Common use of Environmental Expert Clause in Contracts

Environmental Expert. The determination of a disputed environmental matter shall be conducted by a single environmental expert (“Environmental Expert”). The Environmental Expert shall be neutral, not an affiliate, employee or currently engaged consultant of either Party (nor of any of their Affiliates), and shall be an individual with a nationally recognized independent environmental consulting firm with at least ten (10) years of experience evaluating environmental matters associated with oil and gas properties in geographic area where the Assets subject to such dispute are located.

Appears in 2 contracts

Sources: Securities Purchase Agreement (WPX Energy, Inc.), Securities Purchase Agreement (WPX Energy, Inc.)

Environmental Expert. The determination of a disputed environmental matter Disputed Environmental Matter shall be conducted by a single environmental expert (“Environmental Expert”). The Environmental Expert shall be neutral, not an affiliateAffiliate, employee or currently engaged consultant of either Party (nor of any of their Affiliates), and shall be an individual with a nationally recognized independent environmental consulting firm with at least ten (10) years of experience evaluating environmental matters associated with oil and gas properties in geographic area where the Assets subject to such dispute are locatedNew Mexico.

Appears in 1 contract

Sources: Purchase and Sale Agreement (WPX Energy, Inc.)