Common use of Reservations and Exceptions Clause in Contracts

Reservations and Exceptions. Sale and purchase of the Interests is made subject to all reservations, exceptions, limitations, contracts and other burdens or instruments which are of record or of which Buyer has actual notice, other than those caused or created by Seller or those such as would constitute a breach of Seller’s representations, warranties and covenants. 15.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Heartland Oil & Gas Corp), Purchase and Sale Agreement (Universal Property Development & Acquisition Corp)

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Reservations and Exceptions. Sale and purchase of the Interests is made subject to all reservations, exceptions, limitations, contracts and other burdens or instruments which are of record or of which Buyer has actual or constructive notice, other than those caused including any matter included or created referenced in the materials made available by Seller or those such as would constitute a breach of Seller’s representations, warranties and covenants. 15to Buyer.

Appears in 2 contracts

Samples: Purchase and Sales Agreement (Rocky Mountain Energy Corp), Purchase and Sales Agreement (Rocky Mountain Energy Corp)

Reservations and Exceptions. Sale and purchase of the Interests is made subject to all reservations, exceptions, limitations, contracts and other burdens or instruments which are of record or of which Buyer has actual noticeare listed on Exhibits A, other than those caused A-1, or created by Seller or those such as would constitute a breach of Seller’s representations, warranties and covenants. 15B hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

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Reservations and Exceptions. Sale and purchase of the Interests is made subject to all reservations, exceptions, limitations, contracts and other burdens or instruments which are of record or of which Buyer has actual notice, other than those caused or created by Seller or those such as would constitute a breach of Seller’s representations, warranties and covenants. 15.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Universal Property Development & Acquisition Corp)

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