Common use of Replacement Bonds and Instruments Clause in Contracts

Replacement Bonds and Instruments. At Closing or as soon as practical thereafter, Buyer shall provide replacement instruments for each bond or similar contingent obligation given by Seller securing its, or its contract operator's, obligations relating to the Assets, set forth on Exhibit K (collectively, the "Instruments"). As soon as practical after Closing, Buyer (with reasonable assistance of Seller as requested by Buyer) shall use its best efforts to obtain the release of the Assets and/or Seller from the Instruments.

Replacement Bonds and Instruments. At Closing or as soon as practical thereafter, Buyer shall provide replacement instruments for each bond or similar contingent obligation given by Seller securing its, or its contract operator's’s, obligations relating to the Assets, set forth on Exhibit K (collectively, the "Instruments"). As soon as practical after Closing, Buyer (with reasonable assistance of Seller as requested by Buyer) shall use its best efforts to obtain the release of the Assets and/or Seller from the Instruments.

Replacement Bonds and Instruments. At Closing or as soon as practical thereafterClosing, Buyer shall provide replacement instruments for each bond or similar contingent obligation given by Seller securing its, or its contract operator's, obligations relating to the Assets, set forth on Exhibit K Assets (collectively, the "Instruments"). As soon as practical after Closing, Buyer (with reasonable assistance of Seller as requested by Buyer) shall use its best efforts to obtain the release of the Assets and/or Seller from the Instruments.