Common use of Reversions Clause in Contracts

Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” or Exhibit “B” or not reflected in any materials received by Buyer prior to the date hereof.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.), Purchase and Sale Agreement (Dynamic Offshore Resources, Inc.)

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Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” or Exhibit “BC” or not reflected in any materials received by Buyer prior to the date hereof.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Mid-Con Energy Partners, LP)

Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” or Exhibit “BC” or not reflected in any materials received by Buyer prior to the date hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Samson Holdings, Inc.)

Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” or Exhibit “B” or not reflected in any materials received by Buyer prior to the date hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Three Rivers Operating Co Inc.)

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Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” or Exhibit “B” or not reflected in any materials received by Buyer prior to the date hereofC”.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Reversions. An Asset is subject to reduction by the exercise by a third-party of a reversionary, back-in, or other similar right not reflected on Exhibit “A” C”, or an Asset that Seller is obligated to convey to any third party other than Buyer that is not reflected on Exhibit “B” or not reflected in any materials received by Buyer prior to the date hereofC”.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

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