Common use of Qualified Owner Clause in Contracts

Qualified Owner. The consummation of the transactions contemplated --------------- hereby will not cause Buyer or the Company to be disqualified as an owner of any federal or state oil, gas and mineral lease or to exceed any acreage limitation imposed by any statute, rule, regulation or order of governmental authority.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Carbon Energy Corp), Stock Purchase Agreement (Cec Resources LTD)

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Qualified Owner. The consummation of the transactions contemplated --------------- hereby will not cause Buyer or the Company to be disqualified as an owner of any federal or state oil, gas and mineral lease or to exceed any acreage limitation imposed by any statute, rule, regulation or order of governmental authority.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Carbon Energy Corp)

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Qualified Owner. The consummation of the transactions contemplated --------------- hereby will not cause Buyer or the Company to be disqualified as an owner of any federal or state oil, gas and mineral lease or to exceed any acreage limitation imposed by any statute, rule, regulation or order of governmental authority.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mesa Inc)

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