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

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