Common use of Selection of Operator Clause in Contracts

Selection of Operator. Seller will cooperate with Buyer concerning the polling of parties under 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 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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Selection of Operator. Seller will cooperate with Buyer concerning may poll the polling of parties under to 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 performance of its obligations 's obligation to perform 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 (Petroleum Development Corp)

Selection of Operator. Seller will cooperate with Buyer concerning the polling of parties under 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 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 (Houston Exploration Co)

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Selection of Operator. Seller will cooperate with Buyer concerning may poll the polling of parties under to 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 '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 (Quest Resource Corp)

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