Common use of Subrogation of Warranties Clause in Contracts

Subrogation of Warranties. Seller shall grant to Buyer and/or its designated affiliate, its successors and assigns, full power and right of substitution and subrogation in and to all covenants, indemnities and warranties (including warranties of title) given or made by preceding owners, vendors or others with respect to the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Diamondback Energy, Inc.)

AutoNDA by SimpleDocs

Subrogation of Warranties. Seller Sellers shall grant to Buyer and/or its designated affiliateBuyer, its successors and assigns, full power and right of substitution and subrogation in and to all covenants, indemnities and warranties (including warranties of title) given or made by preceding owners, vendors vendors, or others with respect to the Assets.

Appears in 2 contracts

Samples: Lease Acquisition Agreement, Lease Acquisition Agreement (GMX Resources Inc)

AutoNDA by SimpleDocs

Subrogation of Warranties. Seller To the extent transferable, Sellers shall grant to Buyer and/or its designated affiliateBuyer, its successors and assigns, full power and right of substitution and subrogation in and to all covenants, indemnities and warranties (including warranties of title) given or made by preceding owners, vendors vendors, or others with respect to the AssetsProperties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Doral Energy Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.