Assignment by Developer. (a) Any Developer shall have the sole and absolute right to assign any interest it acquires pursuant to this Agreement. Such assignment may be made with or without notice to Operator; provided, however, until such time as Operator has received written notice and copies of such assignment, it may deal solely with such Developer and need not recognize any party claiming through or under such Developer.
Appears in 3 contracts
Samples: Drilling and Operating Agreement (Indigo-Energy, Inc.), Drilling and Operating Agreement (Indigo-Energy, Inc.), Drilling and Operating Agreement (Indigo-Energy, Inc.)
Assignment by Developer. (a) Any Developer shall have the sole and absolute right to assign any interest it acquires pursuant to this Agreement. Such assignment may be made with or without notice to Operator; provided, however, until such time as Operator has received written notice and copies of such assignment, it may deal solely with such Developer and need not recognize any party claiming through or under such Developer.
Appears in 1 contract
Samples: Drilling and Operating Agreement (Indigo-Energy, Inc.)