Common use of Notices of Claims Clause in Contracts

Notices of Claims. Seller shall promptly notify Purchaser, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (QR Energy, LP)

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Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement Execution Date and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to affecting the Assets Subject Interests or written notice of any material breach or default under the Leases or any Material AgreementContracts affecting the Subject Interests.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer in writing, if, between the date of execution of this Agreement and the Closing Date, Seller receives notice (written notice or verbal) of any claim, suit, action or other proceeding relating to affecting the Assets or notice (written notice or verbal) of any material breach or default under the Leases or any Material Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Petroleum Development Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any material contracts affecting the Assets, and prompt notice of any event that would have a Material AgreementAdverse Effect on any of the Assets, or the Transaction.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), Purchase and Sale Agreement (Delta Petroleum Corp/Co)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to made against Seller which materially affects the Assets or written notice of alleges any material breach or default under any Material AgreementAgreement affecting the Assets. Seller shall notify Buyer of any written proposal from a third party to engage in any material transaction (e.g., a farmout) with respect to the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

Notices of Claims. Seller Sellers shall promptly notify Purchaser, Buyer if, between the date of execution of this Agreement Execution Date and the Closing Date, Seller receives Sellers or the Company receive written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material AgreementAgreements affecting the Business, and promptly notify Buyer of any other event that would have a Material Adverse Effect on the Business or the transactions contemplated hereby.

Appears in 1 contract

Samples: Membership Interest and Asset Purchase Agreement (Resolute Energy Corp)

Notices of Claims. Seller Sellers shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or Sellers receive written notice of any material breach or default under any Material AgreementClaim.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Source Energy Partners L.P.)

Notices of Claims. The Seller shall promptly notify PurchaserBuyer, if, between if during the date of execution of this Agreement and Interim Period the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to affecting the Assets or written notice of any material breach or default under the Leases or Contracts. The Seller shall notify Buyer of any Material Agreementwritten proposal from a third party to engage in any material transaction (e.g., a farmout) with respect to the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Empire Petroleum Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreementcontracts affecting the Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Infinity Energy Resources, Inc)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating of the type referred to the Assets in Section 6.7 or written notice of any material breach or default under any of the Material AgreementAgreements.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bill Barrett Corp)

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Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to affecting the Assets Assets, or written notice of any material breach or default under the Leases or any Material Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Empire Petroleum Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing DateClosing, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of proceeding, any violation, any material breach or default under any Material AgreementAgreement or Lease, or any other event that would have a material adverse impact upon any Asset.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Frontier Energy Inc)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating of the type referred to the Assets in Section 6.6 or written notice of any material breach or default under any Material AgreementContract.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Plains Exploration & Production Co)

Notices of Claims. Seller Sellers shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, either Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets by or before any Governmental Authority or written notice of any material breach or default under any Material AgreementContract affecting PCM or the Assets, or written notice of any claim or prospective claim affecting PCM or the Assets.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Endeavour International Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement Execution Date and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to affecting the Assets or any written notice of any material breach or default under the Leases or any Material AgreementContracts affecting the Assets.

Appears in 1 contract

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

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing DateDate and with respect to any Assets not transferred at Closing pursuant to Section 2.3, until such Assets are transferred, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (PetroHunter Energy Corp)

Notices of Claims. Seller shall promptly notify PurchaserBuyer, if, between the date of execution of this Agreement and the Closing Date, Seller receives written notice of any claim, suit, action or other proceeding relating to the Assets or written notice of any material breach or default under any Material Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Western Gas Partners LP)

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