Examples of Lookback Period in a sentence
Neither Seller, any Affiliate of Seller nor Company has, during the Lookback Period, received any written notice of any (a) material claim, audit or investigation by any Governmental Authority or Third Party with respect to Company’s ownership and operation of the Business and the Assets, or (b) material violation or material failure to comply with any applicable Law that remains unresolved.
Except as set forth on Schedule 7.26, as of the Execution Date, no operations are being conducted or have been conducted during the Lookback Period with respect to the Oil & Gas Assets as to which the Company has elected (or has been deemed to elect) to be a non-consenting party under the terms of the applicable operating agreement and with respect to which the Company has not yet recovered its full participation.