Common use of Operatorship And Third Parties Clause in Contracts

Operatorship And Third Parties. Nothing in this Agreement shall be interpreted as any assurance by the Vendor that the Purchaser will be able to serve as operator with respect to any of the Assets in which interests are held by third parties, whether or not such Assets are presently operated by the Vendor.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Exco Resources Inc), Agreement of Purchase and Sale (Promax Energy Inc)

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Operatorship And Third Parties. Nothing in this Agreement agreement shall be interpreted as any assurance by the Vendor Seller that the Purchaser will be able to serve as operator with respect to any of the Assets in which interests are held by third parties, whether or not such Assets are presently operated by the VendorSeller.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cec Resources LTD)

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