Common use of Wellx Clause in Contracts

Wellx. Xxcept to the extent set forth on Schedule 4.1(x), to Seller's Knowledge, no well included in the Properties is subject to material penalties on allowables because of any overproduction or any other violation of Applicable Law. Except for the wellx xxxluded in the Properties and listed in Schedule 4.1(x), there are no wellx xxxluded in the Properties that Seller, the Subsidiaries or the Partnership, or to Seller's Knowledge the operator of such wellx, xxe currently obligated by Applicable Law, Applicable Environmental Law or order of any Governmental Authority to plug and abandon within a time certain or that have been shut-in or temporarily abandoned.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

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Wellx. Xxcept to the extent set forth on Schedule 4.1(x), to Seller's Knowledge, no well included in the Properties is subject to material penalties on allowables because of any overproduction or any other violation of Applicable Law. Except for the wellx xxxluded in the Properties and listed in Schedule 4.1(x), there are no wellx xxxluded in the Properties that Seller, the Subsidiaries Grande or the Partnership, or to Seller's Knowledge the operator of such wellx, xxe currently obligated by Applicable Law, Applicable Environmental Law or order of any Governmental Authority to plug and abandon within a time certain or that have been shut-in or temporarily abandoned.

Appears in 1 contract

Samples: Purchase Agreement (Tesoro Petroleum Corp /New/)

Wellx. Xxcept to the extent set forth on Schedule 4.1(x), to Seller's Knowledge, no well included in the Properties is subject to material penalties on allowables because of any overproduction or any other violation of Applicable Law. Except for the wellx xxxluded in the Properties and listed in Schedule 4.1(x), there are no wellx xxxluded in the Properties that Seller, the Subsidiaries Southeast or the Partnership, or to Seller's Knowledge the operator of such wellx, xxe currently obligated by Applicable Law, Applicable Environmental Law or order of any Governmental Authority to plug and abandon within a time certain or that have been shut-in or temporarily abandoned.

Appears in 1 contract

Samples: Purchase Agreement (Tesoro Petroleum Corp /New/)

Wellx. Xxcept to the extent set forth on Schedule 4.1(x), to Seller's Knowledge, no well included in the Properties is subject to material penalties on allowables because of any overproduction or any other violation of Applicable Law. Except for the wellx xxxluded in the Properties and listed in Schedule 4.1(x), there are no wellx xxxluded in the Properties that Seller, the Subsidiaries or the E&P Partnership, or to Seller's Knowledge the operator of such wellx, xxe currently obligated by Applicable Law, Applicable Environmental Law or order of any Governmental Authority to plug and abandon within a time certain or that have been shut-in or temporarily abandoned.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

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Wellx. Xxcept to the extent set forth on Schedule 4.1(x), to Seller's Knowledge, no well included in the Properties is subject to material penalties on allowables because of any overproduction or any other violation of Applicable Law. Except for the wellx xxxluded in the Properties and listed in Schedule 4.1(x), there are no wellx xxxluded in the Properties that Seller, the Subsidiaries Reserves LLC or the Partnership, or to Seller's Knowledge the operator of such wellx, xxe currently obligated by Applicable Law, Applicable Environmental Law or order of any Governmental Authority to plug and abandon within a time certain or that have been shut-in or temporarily abandoned.

Appears in 1 contract

Samples: Purchase Agreement (Tesoro Petroleum Corp /New/)

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