Title Examination Period. From and after the date of execution hereof until 5:00 p.m., local time in Houston, Texas, on the thirtieth (30th) day following the execution hereof (the "Title Examination Period"),"Title Examination Period"), Buyer may notify Seller in writing of any alleged Title Defects affecting any of the Assets and discovered by Buyer or any affiliate or agent of Buyer, setting forth in such notice a detailed description of each Title Defect and the estimated cost to cure each Title Defect. Any matters that may otherwise constitute Title Defects relating to the Assets but that are not specifically raised in writing by Buyer prior to the expiration of the Title Examination Period shall be deemed to have been waived. Upon receipt of such notice from Buyer, Seller shall have the right, but not the obligation, to attempt to cure such Title Defects prior to Closing and after the Closing, to the extent that Seller elects pursuant to Section 9.3(a) to indemnify Buyer for Losses (as hereinafter defined) arising out of any Title Defects. Notwithstanding the preceding sentence, prior to the Closing the Seller will seek diligently consents and approvals for transfers of easements, rights of way, and realty leases on privately owned lands where they are required. To the extent that such consents require payments to the affected landowners, if any, the resulting costs will be governed by the provisions of Section 9.3. Buyer shall not have the right to attempt to cure such Title Defects to the extent that Seller has elected to indemnify Buyer for Losses arising out of such defects, unless in the reasonable opinion of Buyer's counsel Buyer would likely be liable to a third party for punitive or similar damages as a result of such Title Defect.
Title Examination Period. Commencing on the date of the execution of this Agreement and ending May 24st, 2013 at 5:00 p.m. Houston time (the “Title Examination Period”), Seller shall, subject to Section 7.01, (a) permit Buyer and/or its representatives to examine, in a reasonable manner, during regular business hours and in Seller’s and its Affiliates’ offices, all abstracts of title, title opinions, title files, ownership maps, Property files, assignments, division orders, operating records and agreements (including the Contracts), and all other non- confidential and non-proprietary documents and files pertaining to the Assets insofar as same may now be in existence and in the possession of Seller or its Affiliates and (b) subject to Third Party operator approval and the provisions of Section 7.01 hereof, permit Buyer and/or its representatives, during regular business hours and at Buyer’s sole risk, cost and expense, to conduct reasonable inspections of the Assets (other than environmental inspections which are covered by Section 5.01 hereof).
Title Examination Period. (a) For a period of forty five (45) days following the execution of this Agreement, but in any event, no later than 5:00 p.m. local time in Lafayette, Louisiana on April 7, 2006 (the “Title Examination Period”), Seller shall permit Buyer and/or its representatives to examine, at reasonable times during normal business days and hours and in Seller’s and the Target Entities’ offices, all abstracts of title, title opinions, title files, ownership maps, Lease, Warranty Well and division order files, assignments, operating and accounting records and all Surface Agreements, Permits, Contracts and other agreements pertaining to the Assets or under which the Target Entities will be liable as of the Closing insofar as same may now be in existence and in the possession or control of Seller or any of the Target Entities, subject to such restrictions upon disclosure as may exist under confidentiality or other agreements binding upon Seller, the Target Entities or such data (provided that Seller shall use its reasonable efforts to cause such restrictions to be waived). Notwithstanding anything contained herein to the contrary, in no event shall Buyer have access to or be entitled to review any abstracts of title, title opinions, title files, ownership maps, lease, Well and division order files, assignments, operating and accounting records and all Surface Agreements, Permits, Contracts and other agreements pertaining to the Excluded Assets.
(b) For purposes of this Article IV, the following terms shall have the following meanings:
Title Examination Period. From the date of this Agreement until 5:00 p.m. (local time in Dallas, Texas) on June 24, 2011 (the “Examination Period”), the Company shall afford to Laredo, and Laredo shall afford to the Company, and their respective authorized representatives reasonable access during normal business hours to the office, personnel and books and records of the Company or Laredo and its subsidiaries, as applicable, in order for the other Party to conduct an examination as it may in its sole discretion choose to conduct with respect to the Company Properties or the Laredo Properties, as applicable (the “Review”); provided, however, that such investigation shall be upon reasonable notice and shall not unreasonably disrupt the personnel and operations of the Company or Laredo and its subsidiaries, as applicable. Such books and records shall include, without limitation, all abstracts of title, title opinions, title files, ownership maps, lease files, assignments, division orders, operating records and agreements, well files, financial and accounting records, geological, geophysical and engineering records, tax files, and any other files and records relating to the Company Properties or Laredo Properties, as applicable, in each case insofar as same may now be in existence and in the possession of the Company or Laredo and any of its subsidiaries, as applicable, excluding, however, any information that the Company or Laredo or any of its subsidiaries, as applicable, is prohibited from disclosing by bona fide, Third Party confidentiality restrictions; provided, that if requested by the other Party, the Company or Laredo, as applicable, shall use its commercially reasonable efforts, without the requirement to make any payment or provide any other consideration, to obtain a waiver of any such restrictions in favor of Laredo or the Company, as applicable. The cost and expense of the Review, if any, shall be borne solely by the Party incurring such cost and expense. Laredo and the Company, as applicable, shall not, during the Examination Period, contact any of the customers or suppliers of the other Party, or the other Party’s working interest co-owners, operators, lessors or surface interest owners, in connection with the transactions contemplated hereby, whether in person or by telephone, mail or other means of communication, without the specific prior written consent of the Company or Laredo, as applicable, which consent shall not be unreasonably withheld.
Title Examination Period. Commencing on the date hereof and ending May 9, 2014, at 6:00 p.m. Houston, Texas time (the “Title Examination Period”), each Seller shall, subject to Section 7.01, (a) permit Buyer and/or its representatives to examine, at reasonable times and in the offices of Operator, all abstracts of title, title opinions, title files, ownership maps, Lease files, assignments, division orders, operating records and agreements (including the Contracts), environmental files (including all such materials necessary to allow Buyer to ascertain whether Sellers and/or Operator possess all required environmental permits in connection with the Assets) and all other non-confidential and non-proprietary records and files pertaining to the Assets insofar as same may now be in existence and in the possession or control of such Seller or its Controlled Affiliates and (b) subject to Third Party operator approval, permit Buyer and/or its representatives, at reasonable times and at Buyer’s sole risk, cost and expense, to conduct reasonable inspections of the Assets (other than environmental inspections which are covered by Section 5.01).
Title Examination Period. Provided that Seller timely provides access to the Records and other materials as contemplated in Section 7.1, the “Title Examination Period” will commence on the date of this Agreement and end at 5:00 P.M. CDT on August 22, 2011.
Title Examination Period. Commencing on the date hereof and ending October 4, 2010 at 6:00 p.m. Midland, Texas time (the “Title Examination Period”), Seller shall, subject to Section 7.01, (a) permit Buyer and/or its representatives to examine, primarily by electronic “paper vision” and otherwise in a manner reasonably acceptable to Seller, at reasonable times and in Seller’s offices, all abstracts of title, title opinions, title files, ownership maps, Lease files, assignments, division orders, operating records and agreements (including the Contracts) and all other non-confidential and non-proprietary records and files pertaining to the Assets insofar as same may now be in existence and in the possession or control of Seller and (b) subject to Third Party operator approval, permit Buyer and/or its representatives, at reasonable times and at Buyer’s sole risk, cost and expense, to conduct reasonable inspections of the Assets (other than environmental inspections which are covered by Section 5.01 hereof).
Title Examination Period. Commencing on the date of the execution of this Agreement and ending at 5:00 p.m. Houston time on the day that is 10 days prior to Closing (the “Title Examination Period”), the Company Entities shall, subject to Section 7.01, (a) permit the Partnership and/or its representatives to examine, in a reasonable manner, at reasonable times and in the offices of each Company Entity, all abstracts of title, title opinions, title files, ownership maps, property files, assignments, division orders, operating records and agreements (including the Contracts) pertaining to the Assets insofar as same may now be in existence and in the possession of the Company Entities and (b) subject to Third Party operator approval (which the Company Entities shall use their commercially reasonable efforts to obtain), permit the Partnership and/or its representatives, at reasonable times and at the Partnership’s sole risk, cost and expense, to conduct reasonable inspections of the Assets (other than environmental inspections which are covered by Section 5.01). The Company Entities shall also make available to the Partnership and/or its representatives, upon reasonable notice during normal business hours, the Company Entities’ personnel knowledgeable with respect to the Assets in order that the Partnership may make such diligence investigation as the Partnership considers desirable.
Title Examination Period. Commencing on the date of the execution of this Agreement and ending on March 23, 2010, at 5:00 p.m. local time where the Assets are located (the “Title Examination Period”), Seller shall, subject to Section 7.01, (a) permit Buyer, and EVOC with respect to the Buildings, and/or their respective representatives to examine, in a reasonable manner, at reasonable times and in Seller’s offices, abstracts of title, title opinions, title files, ownership maps, Property files, assignments, division orders, operating records, agreements (including the Contracts) and all other files and records pertaining to the Assets insofar as same may now be in existence and in the possession of Seller and (b) subject to Third Party operator approval (to the extent applicable and which Seller shall use commercially reasonable efforts to obtain), permit Buyer and EVOC, with respect to the Buildings, and/or their respective representatives, at reasonable times and at Buyer’s and EVOC’s sole risk, cost and expense, to conduct reasonable inspections of the Assets (other than environmental inspections which are covered by Section 5.01).
Title Examination Period. From and after March 22, 1996 until 5:00 p.m., local time in Houston, Texas, on April 3, 1996 (the "Title Examination Period"), Buyer may notify Sellers in writing of any alleged Title Defects affecting any of the Assets and discovered by Buyer or any affiliate or agent of Buyer, setting forth in such notice a detailed description of each Title Defect and the estimated cost to cure each Title Defect. Any matters that may otherwise constitute Title Defects relating to the Assets but that are not specifically raised in writing by Buyer prior to the expiration of the Title Examination Period shall be deemed to have been waived. Upon receipt of such notice from Buyer, Sellers shall have the right, but not the obligation, to attempt to cure such Title Defects prior to Closing and after the Closing, to the extent that Sellers elect pursuant to Section 9.3(a) to indemnify Buyer for Losses (as hereinafter defined) arising out of any Title Defects. Notwithstanding the preceding sentence, prior to the Closing Sellers will seek diligently consents and approvals for transfers of easements, rights of way, and realty leases on privately owned lands where they are required. To the extent that
