Common use of Xxxxx and Equipment Clause in Contracts

Xxxxx and Equipment. Except as set forth on Schedule 5.21: (a) all Xxxxx have been drilled and completed at legal locations in accordance with generally accepted oil and gas field practices and within the limits permitted by all applicable Leases, contracts, and pooling or unit agreements; (b) there are no Xxxxx located on the Assets that (i) Grantor or its Affiliate is currently obligated by any Laws or contract to currently plug, dismantle or abandon; or (ii) have been plugged, dismantled, or abandoned in a manner that does not comply in all material respects with Laws; or (iii) formerly produced but that are currently temporarily abandoned; and (c) Grantor (or the applicable operator) has all material easements, rights of way, licenses, and authorizations from Governmental Authorities necessary to access, construct, operate, maintain, and repair the Equipment in the ordinary course of business as currently conducted and in compliance with all applicable Laws;

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement (New Source Energy Partners L.P.), Contribution Agreement (New Source Energy Partners L.P.)

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Xxxxx and Equipment. Except as set forth on Schedule 5.214.21, to the Knowledge of Grantor: (a) all Xxxxx have been drilled and completed at legal locations in accordance with generally accepted oil and gas field practices and within the limits permitted by all applicable Leases, contracts, and pooling or unit agreements; (b) there are no Xxxxx located on the Assets that (i) Grantor or its Affiliate is Affiliates are currently obligated by any Laws or contract to currently plug, dismantle or abandon; or (ii) have been plugged, dismantled, or abandoned in a manner that does not comply in all material respects with Laws; or (iii) formerly produced but that are currently temporarily abandoned; and (c) Grantor (or the applicable operator) has all material easements, rights of way, licenses, and authorizations from Governmental Authorities necessary to access, construct, operate, maintain, and repair the Equipment in the ordinary course of business as currently conducted and in compliance with all applicable Laws;

Appears in 1 contract

Samples: Contribution Agreement (New Source Energy Partners L.P.)

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Xxxxx and Equipment. Except as set forth on Schedule 5.21: (a) all Xxxxx have been drilled and completed at legal locations in accordance with generally accepted oil and gas field practices and within the limits permitted by all applicable Leases, contracts, and pooling or unit agreements; (b) there are no Xxxxx located on the Assets that (i) Grantor or its Affiliate is Affiliates are currently obligated by any Laws or contract to currently plug, dismantle or abandon; or (ii) have been plugged, dismantled, or abandoned in a manner that does not comply in all material respects with Laws; or (iii) formerly produced but that are currently temporarily abandoned; and (c) Grantor (or the applicable operator) has all material easements, rights of way, licenses, and authorizations from Governmental Authorities necessary to access, construct, operate, maintain, and repair the Equipment in the ordinary course of business as currently conducted and in compliance with all applicable Laws;

Appears in 1 contract

Samples: Contribution Agreement (New Source Energy Partners L.P.)

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