SALE AND PURCHASE OF THE PROPERTIES Sample Clauses

SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions ----------------------------------- and for the consideration herein set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Seller at Closing, but effective as of 8:00 a.m. at the location of each of the Gas Properties on November 1, 2003 (the "Effective Date"), all of the interest of Seller in and to the following properties, other than the Excluded Assets ("Proper-ties"):
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SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing, but effective as of 7:00 a.m. on October 1, 1996 (the Effective Date), the Properties. The term "Properties" shall mean:
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (as hereinafter defined), but effective as of August 1, 2000, (the "Effective Date"), 12.2449% of Seller's 12.25% right, title and interest, it being the intent to convey 1.5% working interest to Buyer. The net revenues being acquired are set out on Exhibit "B" attached hereto and made a part hereof.
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (defined in Article 12., below) but effective as of 7:00 a.m., Central Time, on July 1, 2007 (the "Effective Date"), all of Seller's right, title and interest in the oil and gas lease leases (the "Leases") and wells located thereon (the "Wells") which are described in Exhibit "A" attached hereto, together with all other interests, if any, owned by Seller, in, to and under the Leases and Wells, including rights of way and easements associated with the operation of the Wells, and all contracts relating thereto; and, also, all of Seller's right, title and interest in the equipment located on or appurtenant to the Leases and used exclusively in connection with the operation of a Well (collectively the "Properties"). It is expressly understood that the Properties shall include all oil and gas leases affecting lands and minerals owned by Seller in whole or in part related to the Wells, all producing and non-producing wells located thereon (including all oil and gas wells and disposal wells) together with all surface and down hole equipment therein and well files for each of the Wells.
SALE AND PURCHASE OF THE PROPERTIES. On the Closing Date, but effective as of the Effective Time, and upon the terms and conditions set forth in this Agreement: (a) Seller shall sell, assign and convey to Purchaser, and Purchaser shall purchase and accept from Seller, the Properties; provided, however, that the Properties shall not include any of the Excluded Properties and Seller expressly excepts, reserves and retains, unto itself, its Affiliates, successors and assigns, the Excluded Properties; and (b) Purchaser shall assume the Assumed Obligations.
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (as hereinafter defined), but effective as of May 1, 1999, (the "Effective Date"), Fifty Percent (50%) of Seller's right, title and interest, that Seller acquired from EXCO Resources, Inc. under Purchase and Sale Agreement dated May 24, 1999.
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer and Buyer agrees to purchase and acquire from Seller at the Closing (defined in Article 12, below) but effective as of 7:00 a.m., Central Time, on April 1, 1998 (the "Effective Date"), all of Seller's right, title and interest in each property set forth on Exhibit A ("Units and Wells"), Exhibit B ("Leases, Rights-of-Way and Easements"), all other interest, if any, owned by Seller, in, to and under the Units, Wells, Leases, Rights of Way and Easements and all contracts relating thereto; and as of the Closing Date, all of Seller's right, title and interest in the equipment located on or appurtenant to a Lease and used exclusively in connection with the operation of a Well as well as the items listed on Exhibit C, to include the assignment of a seismic license in relation to seismic data (to the extent that Seller has the right to assign such data) associated with the North Crowley field ("Pipelines and Other Personal Property" and, collectively, "Properties").
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms and conditions herein set forth, Seller agrees to sell, assign, convey and deliver to Buyer, and Buyer agrees to purchase and acquire from Seller, at the Closing (as hereinafter defined), but effective as of 12:01 A.M. on January 1, 2003 (the "Effective Date"), all of the interest of Seller (which represents 100% of Seller's working interest, net revenue interest, and overriding royalty interest, if applicable, in each property) set forth on Exhibits "A" ("wells" and "units") and "B" ("leases") attached hereto and made a part hereof, and all other interest, if any, owned by Seller, in, to and under such wells, units and leases, all equipment and facilities appurtenant thereto, and all information, "Data" (as defined in Section 19.3 hereof) and contracts relating thereto (all of the above being hereinafter referred to collectively as the "Properties").
SALE AND PURCHASE OF THE PROPERTIES. Subject to the terms of this Agreement, Seller agrees to sell, assign and convey (or cause to be sold, assigned and conveyed) unto Purchaser, and Purchaser agrees to purchase, assume and accept from Seller, the Properties. The parties agree that the value of the Properties has been allocated based upon the Allocated Purchase Prices.