Examples of Change of operator in a sentence
Xxxxx shall provide to LINN evidence reasonably satisfactory to LINN of Xxxxx’x satisfaction of the predicate requirements of Section 3.4 for delivery of the Change of Operator Forms no less than 14 days prior to the last day of the Transition Period, or the Transition Period will be extended for an additional calendar month (unless LINN, in its sole discretion, waives such compliance).
At Closing, SELLER shall deliver to BUYER signed forms to be filed with appropriate governmental agencies, including, but not limited to Change of Operator Forms.
On or before the end of the last day of the Transition Period (or otherwise in accordance with applicable state requirements), LINN will submit the Change of Operator Forms to the required parties; provided, however, that Xxxxx must have secured the necessary bonding, insurance and regulatory approvals to release LINN of any ongoing liability for Xxxxx’x operatorship.
The Partxxx xxree that Buyer will have no obligation or liability whatsoever to EEI, to the JV, to the JV partners or to any other Persons who are WI owners in the Well regarding any EEI Claims or any EEI Claim Deduction that are the result of a time period before Effective Time or Change of Operator.
Accordingly the parties to the Operating Procedure agree that notwithstanding the provisions of that Clause of the Operating Procedure entitled "Change of Operator" (which Clause shall remain in full force and effect but shall not be or be deemed to be a limitation or restriction on the provisions of this Section VII), this Accounting Procedure shall be subject to review and possible revision from time to time but only in the manner hereinafter provided for.
YPC shall execute a Form C-145 Change of Operator form in accordance with New Mexico Oil Conservation Division regulations, as well as any other federal, state or regulatory forms, that will designate and appoint Emerald as operator of record of the Yxxxx Wxxxx.
Provided that Purchaser has not terminated this Agreement pursuant to Section 3.2 above, Sellers shall within five (5) days after the expiration of the Inspection Period, file the applicable and required Change of Operator Notice with the Ohio Department of Job and Family Services (the “CHOP Notice”).
Change of Operator ..........................................................29 10.11.
EEI shall coordinate with Trio in securing Trio's execution and delivery of such executed regulatory forms (including, but not limited to, RRC Form P-4), to be effective as of January 1, 2011, which shall facilitate the Change of Operator as Buyer directs, as soon as such actions are practicable after the Closing.
Please disclose any risks from this requirement; for example, disclose if even after closing of the Sable-EM Purchase Agreement, if Sable will need to obtain a Line 901 and Line 903 permit transfer for Change of Ownership, Change of Guarantor, and Change of Operator from EM to Sable from the Santa Barbara County Planning Commission, and disclose if this transfer may not be approved and any resulting impact on your operations.