Operation and Condition of Tangibles. All tangible depreciable property or assets located within, on or about the Company Assets were or have been constructed, operated and maintained in accordance with good and prudent oil and gas industry practices and applicable Laws during all periods in which the Company or any of its Subsidiaries was the operator thereof and are in good condition and repair, ordinary wear and tear excepted, and are usable in the Ordinary Course.
Operation and Condition of Tangibles. The Petrofund Parties’ tangible depreciable property used or intended for use in connection with their oil and gas assets:
Operation and Condition of Tangibles. The Harvest Parties' tangible depreciable property used or intended for use in connection with their oil and gas assets:
Operation and Condition of Tangibles. The Viking Parties' tangible depreciable property used or intended for use in connection with their oil and gas assets:
Operation and Condition of Tangibles. Baytex's tangible depreciable property used or intended for use in connection with its oil and gas assets:
Operation and Condition of Tangibles. Raging River's tangible depreciable property used or intended for use in connection with its oil and gas assets:
Operation and Condition of Tangibles. The Penn West Parties’ tangible depreciable property used or intended for use in connection with their oil and gas assets:
Operation and Condition of Tangibles. Pengrowth’s tangible depreciable property used or intended for use in connection with its oil and gas assets: (i) for which Pengrowth was or is operator, was or has been constructed, operated and maintained in accordance with good and prudent oil and gas industry practices in Canada and all Applicable Laws during all periods in which Pengrowth was operator thereof and is in good condition and repair, ordinary wear and tear excepted, and is useable in the ordinary course of business; and (ii) for which Pengrowth was not or is not operator, to Pengrowth’s knowledge, was or has been constructed, operated and maintained in accordance with good and prudent oil and gas industry practices in Canada and all Applicable Laws during all periods in which Pengrowth was not operator thereof and is in good condition and repair, ordinary wear and tear excepted, and is useable in the ordinary course of business; except to the extent that such noncompliance with prudent oil and gas industry practices or Applicable Laws or failure to be in good condition and repair would not in the aggregate have a material adverse effect on Pengrowth.
Operation and Condition of Tangibles. Enerplus' tangible depreciable property used or intended for use in connection with its oil and gas assets:
Operation and Condition of Tangibles. Focus' tangible depreciable property used or intended for use in connection with its oil and gas assets:
