Examples of Seller Entity in a sentence
The information set forth in the lease operating statements with respect to the Oil and Gas Properties owned by such Seller Entity set forth in Schedule 4.25 is true and accurate in all material respects for the time periods covered thereby, subject to ordinary course reconciliations.
As of the Execution Date, there are no pending or, to such Seller Entity’s Knowledge, threatened Casualty Loss with respect to any Assets of such Seller Entity with damages estimated to exceed Five Hundred Thousand Dollars ($500,000) in the aggregate for all such Casualty Losses, net to the interest of Seller.
No such Seller Entity has acquired any of the Assets owned by such Seller Entity through the use of eminent domain or condemnation.
As of the Execution Date, except as set forth on Schedule 4.21(a) such Seller Entity has, in all material respects, all permits, approvals, consents, licenses, franchises, exemptions and other authorizations, consents and approvals of or from Governmental Authorities (“Permits”) as are necessary to own and operate the Assets of such Seller Entity.
Except as set forth on Schedule 4.21(a), each such Permit is in full force in effect, and such Seller Entity is in material compliance with all obligations under such Permits.