Examples of Title and Operating Documents in a sentence
Such insurance will be maintained with reputable insurers and in such amounts as the Grantor determines to be appropriate, having regard to insurance maintained pursuant to the Title and Operating Documents and normal oil and gas industry standards in Canada.
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Provided that the Grantor acts reasonably and in accordance with prudent oil and gas industry practices, the Grantor shall have the right to enter into and, subject to Section 5.3, amend Title and Operating Documents, from time to time, on such terms and conditions as it considers appropriate in its sole discretion.
To the extent that the Vendor is reasonably able to deliver the Title and Operating Documents to the Purchaser, the Vendor shall, as soon as is practicable after Closing (and in any event within 30 days of Closing), deliver to the Purchaser the Title and Operating Documents which it has in its possession, provided that if the Vendor retains any interest in any property to which a Title and Operating Document relates, the Vendor may retain the original copy and provide a photocopy to the Purchaser.
The Royalty Owner shall not be entitled to any interest in the Properties or the Title and Operating Documents and shall not be liable for any of the duties or obligations arising under the Title and Operating Documents or in connection with the Acquisition or operation of the Properties, except as set forth in subsections 2.5(a)(iii) and 2.5(a)(vi).