Examples of Third Persons in a sentence
Third Persons may rely conclusively on the authority of Assignor to market Assignee Minerals, and with respect to Third Persons only, Assignee shall be conclusively bound by the acts of Assignor in connection with the sale of Assignee Minerals.
Third Persons may pay all Assignee Proceeds for the sale of such Minerals directly to Assignor, without the necessity of any joinder by or consent of Assignee or any inquiry into the use or disposition of such proceeds by Assignor.
Section 9.4. Liability of Third Persons Dealing with the Trust or Trustees.
This instrument is made with full substitution and subrogation of Assignee in and to all covenants of warranty by Third Persons (other than Affiliates of Assignor) heretofore given or made with respect to the Development Xxxxx, the Subject Interests or any part thereof or interest therein.
Assignor may from time to time enter into Farmout Agreements with Third Persons with respect to the Subject Interests.