SURVIVING OBLIGATIONS OF BUYER Sample Clauses

SURVIVING OBLIGATIONS OF BUYER. In the event that the Closing does not occur due to Buyer's Board of Directors failing to grant the requisite approvals, at Sellers' option, Buyer will manage, operate and supervise the Sellers' oil and gas assets covered by this Agreement pursuant to a standard operating agreement between the Parties and for a reasonable fee. In such case, Buyer shall be held to the reasonable prudent operator standard of care.
Sample 1
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Related to SURVIVING OBLIGATIONS OF BUYER

  • Surviving Obligations The obligations of the Company and your obligations under this Agreement shall survive the expiration of this Agreement to the extent necessary to give effect to this Agreement.

  • Obligations of Buyer At the Closing, Buyer shall deliver to Seller the following:

  • PRE-CLOSING OBLIGATIONS The Seller shall have performed and complied with all the obligations and conditions required by this Agreement to be performed or complied with by Seller at or prior to the Closing Date, including the execution and delivery of all documents and contracts required to be delivered at or before the Closing Date pursuant to this Agreement.

  • Closing Obligations At the Closing:

  • Conditions to Obligations of Buyer and Seller The obligations of Buyer and Seller to consummate the Closing are subject to the satisfaction of the following conditions:

  • OBLIGATIONS OF THE BUYER a. The Buyer has furnished to the Company in Exhibit B hereto such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Company shall notify the Buyer in writing of any other information the Company reasonably requires from the Buyer in connection with any Registration Statement hereunder. The Buyer will as promptly as practicable notify the Company of any material change in the information set forth in Exhibit B, other than changes in its ownership of the Common Stock.

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Performance of Obligations of Buyer Buyer shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the Closing Date.

  • Buyer's Closing Obligations At the Closing, Buyer shall:

  • Obligations of Parent Whenever required under this Article 2 to effect the registration of any Registrable Securities, Parent shall, as expeditiously as reasonably possible:

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