Properties Not Operated by Grantor. Anything in this Section 2.2 to the contrary notwithstanding, Grantor, with respect to those Subject Interests which are operated by operators other than Grantor, shall not be obligated itself to perform undertakings performable only by such operators and which are beyond the control of Grantor. In each such case, however, Grantor will promptly take all actions available to it, under applicable operating arrangements or otherwise, to bring about the performance of any such undertakings required to be performed by such operators.
Appears in 7 contracts
Samples: Subordinate Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.), Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.), Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Baron Energy Inc.)
Properties Not Operated by Grantor. Anything in this Section 2.2 to the contrary notwithstanding, Grantor, with respect to those Subject Interests which are operated by operators other than Grantor, shall not be obligated itself to perform undertakings performable only by such operators and which are beyond the control of Grantor. In each such case, however, Grantor will promptly take all actions available to it, under applicable operating arrangements or otherwise, use such commercially reasonable efforts to bring about the performance of any such undertakings required to be performed by such operators.
Appears in 2 contracts
Samples: Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Primeenergy Corp), Deed of Trust, Mortgage, Security Agreement, Assignment of Production and Financing Statement (Primeenergy Corp)
Properties Not Operated by Grantor. Anything in this Section 2.2 to the contrary notwithstanding, Grantor, with respect to those Subject Interests which are operated by operators other than Grantor, shall not be obligated itself to perform undertakings performable only by such operators and which are beyond the control of Grantor. In , in each such case, however, Grantor will promptly take all actions available to it, under applicable operating arrangements or otherwise, to bring about the performance of any such undertakings required to be performed by such operators.
Appears in 1 contract
