Common use of Notices to Third Parties Clause in Contracts

Notices to Third Parties. SELLER and PURCHASER shall notify all lessors, royalty owners, operators, non-operators, purchasers of production and Governmental Bodies that PURCHASER has purchased the Oil & Gas Interests and has assumed liability for their continued operation from and after the Closing. PURCHASER and SELLER shall execute all transfer orders/division orders or letters in lieu of transfer orders necessary to transfer payment of the proceeds from the sale of production from the Oil & Gas Interests as of the Effective Time to PURCHASER.

Appears in 1 contract

Sources: Asset Purchase Agreement (Apache Corp)

Notices to Third Parties. SELLER and PURCHASER shall notify all lessors, royalty owners, operators, non-operators, purchasers of production and Governmental Bodies governmental agencies that PURCHASER has purchased the Oil & Gas Interests and has assumed liability for their continued operation from and after the Closing. PURCHASER and SELLER shall execute all any transfer orders/orders and division orders or letters in lieu of transfer orders necessary to transfer payment of the proceeds from the sale of production from the Oil & Gas Interests as of the Effective Time to PURCHASER.

Appears in 1 contract

Sources: Asset Purchase Agreement (McMoran Exploration Co /De/)

Notices to Third Parties. SELLER and PURCHASER shall notify all lessors, royalty owners, operators, non-operators, purchasers of production and Governmental Bodies governmental agencies that PURCHASER has purchased the Oil & Gas Interests and has assumed liability for their continued operation from and after the Closing. PURCHASER and SELLER shall execute all transfer orders/orders and division orders or letters in lieu of transfer orders necessary to transfer payment of the proceeds from the sale of production from the Oil & Gas Interests as of the Effective Time to PURCHASER.

Appears in 1 contract

Sources: Asset Purchase Agreement (Energy Partners LTD)

Notices to Third Parties. SELLER and PURCHASER Purchaser shall notify all lessors, royalty owners, operators, non-operators, purchasers of production production, other contract parties and Governmental Bodies governmental agencies that PURCHASER Purchaser has purchased the Oil & Gas Interests and has assumed liability for their continued operation from and after the Closing. PURCHASER Purchaser and SELLER Seller shall execute all transfer orders/, division orders or letters in lieu of transfer orders orders, joinders and ratifications necessary to transfer payment of the proceeds from the sale of production from the Oil & Gas Interests as of the Effective Time to PURCHASERPurchaser.

Appears in 1 contract

Sources: Asset Purchase Agreement (W&t Offshore Inc)