Successor Operator. Seller shall use its commercially reasonable efforts to support Xxxxx's efforts to be appointed or to have a designee appointed as the successor operator of those Purchased Assets that Seller currently operates. Notwithstanding the foregoing, Seller makes no representations or warranties to Buyer as to the transferability of operatorship of any Purchased Assets that Seller currently operates. Rights and obligations associated with operatorship of the Purchased Assets are governed by operating agreements or similar agreements and will be determined in accordance with the terms of such agreements.
Appears in 2 contracts
Successor Operator. Seller shall use its commercially reasonable efforts to support XxxxxBuyer's efforts to be appointed or to have a designee appointed as the successor operator of those Purchased Assets that Seller currently operates. Notwithstanding the foregoing, Seller makes no representations or warranties to Buyer as to the transferability of operatorship of any Purchased Assets that Seller currently operates. Rights and obligations associated with operatorship of the Purchased Assets are governed by operating agreements or similar agreements and will be determined in accordance with the terms of such agreements.
Appears in 2 contracts
Successor Operator. Seller shall Sellers will use its commercially reasonable efforts to support Xxxxx's Buyer’s efforts to be appointed or to have a designee appointed as the successor operator of those Purchased Assets Properties that any Seller currently operates. Notwithstanding anything to the foregoingcontrary in this Agreement, Seller makes Sellers make no representations or warranties to Buyer as to the transferability of operatorship of any Purchased Assets that Properties which a Seller currently operates. Rights and obligations associated with operatorship of the Purchased Assets Properties are governed by operating agreements or similar agreements and and, to the extent such agreements are Assigned Contracts, will be determined in accordance with the terms of such agreements.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Rex Energy Corp)
Successor Operator. Seller Sellers shall use its their commercially reasonable efforts to support Xxxxx's Buyer’s efforts to be appointed or to have a designee appointed as the successor operator of those Purchased Assets Properties that any Seller currently operates. Notwithstanding the foregoing, Seller Sellers makes no representations or warranties to Buyer as to the transferability of operatorship of any Purchased Assets that Properties which any Seller currently operates. Rights and obligations associated with operatorship of the Purchased Assets Properties are governed by operating agreements or similar agreements and will be determined in accordance with the terms of such agreements.
Appears in 1 contract