Common use of Complete Transfer Clause in Contracts

Complete Transfer. Each of the CAMAC Parties expressly agrees that the transfer of the Contract Rights pursuant to the Novation Agreement and this Agreement, constitutes a complete transfer of all of the Contract Rights, free and clear of (a) all Liens on the Contract Rights or the Oyo Field, and (b) any material adverse contractual obligations other than the Oyo Related Agreements, and the CAMAC Parties reserve no rights to market or otherwise transfer any interest in and to the Contract Rights. For the avoidance of doubt, upon the consummation of the Transactions neither PAPI nor PAPI Newco shall have any obligation to any of the CAMAC Parties to support, maintain, offer, or do any other act relating to the OMLs or the PSC other than as set forth herein or in the Transaction Documents.