Common use of Further Acquisitions Clause in Contracts

Further Acquisitions. From the date of this Agreement until the Closing, Seller shall not acquire, either directly or indirectly, any oil, gas or other Hydrocarbon leases or other rights to Hydrocarbons or other minerals in place on the lands described on Exhibit C, or allow any of its Affiliates or any of the Persons who are members of Seller or its Affiliates to do so.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Jones Energy, Inc.), Asset Purchase Agreement (Jones Energy, Inc.)