Satisfaction of Conditions and Closing Date. Within five (5) Working Days of the date on which all of the Conditions have been satisfied or waived, the closing of the transfer of the Farmout Interest shall occur at a location to be agreed between the Parties (the date of such closing being the “Closing Date”). At the Closing Date: (i) the Parties shall execute the Deed of Transfer; and (ii) the Farmee shall make the payments of the Farm-in Fee.
Appears in 3 contracts
Samples: Farmout Agreement, Farmout Agreement (ERHC Energy Inc), Farmout Agreement (ERHC Energy Inc)
Satisfaction of Conditions and Closing Date. Within five (5) Working Days of the date on which all of the Conditions have been satisfied or waived, the closing of the transfer of the Farmout Interest shall occur at a location to be agreed between the Parties (the date of such closing being the “Closing Date”). At the Closing Date:
(i) the Parties shall execute the Deed of Transfer; and
(ii) the Farmee shall make the payments of the Farm-in Fee.
Appears in 1 contract
Samples: Farmout Agreement
