Liability of Operator. Notwithstanding Section 10.1, Seller shall not be liable to Buyer for any claims, demands, causes of action, damages, or liabilities arising out of Seller’s operation of the Assets after the Effective Time except those arising from Seller’s gross negligence or willful misconduct or material breach of any material agreement applicable to such operations.
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Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Goodrich Petroleum Corp)
Liability of Operator. Notwithstanding Section 10.1, Seller shall not be liable to Buyer for any claims, demands, causes of action, damages, or liabilities arising out of Seller’s 's operation of the Assets Interests after the Effective Time except those arising from Seller’s 's gross negligence or willful misconduct or material breach of any material agreement applicable to such operationsmisconduct.
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