Common use of Selection of Operator Clause in Contracts

Selection of Operator. Seller may poll the parties to any applicable --------------------- operating agreement or plan of unitization before Closing to select a successor Operator. The poll may stipulate that the parties' selection of a successor Operator will not be effective unless Closing occurs. If Seller does not poll, then Buyer will do so. Buyer's selection as Operator is not a condition to Buyer's obligation to perform under this Agreement;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Petroleum Development Corp)

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Selection of Operator. Seller may poll the parties to any applicable --------------------- operating agreement or plan of unitization before Closing to select a successor Operator. The poll may stipulate that the parties' selection of a successor Operator will not be effective unless Closing occurs. If Seller does not poll, then Buyer will do so. Buyer's selection as Operator is not a condition to Buyer's obligation to perform performance of its obligations under this Agreement;.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Quest Resource Corp)

Selection of Operator. Seller may poll will cooperate with Buyer concerning the polling of parties to under any applicable --------------------- operating agreement or plan of unitization before Closing to select a successor Operatoroperator. The poll may stipulate that the parties' selection of a successor Operator operator will not be effective unless Closing occurs. If Seller does not poll, then Buyer will do so. Buyer's ’s selection as Operator operator is not a condition to Buyer's obligation to perform ’s performance of its obligations under this Agreement;.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Houston Exploration Co)

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Selection of Operator. Seller may poll will cooperate with Buyer concerning the polling of parties to under any applicable --------------------- operating agreement or plan of unitization before Closing to select a successor Operatoroperator. The poll may stipulate that the parties' selection of a successor Operator operator will not be effective unless Closing occurs. If Seller does not poll, then Buyer will do so. Buyer's ’s selection as Operator operator is not a condition to Buyer's obligation to perform ’s performance of its obligations under this Agreement;. Seller makes no representation that Buyer will be elected or appointed operator of any property included within the Properties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Petrohawk Energy Corp)

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