Common use of Casualty Loss Clause in Contracts

Casualty Loss. (a) Except as provided in this Section 13.05, Buyer shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Well, the collapse of casing, sand infiltration of Wxxxx, and the depreciation of personal property.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (BreitBurn Energy Partners L.P.), Purchase and Sale Agreement (BreitBurn Energy Partners L.P.), Purchase and Sale Agreement (BreitBurn Energy Partners L.P.)

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Casualty Loss. (a) Except as provided in this Section 13.05, Buyer shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Well, the collapse of casing, sand infiltration of WxxxxXxxxx, and the depreciation of personal property.

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Casualty Loss. (a) Except as provided in this Section 13.05, Buyer shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Wellwell, the collapse of casing, sand infiltration of Wxxxxxxxxx, and the depreciation of personal property.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Whittier Energy Corp), Purchase and Sale Agreement, Purchase and Sale Agreement (Storm Cat Energy CORP)

Casualty Loss. (a) Except as provided in this Section 13.05, Buyer shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Wellwell, the collapse of casing, sand infiltration of Wxxxx, xxxxx and the depreciation of personal property.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (BreitBurn Energy Partners L.P.), Purchase and Sale Agreement (NiMin Energy Corp.)

Casualty Loss. (a) Except as provided in this Section 13.05, Buyer shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement Effective Time until the Closing, including including, without limitation, with respect to the depletion of Hydrocarbons, the watering-out of any Well, the collapse of casing, sand infiltration of Wxxxxxxxxx, and the depreciation of personal property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Comstock Resources Inc)

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Casualty Loss. (a) Except as provided in this Section 13.05, Buyer Purchaser shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Wellwell, the collapse of casing, sand infiltration of Wxxxxxxxxx, and the depreciation of personal propertyPersonal Property.

Appears in 1 contract

Samples: Escrow Agreement (Ivanhoe Energy Inc)

Casualty Loss. (a) Except as provided in this Section 13.05, Buyer Purchaser shall assume all risk of loss with respect to, and any change in the condition of, the Assets from the date of this Agreement until the Closing, including with respect to the depletion of Hydrocarbons, the watering-out of any Wellwell, the collapse of casing, sand infiltration of Wxxxxwxxxx, and the depreciation of personal property.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Eagle Mountain Corp)

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