Common use of Operatorship Clause in Contracts

Operatorship. Within five (5) calendar days after the Closing, Seller will send out notifications of its resignation as operator for all Xxxxx Seller or any of its affiliates currently operate and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Buyer as to the transferability or assignability of operatorship of such Xxxxx, but Seller shall cooperate with Buyer and use its commercially reasonable efforts to cause operatorship of the Assets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) calendar business days after the Closing, Seller will send out notifications of its resignation as operator for all Xxxxx xxxxx Seller or any of its affiliates currently operate operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Buyer Seller as to the transferability or assignability of operatorship of such Xxxxx, xxxxx but Seller shall cooperate with Buyer will encourage and use its commercially reasonable support Buyer’s efforts to cause assume operatorship of the Assets to be transferred to BuyerSubject Interests. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) calendar days after the Closing, Seller will send out notifications of its resignation as operator for all Xxxxx Wxxxx Seller or any of its affiliates currently operate and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Buyer as to the transferability or assignability of operatorship of such XxxxxWxxxx, but Seller shall cooperate with Buyer and use its commercially reasonable efforts to cause operatorship of the Assets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx wxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) calendar days Business Days after the Closing, Seller Sellers will send out notifications of its resignation as operator for all Xxxxx Seller or any of its affiliates xxxxx Sellers currently operate operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Buyer as to the transferability or assignability of operatorship of such Xxxxx, but Seller shall cooperate with Buyer and use its commercially reasonable efforts to cause operatorship of the Assets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.

Operatorship. Within five (5) calendar days Business Days after the Closing, Seller will send out notifications of its transfer or resignation as operator for all Xxxxx Seller or any of its affiliates currently operate operates and is selling to Buyer pursuant to this Agreement. Seller makes no representation and/or warranty to Buyer as to the transferability or assignability of operatorship of such Xxxxx, but Seller shall cooperate with Buyer and use its commercially reasonable efforts to cause operatorship of the Assets to be transferred to Buyer. Buyer acknowledges that the rights and obligations associated with such xxxxx are governed by applicable agreements and that operatorship will be determined by the terms of those agreements.