Common use of Subsequent Operations Clause in Contracts

Subsequent Operations. Seller makes no representations or warranties to Buyer as to transferability or assignability of operatorship of any Properties that Seller currently operates. Rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the Properties and will be decided in accordance with the terms of such agreements.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Apache Corp), Partnership Interest and Share Purchase and Sale Agreement (Apache Corp)

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Subsequent Operations. Seller makes no representations or warranties to Buyer as to the transferability or assignability of operatorship of any Properties the Properties. Buyer acknowledges that Seller currently operates. Rights the rights and obligations associated with operatorship of the Properties are governed by operating the applicable agreement(s) and similar agreements covering that operatorship of the Properties and will shall be decided in accordance with the terms of such agreementssaid agreement(s); provided, however, Seller agrees to provide reasonable assistance to Buyer (at no expense to Seller) in connection with Buyer’s effort to be designated as operator of the Properties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Southwestern Energy Co), Purchase and Sale Agreement (Parallel Petroleum Corp)

Subsequent Operations. Buyer acknowledges that (i) Seller makes no representations or warranties to Buyer as to transferability or assignability of operatorship of any Properties that Seller currently operates. Rights and (ii) rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the Properties and will be decided in accordance with the terms of such agreements.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

Subsequent Operations. Seller makes no representations or warranties to Buyer as to transferability or assignability of or succession to operatorship of any Properties that Seller currently operatesby Buyer. Rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the Properties and will be decided in accordance with the terms of such agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Stone Energy Corp)

Subsequent Operations. Seller makes no representations or warranties to Buyer as to transferability or assignability of change in operatorship of any Properties that Seller currently operatesProperties. Rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the Properties and will be decided in accordance with the terms of such agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Callon Petroleum Co)

Subsequent Operations. Seller makes no representations or warranties to Buyer as to the transferability or assignability of operatorship of any Properties the Properties. Buyer acknowledges that Seller currently operates. Rights the rights and obligations associated with operatorship of the Properties are governed by operating the applicable agreement(s) and similar agreements covering that operatorship of the Properties and will shall be decided in accordance with the terms of such agreementssaid agreement(s); provided, however, Seller agrees to provide reasonable assistance to Buyer (at no expense to Seller) in connection with Buyer's effort to be designated as operator of the Properties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bellwether Exploration Co)

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Subsequent Operations. Seller makes no representations or warranties to Buyer Purchaser as to transferability transferability, assignability or assignability of succession to operatorship by Purchaser of any Properties of the Properties, including any of the Seller-operated Properties. Purchaser acknowledges that Seller currently operates. Rights the rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the operatorship of such Properties and will be decided in accordance with the terms of such agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

Subsequent Operations. Seller makes Sellers make no representations or warranties to Buyer as to the transferability or assignability of operatorship of any Properties the Properties. Buyer acknowledges that Seller currently operates. Rights the rights and obligations associated with operatorship of the Properties are governed by operating the applicable agreement(s) and similar agreements covering that operatorship of the Properties and will shall be decided in accordance with the terms of such agreementssaid agreement(s); provided, however, Sellers agree to provide reasonable assistance to Buyer (at no expense to Sellers) in connection with Buyer's effort to be designated as operator of the Properties.

Appears in 1 contract

Samples: Participation Agreement (Baron Energy Inc.)

Subsequent Operations. Seller makes no representations or warranties to Buyer as to transferability or assignability of operatorship of any Properties that Seller currently operates. Rights and obligations associated with operatorship of the Properties are governed by operating and similar agreements covering the Properties and will be decided in accordance with the terms of such agreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apache Corp)

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