Examples of EnCana Agreement in a sentence
The Parties hereby acknowledge and agree that EnCana has previously consented to assignments from Savant to Delta of interests under the EnCana Agreement, and EnCana's consent may not be required for the transaction contemplated hereby.
In the event Delta elects to close this transaction prior to receiving consent from EnCana, after the Closing, the Parties hereby agree to use their commercially reasonable efforts in good faith to obtain the consent of EnCana to the assignment of Savant's interest in the EnCana Agreement hereunder.
Savant hereby warrants title to Savant's interest in the CRB Leases, free and clear of all liens, encumbrances and defects of title arising by, through or under Savant, but not otherwise, and subject to the terms and conditions of this Agreement, the EnCana Agreement, the CRB Contracts, the CRB Leases, the Permitted Encumbrances, and a proportionate part of the landowners' and overriding royalties interests reflected in the net revenue interests described in Exhibit A-1 hereto.
Also, Savant owns or controls an undivided 0.75% of the operating rights and working interests (the “Savant Reversion) after Project Payout (as defined in Section 14 of the EnCana Agreement) in approximately 462,412 gross acres as described in Exhibit A-1 hereto.
The Parties hereby acknowledge and agree that EnCana has previously consented to assignments from Savant to Delta of interests under the EnCana Agreement, and EnCana’s consent may not be required for the transaction contemplated hereby.
Savant hereby warrants tide to Savant’s interest in the CRB Leases, free and clear of all liens, encumbrances and defects of title arising by, through or under Savant, but not otherwise, and subject to the terms and conditions of this Agreement, the EnCana Agreement, the CRB Contracts, the CRB Leases, the Permitted Encumbrances, and a proportionate part of the landowners’ and overriding royalties interests reflected in the net revenue interests described in Exhibit A-l hereto.
In the event Delta elects to close this transaction prior to receiving consent from EnCana, after the Closing, the Parties hereby agree to use their commercially reasonable efforts in good faith to obtain the consent of EnCana to the assignment of Savant’s interest in the EnCana Agreement hereunder.
Also, Savant owns or controls an undivided 0.75% of the operating rights and working interests (the "Savant Reversion) after Project Payout (as defined in Section 14 of the EnCana Agreement) in approximately 462,412 gross acres as described in Exhibit A-1 hereto.