Common use of Material Factor Clause in Contracts

Material Factor. Buyer acknowledges that its representations and warranties contained in this Agreement are a material inducement to Shell to enter into this Agreement with Buyer, and to close the transactions contemplated hereunder.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Pacific Energy Resources LTD)

Material Factor. Buyer acknowledges that its representations and warranties contained in this Agreement are a material inducement to Shell Sellers to enter into this Agreement with Buyer, and to close the transactions contemplated hereunder.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Miller Petroleum Inc)