Common use of Substitution and Subrogation Clause in Contracts

Substitution and Subrogation. To the extent possible, Vendor shall convey the Assets to Purchaser with full right of substitution and subrogation of Purchaser in and to all covenants, representations and warranties by others heretofore given or made in respect of the Assets or any part thereof.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Barnwell Industries Inc), Execution Version (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc)

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Substitution and Subrogation. To the extent that the same is possible, the Vendor shall convey the Assets to the Purchaser with full right of substitution and subrogation of the Purchaser in and to all covenants, representations and warranties by others heretofore given or made in respect of the Assets or any part thereof.

Appears in 2 contracts

Samples: Sale and Conveyance Agreement (Nuway Energy Inc), Sale and Conveyance Agreement (Nuway Energy Inc)

Substitution and Subrogation. To the extent possibleOn a best efforts basis, Vendor shall convey the Assets to Purchaser with full right of substitution and subrogation of Purchaser in and the position of Vendor with respect to the benefit of all covenants, representations covenants and warranties previously given by others heretofore given or made in respect of for the Assets or any part thereofof them.

Appears in 1 contract

Samples: Agreement (Barnabus Energy, Inc.)

Substitution and Subrogation. To the extent possible, Vendor shall convey the Assets to Purchaser with full right of substitution and subrogation of Purchaser in and the position of Vendor with respect to the benefit of all covenants, representations covenants and warranties previously given by others heretofore given or made in respect of for the Assets or any part thereofof them.

Appears in 1 contract

Samples: Purchase and Sale (Pacific Energy Partners Lp)

Substitution and Subrogation. To the extent that it is possible, the Vendor shall convey its portion of the Assets to the Purchaser with full right of substitution and subrogation of the Purchaser in and to the position of the Vendor with respect to the benefit of all covenants, representations covenants and warranties by others heretofore given or made in respect of the Assets or any part thereofof it.

Appears in 1 contract

Samples: Agreement (Lions Petroleum, Inc)

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Substitution and Subrogation. To the tile extent possible, Vendor shall convey the Assets to Purchaser with full right of substitution and subrogation of Purchaser in and the position of Vendor with respect to the benefit of all covenants, representations covenants and warranties previously given by others heretofore given or made in respect of for the Assets or any part thereofof them.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Guildhall Minerals Ltd.)

Substitution and Subrogation. To the extent that the same is possible, Vendor shall convey the Assets to Purchaser with full right of substitution and subrogation of Purchaser in and to all covenants, representations and warranties by others heretofore given or made in respect of the Assets or any part thereof.

Appears in 1 contract

Samples: Agreement (Barnwell Industries Inc)

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