Performance of Gas Contracts. Mortgagor will perform and observe in all material respects all of its obligations under each contract relating to the sale of gas produced from or attributable to the Mortgaged Property and will not, except in good faith and as the result of arm's length negotiations and with prior written notice to Mortgagee, change, modify, amend or waive any of the terms or provisions of any such contract or take any other action which would release any other party from its obligations or liabilities under any such contract.
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Samples: Mortgage and Security Agreement (Primeenergy Corp), Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Fortune Natural Resources Corp), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Primeenergy Corp)
Performance of Gas Contracts. Mortgagor will perform and observe in all material respects all of its obligations under each contract relating to the sale of gas produced from or attributable to the Mortgaged Property and will not, except in good faith and as the result of arm's length negotiations and with prior written notice to Mortgagee, change, modify, amend or waive any of the material terms or provisions of any such contract or take any other action which would release any other party from its obligations or liabilities under any such contract.
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Performance of Gas Contracts. The Mortgagor will perform and observe in all material respects all of its obligations under each contract relating to the sale of gas produced from or attributable to the Mortgaged Property and will not, except in good faith and as the result of arm's length negotiations and with prior written notice to the Mortgagee, change, modify, amend or waive any of the terms or provisions of any such contract or take any other action which would release any other party from its obligations or liabilities under any such contract.
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