Common use of Special Warranty Clause in Contracts

Special Warranty. Subject to 0, from and after the Closing, Seller shall warrant title to the Wellbores and Leases conveyed, subject to the Permitted Encumbrances, unto Buyer, its successors and assigns, against all Persons claiming or to claim the same or any part thereof by, through or under Seller, but not otherwise. The Parties acknowledge and agree that the foregoing warranty shall constitute and be considered a special warranty of title by, through and under Seller under the applicable Laws of the State of Texas. EXCEPT AS PROVIDED IN THE FIRST TWO SENTENCES OF THIS SECTION 0 (the “Special Warranty”), BUYER ACKNOWLEDGES THAT SELLER AND ITS REPRESENTATIVES HAVE NOT MADE, AND SELLER HEREBY EXPRESSLY DISCLAIMS AND NEGATES, AND BUYER HEREBY EXPRESSLY WAIVES, ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE, WITH RESPECT TO SELLER’S TITLE TO ANY OF THE ASSETS.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Sanchez Production Partners LP)

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Special Warranty. Subject to 0Section 12.1, from and after the Closing, Seller shall warrant title to the Wellbores and Leases conveyed, subject to the Permitted Encumbrances, unto Buyer, its successors and assigns, against all Persons claiming or to claim the same or any part thereof by, through or under Seller, but not otherwise. The Parties acknowledge and agree that the foregoing warranty shall constitute and be considered a special warranty of title by, through and under Seller under the applicable Laws of the State of Texas. EXCEPT AS PROVIDED IN THE FIRST TWO SENTENCES OF THIS SECTION 0 6.12 (the “Special Warranty”), BUYER ACKNOWLEDGES THAT SELLER AND ITS REPRESENTATIVES HAVE NOT MADE, AND SELLER HEREBY EXPRESSLY DISCLAIMS AND NEGATES, AND BUYER HEREBY EXPRESSLY WAIVES, ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE, WITH RESPECT TO SELLER’S TITLE TO ANY OF THE ASSETS.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sanchez Energy Corp)

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Special Warranty. Subject to 0Section 9.1, from and after the Closing, Seller shall warrant title to the Wellbores and Leases conveyed, subject to the Permitted Encumbrances, unto Buyer, its successors and assigns, against all Persons claiming or to claim the same or any part thereof by, through or under Seller, but not otherwise. The Parties acknowledge and agree that the foregoing warranty shall constitute and be considered a special warranty of title by, through and under Seller under the applicable Laws of the State of Texas. EXCEPT AS PROVIDED IN THE FIRST TWO SENTENCES OF THIS SECTION 0 6.8 (the “Special Warranty”), BUYER ACKNOWLEDGES THAT SELLER AND ITS REPRESENTATIVES HAVE NOT MADE, AND SELLER HEREBY EXPRESSLY DISCLAIMS AND NEGATES, AND BUYER HEREBY EXPRESSLY WAIVES, ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE, WITH RESPECT TO SELLER’S TITLE TO ANY OF THE ASSETS.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sanchez Energy Corp)

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