Plugging and Abandonment Obligations. Seller has complied, to the extent compliance is required or appropriate as of the Effective Time, with all plugging and abandonment obligations associated with Wxxxx in which it owns an interest, including plugging, abandonment, surface restoration, site clearance and disposal related waste materials, in compliance with all applicable contractual obligations and applicable rules and regulations of governmental entities having jurisdiction.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Rio Vista Energy Partners Lp), Asset Purchase Agreement (Penn Octane Corp), Asset Purchase Agreement (Penn Octane Corp)
Plugging and Abandonment Obligations. Seller To Seller’s knowledge, except as set forth on Schedule 3.1(p) it has complied, to the extent compliance is required or appropriate as of the Effective TimeDate, with all plugging and abandonment obligations associated with Wxxxx in which it owns an interest, including plugging, abandonment, surface restoration, site clearance and disposal related waste materials, in compliance with all applicable contractual obligations and applicable rules and regulations of governmental entities Governmental Entities having jurisdiction.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Petroquest Energy Inc)
