Common use of No Alienation Clause in Contracts

No Alienation. Seller has not sold, assigned, conveyed, or transferred or contracted to sell, assign, convey or transfer any right or title to, or interest in, the Properties other than (i) production sold in the ordinary course of Seller’s business and (ii) equipment which was worthless, obsolete or replaced by equipment of equal suitability and value.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Diamondback Energy, Inc.), Purchase and Sale Agreement (Diamondback Energy, Inc.)

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No Alienation. Such Seller has not sold, assigned, conveyed, or transferred transferred, or contracted to sell, assign, convey or transfer transfer, any right or title to, or interest in, the Properties other than (i) production sold in the ordinary course of such Seller’s business and (ii) equipment which was worthless, obsolete or replaced by equipment of equal suitability grade, utility, and value.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Athlon Finance Corp.)

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No Alienation. Seller has not voluntarily or involuntarily sold, assigned, conveyed, or transferred or contracted to sell, assign, convey convey, or transfer any right or title to, or interest in, the Properties Assets other than (ia) production sold in the ordinary course of Seller’s business and (iib) equipment which was worthless, Equipment that is worthless or obsolete or has been replaced by equipment of equal suitability and value.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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