Common use of Transferred and Terminated Contracts Clause in Contracts

Transferred and Terminated Contracts. On or before the Closing Date, Seller shall cause (a) each of the Contracts listed in Schedule 6.2(a) to be assigned and transferred to, and assumed by, the Company indicated on Schedule 6.2(a) and (b) each of the Contracts listed in Schedule 6.2(b) to be terminated without liability or continuing obligation to any Company.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Devon Energy Corp/De), Purchase and Sale Agreement (Devon Energy Corp/De)

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Transferred and Terminated Contracts. On or before the Closing Date, Seller shall cause (a) each of the Contracts listed in Schedule 6.2(a) to be assigned and transferred to, and assumed by, the Company indicated on Schedule 6.2(a) and (b) each of the Hedge Contracts, the Management Agrement (except as provided in Section 6.21), and the Contracts listed in Schedule 6.2(b) to be terminated without liability or continuing obligation to any Companyterminated. 6.3 Access and Title Examination.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Marathon Oil Corp)

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Transferred and Terminated Contracts. On or before the Closing Date, Seller shall cause (a) each of the Contracts listed in Schedule 6.2(a) to be assigned and transferred to, and assumed by, the Company indicated on Schedule 6.2(a) and (b) each of the Hedge Contracts, [Omitted], and the Contracts listed in Schedule 6.2(b) to be terminated without liability or continuing obligation to any Companyterminated.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Marathon Oil Corp)

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