Common use of Successor Operator Clause in Contracts

Successor Operator. While Buyer acknowledges that it desires to succeed Seller as operator of those Assets or portions thereof that Seller may presently operate, Buyer acknowledges and agrees that Seller cannot and does not covenant or warrant that Buyer shall become successor operator of same since the Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operator. Seller agrees, however, that as to the Assets it operates, it shall use its commercially reasonable efforts to support Buyer’s efforts to become successor operator effective as of the Closing (at Buyer’s sole cost and expense) and to designate and/or appoint by assignment, to the extent legally possible, Buyer as successor operator effective as of the Closing.

Successor Operator. While Buyer acknowledges that it desires to succeed Seller as operator of those Assets Properties or portions any portion thereof that Seller may presently operate, currently operates. Buyer further acknowledges and agrees that Seller cannot and does not covenant or warrant that Buyer shall will become successor operator of same since the Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operatorsuch Properties. Seller agrees, however, that that, as to the Assets Properties it operates, it shall will use its commercially reasonable efforts to support Buyer’s efforts effort to become successor operator of such Properties effective as of the Closing (at Buyer’s sole cost and expense) and to designate and/or appoint by assignmentdesignate, to the extent legally possiblepossible and permitted under any applicable joint operating agreement or other agreement, Buyer as successor operator of such Properties effective as of the Closing. At Closing, or as soon as reasonably practicable thereafter, Seller will execute and deliver to Buyer, and Buyer shall promptly file, all forms required by any governmental authority having jurisdiction to transfer record operatorship of those Properties operated by Seller to Buyer.

Successor Operator. While Buyer acknowledges that it desires to succeed Seller as operator of those Assets or portions thereof that Seller may presently operate, Buyer acknowledges and agrees that Seller cannot and does not covenant or warrant that Buyer shall become successor operator of same since the Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operator. Seller agrees, however, that as to the Assets it operates, it shall use its commercially reasonable efforts to support Buyer’s efforts to become the election or appointment of Buyer as the successor operator effective as of the Closing (at Buyer’s sole cost and expense) and to further agrees that it shall designate and/or appoint by assignment, to the extent legally possible, Buyer as successor operator effective as of the Closing.

Successor Operator. While Buyer acknowledges that it desires to succeed Seller as operator of those Assets or portions thereof that Seller may presently operate, Buyer acknowledges and agrees that Seller cannot and does not covenant or warrant that Buyer shall become successor operator of same since the Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operator. Seller agrees, however, that as to the Assets it operates, it shall use its commercially reasonable efforts to support Buyer’s efforts to become successor operator effective as of the Closing (at Buyer’s sole no cost and expense) or expense to Seller and to designate and/or appoint by assignment, to the extent legally possible, Buyer as successor operator effective as of the Closing.