Operations by Seller. Seller shall operate the Interests until the closing at which time the operations will be turned over to and become the responsibility of Buyer. The risk of casualty loss relating to the Interests shall pass from Seller to Buyer on the Closing Date. 23.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Universal Property Development & Acquisition Corp), Purchase and Sale Agreement (Heartland Oil & Gas Corp)
Operations by Seller. Seller shall operate the Interests until the closing Closing at which time the operations will be turned over to and become the responsibility of Buyer. The risk of casualty loss relating to the Interests shall pass from Seller to Buyer on the Closing Date. 23.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Universal Property Development & Acquisition Corp)