Common use of Description of Obligations Clause in Contracts

Description of Obligations. After Closing, Seller will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Assets that are attributable to periods before the Effective Time, except as otherwise specifically provided in this Agreement ("Seller's Retained Obligations"). The Seller's Retained Obligations include without limitation:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Energy Partners LTD), Purchase and Sale Agreement (Energy Partners LTD)

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Description of Obligations. After Closing, Seller will Sellers shall retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Assets that are attributable to periods before the Effective Time, except as otherwise specifically provided in Section 12.2(a), 12.2(b), 12.4 and 12.5 of this Agreement ("Seller's Sellers' Retained Obligations"). The Seller's Sellers' Retained Obligations include without limitation:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Houston Exploration Co)

Description of Obligations. After Closing, Seller SELLER will retain responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Assets Property that are attributable to periods before the Effective TimeDate, except as otherwise specifically provided in this Agreement (the "Seller's SELLER'S Retained Obligations"). The Seller's SELLER'S Retained Obligations include without limitation, the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (High Plains Gas, Inc.)

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Description of Obligations. After Closing, Seller SELLER will retain and guarantee responsibility for all liabilities, obligations and duties with respect to the ownership and (if applicable) operation of the Assets Property (and COI's ownership of the Assets) that are attributable to periods before the Effective TimeDate, except as otherwise specifically provided in this Agreement (the "SellerSELLER's Retained Obligations"). The SellerSELLER's Retained Obligations include without limitationinclude:

Appears in 1 contract

Samples: Share and Pipeline Purchase Agreement (Stone Energy Corp)

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