Common use of PROPERTY BEING SOLD Clause in Contracts

PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, and Buyer agrees to purchase and accept, the Subject Property for the Purchase Price as hereinafter set forth. Except as set forth in Section 1(b) below, the term “Subject Property” shall mean:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Lucas Energy, Inc.), Purchase and Sale Agreement (Lucas Energy, Inc.), Purchase and Sale Agreement (Lucas Energy, Inc.)

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PROPERTY BEING SOLD. Subject to the terms and conditions of set forth in this Agreement, Seller agrees to sell and convey, and Buyer agrees to purchase and accept, the Subject Property for the Purchase Price as hereinafter set forth. Except as set forth in Section 1(b) Article IV, below, the . The term “Subject Property” shall mean:

Appears in 2 contracts

Samples: Working Interest Purchase and Sale Agreement (Cardinal Energy Group, Inc.), Leasehold Purchase and Sale Agreement (Cardinal Energy Group, Inc.)

PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, convey and Buyer agrees to purchase and accept, accept the Subject Property for the Purchase Price as hereinafter set forthdefined hereinafter. Except as set forth in Section 1(b) below, the The term “Subject Property” or, where the context so requires, “Subject Properties,” shall mean:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)

PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, convey and Buyer agrees to purchase and accept, accept the Subject Property for the Purchase Price as hereinafter set forthdefined hereinafter. Except as set forth in Section 1(b) below, the term "Subject Property" or, where the context so requires, "Subject Properties," shall mean:

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Frontier Energy Inc)

PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, convey and Buyer agrees to purchase and accept, accept the Subject Property for the Purchase Price as hereinafter set forthdefined hereinafter. Except as set forth in Section 1(b) below, the The term "Subject Property" or, where the context so requires, "Subject Properties," shall mean:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)

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PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, convey and Buyer agrees to purchase and accept, accept the Subject Property for the Purchase Price as hereinafter set forthdefined hereinafter. Except as set forth in Section 1(b) below, the term “The "Subject Property" shall meaninclude the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (United States Exploration Inc)

PROPERTY BEING SOLD. Subject to the terms and conditions of set forth in this Agreement, Seller agrees to sell and convey, and Buyer agrees to purchase and accept, the Subject Property for the Purchase Price as hereinafter set forth. Except as set forth in Section 1(b) Article IV, below, the . The term “Subject Property” shall mean:;

Appears in 1 contract

Samples: Working Interest Purchase and Sale Agreement (Cardinal Energy Group, Inc.)

PROPERTY BEING SOLD. Subject to the terms and conditions of this Agreement, Seller agrees to sell and convey, convey and Buyer agrees to purchase and accept, accept the Subject Property for the Purchase Price as hereinafter set forthdefined hereinafter. Except as set forth in Section 1(b) below, the term “Subject Property” or, where the context so requires, “Subject Properties,” shall mean:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oasis Petroleum Inc.)

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