Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset which could result in any of Seller’s interest in such Asset becoming subject to a penalty or forfeiture as a result of such election.
Appears in 8 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Mid-Con Energy Partners, LP), Purchase and Sale Agreement
Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset the Assets which could result in any of Seller’s interest in such Asset any Assets becoming subject to a penalty or forfeiture as a result of such election.election not to participate in such operation or activity, except to the extent reflected in the Net Revenue Interests and Working Interests set forth in Exhibit A.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (Energy Xxi (Bermuda) LTD), Purchase and Sale Agreement (Pogo Producing Co), Purchase and Sale Agreement (Energy XXI Texas, LP)
Non-Consent Operations. Except as set forth on Schedule 4.12 or Exhibit A-2, Seller has not elected not to participate in any operation or activity proposed with respect to any Asset the Properties which could result in any of Seller’s interest in such Asset Properties becoming subject to a penalty or forfeiture as a result of such electionelection not to participate in such operation or activity.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Earthstone Energy Inc), Purchase and Sale Agreement (Earthstone Energy Inc), Purchase and Sale Agreement (Callon Petroleum Co)
Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset the Oil and Gas Properties which could result in any of Seller’s interest in such Asset Oil and Gas Properties becoming subject to a penalty or forfeiture as a result of such electionelection not to participate in such operation or activity.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Memorial Production Partners LP), Purchase and Sale Agreement
Non-Consent Operations. Except as set forth on Section 6.21 of the Disclosure Schedule, Seller has not elected not to participate in any operation or activity proposed with respect to any Asset the Assets which could result in any of Seller’s interest in such Asset Assets becoming subject to a penalty or forfeiture as a result of such electionelection not to participate in such operation or activity.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Cimarex Energy Co), Purchase and Sale Agreement (Callon Petroleum Co)
Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset which could result in any of Seller’s (or, after the Closing, Buyer’s) interest in such Asset becoming subject to a penalty or forfeiture as a result of such election.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Goodrich Petroleum Corp)
Non-Consent Operations. Seller has not elected not with respect to participate in any operation or activity proposed to Seller with respect to any Asset the Properties which could result in any of Seller’s interest in such Asset Properties becoming subject to a penalty or forfeiture as a result of such electionelection by Seller not to participate in such operation or activity.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Gastar Exploration Inc.)
Non-Consent Operations. Seller has not elected not to participate made any non-consent elections in any operation or activity proposed with respect to any Asset the Properties which could result in any of Seller’s interest in such any Asset becoming subject to a penalty or a forfeiture as a result of such non-consent election, except to the extent reflected in the Working Interest and Net Revenue Interest of the Assets set forth in Exhibit A or Exhibit A-1.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Comstock Resources Inc)
Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset which of the Leases that could result in any portion of Seller’s interest in such Asset the Properties becoming subject to a penalty relinquishment, reassignment, penalty, or forfeiture as a result of such electionelection not to participate in such operation or activity.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Energy & Exploration Partners, Inc.)
Non-Consent Operations. Seller has not elected not to participate in any operation or activity proposed with respect to any Asset which that could result in any of Seller’s (or, after the Closing, Buyer’s) interest in such Asset becoming subject to a penalty or forfeiture as a result of such election.
Appears in 1 contract
