Special Inventories. Special inventories may be taken whenever there is any sale, change of interest, or change of Operator in the Joint Property. It shall be the duty of the party selling to notify all other Parties as quickly as possible after the transfer of interest takes place. In such cases, both the seller and the purchaser shall be governed by such inventory. In cases involving a change of Operator, all Parties shall be governed by such inventory.
Special Inventories. Whenever there is a sale or change of interest in the Agreement, a special inventory may be taken by the Operator provided the seller and/or purchaser or such interest agrees to bear all the expense thereof. In such cases, both the seller and the purchaser shall be entitled to be represented and shall be governed by the inventory so taken.
Special Inventories. Whenever there is a sale or change of interest in the Agreement, a special inventory may be taken by Paltar provided the seller and/or purchaser of such interest agrees to bear all of the expense thereof. In such cases, both the seller and the purchaser shall be entitled to be represented and shall be governed by the inventory so taken.
Special Inventories. Special Inventories may be taken whenever there is any sale or change of interest in the Joint Property. It shall be the duty of the party selling to notify all other Parties as quickly as possible after the transfer of interest taken place. In such cases, both the seller and the purchaser shall be governed by such inventory.
Special Inventories. Special inventories may be taken, at the expense of the requesting Party, whenever there is any sale or change of Percentage Interest in the JV Activities or part thereof and it shall (subject to the Agreement) be the duty of the party assigning to notify all other Parties hereto as quickly as possible that the transfer of interest is to take place. In such cases, both the assignor and the assignee shall be represented and shall be bound by the inventory so taken.
Special Inventories. Whenever there is a sale or change of a Percentage Interest under the Association Contract, a special inventory may be taken by the Operator provided the seller and/or purchaser of such Percentage Interest agrees to bear all of the expense thereof. In such cases, both the seller and the purchaser will be entitled to be represented and will be governed by the inventory so taken.
Special Inventories. Special inventories may be taken at the expense of the purchaser whenever there is a sale or change in the Participating Interests. In such event, both the vendor and the purchaser shall be represented and shall be governed by the inventory so taken.
Special Inventories. The expense of conducting inventories other than those described in Sections V.1 (Directed Inventories), V.2.A (Operator Inventories), or V.2.B (Non-Operator Inventories), shall be charged to the Party requesting such inventory; provided, however, inventories required due to a change of Operator shall be charged to the Joint Account in the same manner as described in Section V.1 (Directed Inventories). EXHIBIT D to the Operating Agreement (Tennessee) INSURANCE Insurance Coverages Operator, at all times while conducting operations under the Operating Agreement to which this Exhibit is attached, shall carry the following insurance:
Special Inventories. Whenever there is a sale or change of Interest in the Mineral Rights, the Property or the Assets, a special inventory may be taken by the Manager, provided the seller or purchaser or such Interest requests such inventory and agrees to bear all of the expense thereof. In such cases, both the seller and the purchaser shall be entitled to be represented. A special inventory shall be required when there is a change in the Manager. The cost of the latter inventory will be charged to the Joint Account when the change in the Manager does not come about as the result of a sale of the former Manager's Interest.
Special Inventories. Special inventories may be taken at the expense of a purchaser of a Party's Periodic Inventory whenever there is any sale or change of interest in the Joint Property; and it shall be the duty of the Participant selling to notify all other Participants hereto as quickly as possible after the transfer of interest takes place. In such cases, both the seller and the purchaser shall be represented and shall be governed by the inventory so taken. EXHIBIT B1 INSURANCE
