Surface Interests definition
Examples of Surface Interests in a sentence
Seller is in compliance in all material respects with the Leases and agreements creating Surface Interests, including all express and implied covenants thereunder, and no demands or notices of a material default or non-compliance have been issued to or received by Seller that have not been resolved.
All such Leases, ▇▇▇▇▇, Surface Interests, Personal Property, Sale Hydrocarbons, Contracts, Records, Stock Hydrocarbons and other assets described above are hereinafter collectively referred to as the “Assets” or, when used individually, an “Asset”.
Each of the Surface Interests described on Exhibit A-5 is legal, valid, binding, enforceable and in full force and effect.
Record title to any Fee Surface Interests will be transferred to ASSIGNEE by deed, which will incorporate the terms and conditions of this Agreement.
All of Seller’s Liabilities under the Assigned Surface Interests, but only to the extent such Liabilities are attributable to periods from and after the Effective Time.