Preferential Purchase Rights and Consents to Assign. (a) The provisions of this Section 11.4 shall apply to agreements relating to the Properties which enable or may enable a Third Party to purchase a Property or any part thereof, as a result of the sale of such Property or portion thereof to Buyer (such rights hereafter referred to as “Preference Rights”). Buyer is purchasing the Properties subject to all Preference Rights.
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Samples: Purchase and Sale Agreement (Houston Exploration Co), Purchase and Sale Agreement (Houston Exploration Co)
Preferential Purchase Rights and Consents to Assign. (a) The provisions of this Section 11.4 12.5 shall apply to agreements relating preferential rights to purchase set forth on Schedule 4.9 that are validly exercisable as a result of the sale of the Properties which enable or may contemplated hereby and that enable a Third Party to purchase a Property or any part thereof, as a result of the such sale of such Property Properties (or portion thereof thereof) to Buyer (such rights hereafter referred to as “Preference Rights”). Buyer is purchasing the Properties subject to all Preference Rights.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (W&t Offshore Inc), Purchase and Sale Agreement (Callon Petroleum Co)
Preferential Purchase Rights and Consents to Assign. (a) The provisions of this Section 11.4 13.3 shall apply to agreements relating to the Properties which enable or may enable a Third Party to purchase a Property or any part thereof, as a result of the sale of such Property or portion thereof to Buyer (such rights hereafter referred to as “Preference Rights”). Except as set forth in this Section 13.3, Buyer is purchasing the Properties subject to all Preference Rights.
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