OPERATIONS LIABILITY. Buyer agrees to comply with all laws and governmental regulations with respect to the ownership of and all operations on the Properties, including abandonment of wells, the compliance with Applicable Environmental Law and regar▇▇▇▇ inactive or unplugged wells including bonding requirements (for which Buyer shall pro▇▇▇▇ Seller copies of appropriate documentation prior to Closing), and surface work as specified in the Leases or applicable law or regulation.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Chancellor Group Inc.), Purchase and Sale Agreement (Chancellor Group Inc.)