Common use of Sale Contracts Clause in Contracts

Sale Contracts. Except as set forth on Schedule 5.17 and except for (a) Contracts governing the sale of Hydrocarbons in the ordinary course terminable upon not more than sixty (60) days’ notice without penalty or liability, or (b) the disposition in the ordinary course of equipment no longer suitable for oil and gas field operations, there are no Material Contracts or options outstanding, in each case to which Seller is a party, for the sale, exchange or transfer of Seller’s interest in the Assets or any portion thereof.

Sale Contracts. Except as set forth on Schedule 5.17 and except for (a) Contracts governing the sale of Hydrocarbons in the ordinary course terminable upon not more than sixty (60) 60 days’ notice without penalty or liability, or (b) the disposition in the ordinary course of equipment no longer suitable for oil and gas field operations, there are no Material Contracts or options outstanding, in each case to which Seller is a party, for the sale, exchange or transfer of Seller’s interest in the Assets or any portion thereof.

Sale Contracts. Except as set forth on Schedule 5.17 and except for (a) Contracts governing the sale of Hydrocarbons listed on Schedule 5.7, (b) Contracts in the ordinary course that are terminable upon not more than sixty by Seller without penalty on ninety (6090) or fewer days’ written notice without penalty or liability, or (bc) the disposition in the ordinary course of equipment no longer suitable for oil and gas field operations, there are no Material Contracts contracts or options outstanding, in each case to which Seller is a party, outstanding for the sale, exchange or transfer of Seller’s interest in the Assets or any portion thereof.