Common use of Plugging and Abandonment Clause in Contracts

Plugging and Abandonment. Except as shown on Schedule 3.1(z), there are no ▇▇▇▇▇ located on the Leases (i) with respect to which, to the Knowledge of the Sellers and the Companies, any Seller or any Company has received a written order from any Governmental Authority requiring, or any written Claim from any other Person requesting or demanding that, such ▇▇▇▇▇ be plugged and abandoned, or (ii) that have been plugged and abandoned but have not been plugged and abandoned in accordance with applicable Contracts and the requirements of each Governmental Authority having jurisdiction over the subject Properties.

Appears in 2 contracts

Sources: Purchase Agreement (Concho Resources Inc), Common Stock Purchase Agreement (Concho Resources Inc)

Plugging and Abandonment. Except as shown on Schedule 3.1(z3.1(v), there are no ▇▇▇▇▇ located on the Leases (i) with respect to which, to the Knowledge of the Sellers and the CompaniesSellers, any Seller or any Company has received a written order from any Governmental Authority requiring, or any written Claim from any other Person requesting or demanding that, such ▇▇▇▇▇ be plugged and abandoned, or (ii) that have been plugged and abandoned but have not been plugged and abandoned in accordance with applicable Contracts and the requirements of each Governmental Authority having jurisdiction over the subject Properties.

Appears in 1 contract

Sources: Purchase Agreement (Linn Energy, LLC)