Examples of Plugging and Abandonment Obligations in a sentence
Buyer shall conduct all Plugging and Abandonment Obligations and all other operations with respect to the Assets in a good and workmanlike manner and in compliance with all Laws, including Environmental Laws and Laws (now or hereafter in effect) relating to the protection of natural resources.
If Buyer defaults in the performance of its obligations pursuant to this Section 7.3, Seller, at its option in its sole discretion, and after reasonable notice, may complete, or have completed, the Plugging and Abandonment Obligations at Buyer’s expense.
EXHIBIT A-3 Easements and Rights-of-Way EXHIBIT B Xxxxx/WI/NRI/Allocated Values EXHIBIT C Contracts EXHIBIT D Surface Use Agreements EXHIBIT E Plugging and Abandonment Obligations EXHIBIT F Assignment, Xxxx of Sale and Conveyance EXHIBIT G Buyer’s Certificate EXHIBIT H Seller’s Certificate EXHIBIT I FIRPTA Certificate EXHIBIT J Bonds, etc.
He indicated that going forward he would go through the Planning process to seek alternatives.
Buyer shall conduct all Plugging and Abandonment Obligations in compliance with all applicable laws and regulations.