Common use of No Adverse Change Clause in Contracts

No Adverse Change. During the period of Seller’s ownership, with respect to the Assets for which Seller is the operator of record, and to Seller’s knowledge as to Assets for which Seller is not the operator, the Assets have been operated in the ordinary course of business consistent with past practices and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Bill Barrett Corp), Purchase and Sale Agreement (Vanguard Natural Resources, LLC), Purchase and Sale Agreement

AutoNDA by SimpleDocs

No Adverse Change. During the period of Seller’s ownership, with With respect to the Assets for which Seller is the operator of recordand, and to Seller’s knowledge as with respect to the Assets for which Seller is not the operator, since the time of the information provided in the data room, the Assets have been operated in the ordinary course of business consistent with past practices and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

No Adverse Change. During the period of Seller’s ownership, with With respect to the Assets for which Seller is the operator of recordand, and to Seller’s 's knowledge as with respect to the Assets for which Seller is not the operator, since September 1, 2007, the Assets have been operated in the ordinary course of business consistent with past practices and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Abraxas Energy Partners LP), Purchase and Sale Agreement (Abraxas Petroleum Corp)

No Adverse Change. During the period of Seller’s ownership, with respect to the Assets for which Seller is the operator of record, record and to Seller’s knowledge Knowledge as to Assets for which Seller is not the operator, the Assets have been operated in the ordinary course of business consistent with past practices practices, and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

No Adverse Change. During the period of Seller’s ownership, with With respect to the Assets for which Seller is the operator of recordand, and to Seller’s knowledge as with respect to the Assets for which Seller is not the operator, during the six consecutive month period immediately prior to Closing, the Assets have been operated in the ordinary course of business consistent with past practices and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

AutoNDA by SimpleDocs

No Adverse Change. During the period of Seller’s ownership, with respect to the Assets for which Seller is the operator of record, record and to Seller’s knowledge as to Assets for which Seller is not the operator, the Assets have been operated in the ordinary course of business consistent with past practices practices, and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets, except as set forth in Section 5.27.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

No Adverse Change. During the period of Seller’s ownership, with With respect to the Assets for which Seller is the operator of recordand, and to Seller’s knowledge as with respect to the Assets for which Seller is not the operator, since September 1, 2007, the Assets have been operated in the ordinary course of business consistent with past practices and there has been no event or series of events that have either individually or in combination had a Material Adverse Effect on the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

Time is Money Join Law Insider Premium to draft better contracts faster.