Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 above, then the entire Deposit, plus the actual interest earned thereon, shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 and 20.5 shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 7 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 18.1 above, then the entire Deposit, plus the actual interest earned thereon, shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 19.4 and 20.5 19.5 shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 5 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 Sections 19.1(a) through (d) above, then the entire Deposit, plus the actual interest earned thereon, shall be returned released and paid to Buyer from the Escrow Account in accordance with the Escrow Agreement and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 and 20.5 and the Parties’ obligations under the Escrow Agreement shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 above, then the entire Deposit, plus the actual interest earned thereon, shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 Article 20 shall survive and 20.5 shall survivecontinue in full force and effect; provided, however, that if this Agreement is terminated because of either:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Three Rivers Operating Co Inc.)
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 above, then the entire Deposit, plus the actual interest earned thereon, shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 11.8, 20.4 and 20.5 shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Samson Holdings, Inc.)
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 18.1 above, then the entire Deposit, plus the actual interest earned thereon, Deposit shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 and 4.2, 20.3, 20.4, 20.5 20.15 shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Mid-Con Energy Partners, LP)
Liabilities Upon Termination; Deposit Amount. If this Agreement terminates, as described in Section 19.1 above, then the entire Deposit, plus the actual interest earned thereon, Deposit shall be returned and paid to Buyer and all obligations of the Parties under this Agreement shall thereafter terminate and be of no further force and effect, except that the provisions of Sections 20.4 20.3, 20.4, 20.5 and 20.5 20.15 shall survive; provided, however, that if this Agreement is terminated because of either:
Appears in 1 contract
