Common use of Subrogation of Warranties Clause in Contracts

Subrogation of Warranties. To the extent transferable without consent of a third party, Seller will give and grant to Buyer, its successors and assigns, as to the Assets, full power and right of substitution and subrogation in and to all covenants and warranties (including warranties of title) by preceding owners, vendors, or others, given or made with respect to the Assets or any part thereof prior to the Closing Date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Bison Instruments Inc), Purchase and Sale Agreement (Bison Instruments Inc), Purchase and Sale Agreement (Bison Instruments Inc)

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Subrogation of Warranties. To the extent transferable without consent of a third partytransferable, Seller SELLER will give and grant to BuyerBUYER, its successors and assigns, as to the Assets, full power and right of substitution and subrogation in and to all covenants and warranties (including warranties of title) given or made with respect to the Property or any part thereof by preceding owners, vendors, or others, given or made with respect to the Assets excluding, however, SELLER or any part thereof prior to the Closing DateAffiliate of SELLER.

Appears in 1 contract

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

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Subrogation of Warranties. To the fullest extent transferable without consent of a third partyallowed by law and the applicable agreement with any Third Parties, and solely to the extent related to Buyer’s Assumed Obligations for which Buyer indemnifies Seller hereunder, Seller will give and grant to Buyer, its successors and assigns, as to the Assets, full power and right of substitution and subrogation in and to all covenants and warranties (including warranties of title) by preceding owners, vendors, or others, given or made with respect to the Assets Conveyed Interests or any part thereof prior to the Closing Datethereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carrizo Oil & Gas Inc)

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