Common use of Suits and Claims Clause in Contracts

Suits and Claims. No suit, action, claim, or other proceeding is now pending or, to Seller’s knowledge, threatened before any court or governmental agency which might result in the impairment or loss of any of Seller’s title to the Properties and Seller shall promptly notify Buyer of any such proceeding which arises or is threatened prior to the Closing Date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Goodrich Petroleum Corp)

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Suits and Claims. No suit, action, claim, or other proceeding is now pending or, to Seller’s knowledge, threatened before any court or court, governmental agency which might result in against the impairment or loss of any of Seller’s title to the Properties Subject Property, and Seller shall promptly notify Buyer of any such proceeding which arises or is threatened prior to the Closing DateClosing. Seller has no knowledge of any facts or circumstances from which a claim against Seller (or to which the Subject Property would be subject) could reasonably be expected to arise, except as set forth on Schedule 4(i).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oasis Petroleum Inc.)

Suits and Claims. No suit, action, claim, or other proceeding is now pending or, to Seller’s 's knowledge, threatened before any court or court, governmental agency which might result in against the impairment Subject Property or loss of any of Seller’s title to the Properties , and Seller shall promptly notify Buyer of any such proceeding which arises or is threatened prior to the Closing DateClosing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Frontier Energy Inc)

Suits and Claims. No suit, action, claim, or other proceeding is now pending or, to Seller’s 's best knowledge, threatened before any court or governmental agency which might result in against the impairment or loss of any of Seller’s title to the Properties Subject Property, and Seller shall promptly notify Buyer in writing of any such proceeding which arises or is threatened prior to the Closing DateClosing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)

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Suits and Claims. No Seller represents and warrants that no suit, action, claim, or other proceeding is now pending or, to Seller’s knowledge, threatened before any court or governmental agency which might result in affecting the impairment or loss of any of Seller’s title to the Properties and Assets. Seller shall promptly notify Buyer of any such proceeding which arises or is threatened prior to the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (BreitBurn Energy Partners L.P.)

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