USE OF THE ASSETS. 21.1 Each CONTRACTOR Entity shall have the exclusive right to use, free of any charge, all Assets described in Article 20, both before and after recovery of the cost of the same, for the Petroleum Operations, as well as for any petroleum operations under other agreements in the Kurdistan Region to which it or any of its Affiliates is a party, provided that the Petroleum Operations take priority. The GOVERNMENT agrees not to transfer or otherwise dispose of any of such Assets without the CONTRACTOR’s prior written approval.
USE OF THE ASSETS. The Mendocino-Sonoma-Riverside Assets, together with assets under the Xxxxxxx Purchase Agreement that may have been used by Louisiana-Pacific, constitute substantially all of the assets used by Louisiana-Pacific in the conduct of the Business, excluding assets or services described in the assumptions and caveats with respect to the Financial Statements set forth in Disclosure Schedule Section 4.5; and excluding assets that may have been obtained or disposed of in the ordinary course of business.
USE OF THE ASSETS. Sellers give no warranty to Buyers that the use of any of the Assets will not result in damages or liabilities (including without limitation objective or strict liability and environmental damages). Therefore, and in light of the obligations assumed by the Buyers under Article 2.7 hereof, each Buyer shall be solely liable before any third parties (including without limitation any Governmental Authority and Regulatory Body), for the use that the Buyers give to each and every one of the Assets.
USE OF THE ASSETS. Until Completion, the Vendor must use or otherwise deal with any of the Assets in connection with the ordinary conduct of the Business.
USE OF THE ASSETS. The Mortgagors shall not use or permit to be used the Assets other than for the intended purpose thereof and shall not use, maintain, operate, or occupy, or allow the use, maintenance, operation, or occupancy of any part of the Assets for any purpose which may be dangerous, unless safeguarded as required by law; violates any legal requirement; may constitute a public or private nuisance that could reasonably be expected to result in a Material Adverse Effect; or may render void, voidable, or cancelable, or increase the premium of, any insurance then in force with respect to the Asset or any part thereof.
