Filing and Recording of Assignments, etc. Buyer shall be solely responsible for all filings and the prompt recording of assignments and other documents related to the transfer of the Assets as contemplated hereunder, and for all fees connected therewith, including the fees charged by any regulatory authority in connection with the change of operator, and Buyer shall furnish certified copies of all such filed and/or recorded documents to Seller. Seller shall not be responsible for any loss to Buyer because of Buyer’s failure to file or record documents correctly or promptly. Buyer shall promptly file all appropriate forms, declarations or bonds with federal and state agencies relative to its assumption of operations and Seller shall cooperate with Buyer in connection with such filings. Buyer shall also comply with all notice provisions contained in the Leases or otherwise applicable to the transfer of the Assets.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Denbury Resources Inc)
Filing and Recording of Assignments, etc. Buyer shall be solely responsible for all filings and the prompt recording of assignments and other documents related to the transfer of the Assets as contemplated hereunder, and for all fees connected therewith, including the fees charged by any regulatory authority in connection with the change of operator, and Buyer shall furnish certified copies of all such filed and/or recorded documents to Seller. Seller shall not be responsible for any loss to Buyer because of Buyer’s 's failure to file or record documents correctly or promptly. Buyer shall promptly file all appropriate forms, declarations or bonds with federal and state agencies relative to its assumption of operations and Seller shall cooperate with Buyer in connection with such filings. Buyer shall also comply with all notice provisions contained in the Leases or otherwise applicable to the transfer of the Assets.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Sun River Energy, Inc)
Filing and Recording of Assignments, etc. Buyer shall be solely responsible for all filings and the prompt recording of assignments and other documents related to the transfer of the Assets as contemplated hereunder, hereunder and for all fees connected therewith, including the fees charged by any regulatory authority in connection with the change of operator, and Buyer shall furnish certified copies of all such filed and/or recorded documents to Seller. Seller shall not be responsible for any loss to Buyer because of Buyer’s failure to file or record documents correctly or promptly. Buyer shall promptly file all appropriate forms, declarations or bonds with federal and state agencies relative to its assumption of operations and Seller shall cooperate with Buyer in connection with such filings. Buyer shall also comply with all notice provisions contained in the Leases or otherwise applicable to the transfer of the Assets.
Appears in 1 contract
Sources: Asset Purchase and Sale Agreement (Evolution Petroleum Corp)