ASA. The parties to the ASA agree that the ASA is terminated as of the Effective Date. Administrator shall make available for pickup for a period of sixty (60) days following the Effective Date the property of E11, E11OC, ER12 and/or ER12OC in the possession of Administrator from the offices of Administrator at ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the “ASA Transition Period”). Each of E11, E11OC, ER12 and ER12OC shall pay over to Administrator all amounts owing under the ASA as of the Effective Date, with such amount due within ten (10) days following Administration providing a final invoice therefor to E11, E11OC, ER12 and ER12OC. In addition, Administrator shall work in good faith with E11, E11OC, ER12 and ER12OC to transition management services to E11, E11OC, ER12 and ER12OC or their respective designees during the ASA Transition Period and shall be compensated therefor at the same rates and under the same terms set forth in the ASA as if the same remained in effect during such time.
Appears in 2 contracts
Sources: Purchase Agreement (Energy 11, L.P.), Purchase Agreement (Energy Resources 12, L.P.)