Common use of Successor Operator Clause in Contracts

Successor Operator. CEP acknowledges and agrees that, on and after the Closing, an affiliate of ▇▇▇▇▇▇▇ shall remain the operator of the Company Assets with respect to the portions thereof which such affiliate presently operates. Upon ▇▇▇▇▇▇▇’▇ request, CEP shall, and shall cause the Company to, name such affiliate as an additional insured under all applicable liability insurance policies related to such Company Assets for so long as such affiliate remains the operator of such Company Assets.