Operation by Seller Clause Samples
Operation by Seller. Upon closing, operation of the Chandeleur Interests previously operated by Manti will be turned over to, and become the responsibility of, Seller on behalf of Buyer in its capacity as Manager under the Management Agreement. Seller shall continue as Operator of the Brazos Interests, the Galveston Interests, and the High Island Interests and shall operate those Interests on behalf of Buyer in its capacity as Manager under the Management Agreement.
Operation by Seller. Seller agrees to manage the Property in its customary manner but in any and all events shall not be responsible for any diminution in value of or income from the Property.