No Guarantee of Operations. Buyer understands that operation of all or part of the Properties may be subject to operating agreements or other contracts governing the election or appointment of an Operator. Seller does not warrant or represent that Buyer will become Operator of any of the Properties, but Seller does agree to use its best efforts and to assist Buyer in being elected as Operator.
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Samples: Purchase and Sale Agreement (Foothills Resources Inc), Purchase and Sale Agreement (Foothills Resources Inc)
No Guarantee of Operations. Buyer understands that operation of all or part of the Properties may be subject to operating agreements or other contracts governing the election or appointment of an Operatoroperator. Seller does not warrant or represent that Buyer will become Operator operator of any of the Properties. Seller will, but and will cause its affiliates to, use commercially reasonable efforts to cause Buyer to become operator of all Properties for which Seller does agree to use or its best efforts and to assist Buyer in being elected as Operatoraffiliates are operator.
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Samples: Purchase and Sale Agreement (Plains Exploration & Production Co)
No Guarantee of Operations. Buyer understands that operation of all or part of the Properties Assets may be subject to operating agreements or other contracts governing the election or appointment of an Operator. Seller does not warrant or represent that Buyer will become Operator of any of the Properties, but Seller does agree to use its best efforts and to assist Buyer in being elected as Operator.that
Appears in 1 contract
Samples: Certain Purchase and Sale Agreement (Bargo Energy Co)
No Guarantee of Operations. Buyer understands that operation of all or part of the Properties Assets may be subject to operating agreements or other contracts governing the election or appointment of an Operator. Seller does not warrant or represent that Buyer will become Operator of any of the PropertiesAssets. However, but upon Buyer's execution of this Purchase and Sale Agreement and payment of the Performance Deposit provided for herein, Seller does agree agrees that it will begin the process of attempting to use its best efforts and obtain approvals for Buyer to assist Buyer in being elected take over as Operatoroperator at Closing of the Assets that Operator currently operates.
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