Common use of Preferential Purchase Rights; Required Consents Clause in Contracts

Preferential Purchase Rights; Required Consents. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller shall provide any required notifications of a preferential purchase right, right of first refusal or other agreement which gives a Third Party a right to purchase a Real Property Interest or Well (or any part thereof) (“PPR”), requesting waivers thereof, in connection with the transactions contemplated hereby and otherwise in material compliance with the contractual provisions applicable to such PPR. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller will send letters seeking (a) the SUSA consents, agreements and waivers described in Sections 6.4 and 7.5 and (b) all applicable Required Consents, excluding Customary Post-Closing Consents. The Seller will thereafter use commercially reasonable efforts (at no cost to the Seller) to ensure PURCHASE AND SALE AGREEMENT 24 that all such waivers and consents are promptly granted, and after Closing, the Buyer will reasonably assist the Seller in obtaining any remaining waivers and consents.

Preferential Purchase Rights; Required Consents. Within ten seven (107) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, CALLC shall use the Seller shall provide Allocated Values to provide, on behalf of the Sellers, any required notifications of a preferential purchase right, right of first refusal or other agreement which gives a Third Party a right to purchase a Real Property Interest or Well (or any part thereof), including (without limitation) the PPRs set forth on Schedule “3.12” (“PPR”), requesting waivers thereofthereof in accordance with the terms of such PPR, in connection with the transactions contemplated hereby and otherwise in material compliance with the contractual provisions applicable to such PPRhereby. Within ten seven (107) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller CALLC will send letters (in accordance with the terms of such consent) seeking (a) the SUSA consents, agreements and waivers described in Sections 6.4 and 7.5 and (b) all applicable consents including Required Consents, including (without limitation) those set forth on Schedule “3.12”, but excluding Customary Post-Closing Consents. The Seller Sellers will thereafter use commercially reasonable efforts (at no cost to the SellerSellers) to ensure PURCHASE AND SALE AGREEMENT 24 that all such waivers and consents are promptly granted, and after Closing, the Buyer will reasonably assist the Seller Sellers in obtaining any remaining waivers and consents.

Preferential Purchase Rights; Required Consents. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller Sellers shall use the Allocated Values to provide any required notifications of a preferential purchase right, right of first refusal or other agreement which gives a Third Party third party a right to purchase a Real Property Interest or Well (or any part thereof) (“PPR”), requesting waivers thereof, in connection with the transactions contemplated hereby (including with respect to the assignment of any of the Properties to a Buyer Designee) and otherwise shall send notice letters to each holder of a PPR in material compliance accordance with the contractual provisions applicable to terms of such PPR. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller will Sellers shall send letters seeking (a) the SUSA all consents, agreements and waivers described in Sections 6.4 and 7.5 and (b) all applicable including Required Consents, that are applicable to the transactions contemplated hereby, including the assignment of the Properties by the Sellers to the Buyer (and the Buyer Designee) PURCHASE AND SALE AGREEMENT -24- but excluding Customary Post-Closing Consents. The Seller will Sellers shall thereafter use their commercially reasonable efforts (at no cost to the Seller) to ensure PURCHASE AND SALE AGREEMENT 24 that all such waivers and consents Required Consents are promptly granted, and after Closing, the Buyer will reasonably assist the Seller in obtaining any may provide reasonable assistance to Sellers to ensure that remaining waivers and consentsRequired Consents are promptly granted.

Preferential Purchase Rights; Required Consents. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, CELLC shall use the Seller shall Allocated Values to provide any required notifications of a preferential purchase right, right of first refusal or other agreement which gives a Third Party third party a right to purchase a Real Property Interest or Well (or any part thereof) (“PPR”), in compliance with the contractual provisions applicable to such PPR requesting waivers thereof, in connection with the transactions contemplated hereby and otherwise in material compliance with the contractual provisions applicable to such PPRhereby. Within ten (10) Business Days (two (2) Business Days in the case of SUSA) after the Execution Date, the Seller will CELLC shall send letters seeking (a) the SUSA consents, agreements and waivers described in Sections 6.4 and 7.5 and (b) all applicable Required ConsentsConsents and other consents to assignment pertaining to the Properties and the transactions contemplated hereby, excluding any Customary Post-Post- Closing Consents. The Seller will Sellers shall thereafter use their commercially reasonable efforts (at no cost to the SellerSellers other than the preparation of relevant notices and waivers) to ensure PURCHASE AND SALE AGREEMENT 24 that all such waivers and consents Required Consents are promptly granted, and after Closing, the Buyer will reasonably assist the Seller in obtaining any may provide reasonable assistance to Sellers to ensure that remaining waivers and consentsRequired Consents are promptly granted.