' Property.

Appears in 1 contract

Samples: Stock Purchase Agreement (Unit Corp)

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