Common use of SELLER OPERATED PROPERTIES Clause in Contracts

SELLER OPERATED PROPERTIES. It is expressly understood and agreed that Seller shall not be obligated to continue operating any of the Assets following the Closing Date and Buyer hereby assumes full responsibility for operating (or causing the operation of) all Assets following the Closing Date.

Appears in 4 contracts

Samples: Agreement for Purchase and Sale (Evergreen Resources Inc), Agreement for Purchase and Sale (Kansas City Power & Light Co), Agreement for Purchase and Sale (Kansas City Power & Light Co)

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