Common use of Removal of Signs Clause in Contracts

Removal of Signs. Seller shall have the option to remove Seller’s name and signs from the Seller-operated Assets or to require Buyer to do so. Buyer hereby grants Seller a right of access after Closing to such Assets to remove Seller’s signs and name from the Assets, or to confirm that Buyer has done so. If Seller’s signs or name remain on the Assets after Closing, Buyer shall promptly, but no later than required by applicable rules and regulations or thirty (30) days thereafter, whichever is earlier, remove any remaining signs and references to Seller and shall erect or install all signs complying with any applicable governmental rules and regulations, including, but not limited to, those showing the Buyer as operator of the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Goodrich Petroleum Corp)

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Removal of Signs. Seller shall have the option to remove Seller’s name and signs from the Seller-operated Assets or to require Buyer to do soso after Closing. Buyer hereby grants Seller a right of access after Closing Closing, upon reasonable prior written notice to Buyer, at Seller’s sole cost, expense and liability, to such Assets to remove Seller’s signs and name names from the Assets, or to confirm that Buyer has done soso after Closing. If Seller’s signs or name remain on the Assets after Closing, Buyer shall promptly, but no later than required by applicable rules and regulations or thirty (30) days thereafter, whichever is earlier, remove any remaining signs and references to Seller and shall erect or install all signs complying with any applicable governmental rules and regulations, including, but not limited to, those showing the Buyer as operator of the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Halcon Resources Corp)

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Removal of Signs. Seller shall have the option to remove ---------------- Seller’s 's name and signs from the Seller-operated Assets Interests or to require Buyer to do so. Buyer hereby grants Seller a right of access after Closing to such Assets Interests to remove Seller’s 's signs and name from the AssetsInterests, or to confirm that Buyer has done so. If Seller’s 's signs or name remain on the Assets Interests after Closing, Buyer shall promptly, but no later than required by applicable rules and regulations or thirty forty- five (3045) days thereafter, whichever is earlier, remove any remaining signs and references to Seller and shall erect or install all signs complying with any applicable governmental rules and regulations, including, but not limited to, those showing the Buyer as operator of the AssetsInterests.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Maynard Oil Co)

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