Sale and Purchase of the Properties. Subject to the terms and conditions ----------------------------------- and for the consideration herein set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Seller at Closing, but effective as of 8:00 a.m. at the location of each of the Gas Properties on November 1, 2003 (the "Effective Date"), all of the interest of Seller in and to the following properties, other than the Excluded Assets ("Proper-ties"):
Sale and Purchase of the Properties. Subject to the terms and conditions and for the consideration herein set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Sellers agree to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Sellers at Closing, effective as of 7:00 a.m. at the location of each of the Oil and Gas Properties on January 1, 2006 (such time and date is referred to herein as the “Effective Time”), all of the interest of Sellers in and to the properties described in Sections 1.1.1 through 1.1.9 as such properties exist on the Effective Time, other than the Excluded Assets (as defined below) (the “Properties”):
Sale and Purchase of the Properties. Subject to the terms and conditions and for the consideration herein set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Seller at Closing, effective as of 7:00 a.m. at the location of each of the Wellbores on January 1, 2008 (the “Effective Time”), the properties and interests described in Sections 1.1 through 1.8 (collectively, the “Properties”):
Sale and Purchase of the Properties. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (as hereinafter defined), but effective as of August 1, 2000, (the "Effective Date"), 8.16327% of Seller's 12.25% right, title and interest, it being the intent to convey 1.0% working interest to Buyer. The net revenues being acquired are set out on Exhibit "B" attached hereto and made a part hereof.
Sale and Purchase of the Properties. (a) Subject to the terms of this Agreement, Seller agrees to direct RAR or itself will direct (for Assets conveyed immediately after the Merger Closing) the Applicable Parties to sell, assign and convey unto Purchaser, and Purchaser agrees to purchase, assume and accept, the Assets from RAR or the Applicable Parties.
(b) The closing of the sale of the Assets (the “Closing”) shall be held on the Business Day of the Merger Closing, but immediately prior to the Merger Closing (the “Closing Date”); provided, however, that Purchaser at least two (2) Business Days prior to Closing may designate certain Assets that shall close in a contemporaneous transaction on the Business Day of but immediately after the Merger Closing. TIME BEING OF THE ESSENCE with respect to the performance by Purchaser of its obligations to purchase the Assets and pay the Purchase Price as provided in this Agreement on the Closing Date.
Sale and Purchase of the Properties. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (as hereinafter defined), but effective as of May 1, 1999, (the "Effective Date"), Fifty Percent (50%) of Seller's right, title and interest, that Seller acquired from EXCO Resources, Inc. under Purchase and Sale Agreement dated May 24, 1999.
Sale and Purchase of the Properties. (a) Upon each exercise of the Option by Buyer, Seller shall sell the Designated Properties to Buyer and Buyer shall purchase the Designated Properties from Seller in the manner and upon the terms and conditions set forth in this Option Agreement.
(b) Buyer's decision to exercise the Option and to purchase some or all of the Properties shall not be deemed a waiver of any breach of representation, warranty or covenant of any of the parties hereto or, upon execution, in the Facilities Purchase Agreement and the parties shall retain all rights and remedies with respect thereto.
Sale and Purchase of the Properties. On the Closing Date, but effective as of the Effective Time, and upon the terms and conditions set forth in this Agreement: (a) Seller shall sell, assign and convey to Purchaser, and Purchaser shall purchase and accept from Seller, the Properties; provided, however, that the Properties shall not include any of the Excluded Properties and Seller expressly excepts, reserves and retains, unto itself, its Affiliates, successors and assigns, the Excluded Properties; and (b) Purchaser shall assume the Assumed Obligations.
Sale and Purchase of the Properties. Subject to the terms and conditions and for the consideration herein set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Sellers agree to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Sellers at Closing, effective as of 12:01 a.m. at the location of each of the Oil and Gas Properties on September 1, 2007 (the “Effective Date”), all of the interest of Sellers in and to the properties described in Sections 1.1.1 through 1.1.9 as they exist on the Effective Date (the “Properties”):
Sale and Purchase of the Properties. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Seller, at the Closing (as hereinafter defined), but effective as of 12:01 A.M. on January 1, 2003 (the "Effective Date"), all of the interest of Seller (which represents 100% of Seller's working interest, net revenue interest, and overriding royalty interest, if applicable, in each property) set forth on Exhibits "A" ("xxxxx"
