Common use of Change of Operatorship Clause in Contracts

Change of Operatorship. As promptly as practicable after Closing, the Existing Member shall file all change of operator forms required for the operation of the Assets or the Business with the applicable Governmental Authorities. The Company shall use its commercially reasonable efforts to ensure that such change of operator forms are approved as promptly as practicable after Closing.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (LyondellBasell Industries N.V.), Membership Interest Purchase Agreement