Common use of Prior Operations Clause in Contracts

Prior Operations. Buyer hereby acknowledges that the Properties have ----------------- been utilized for the purpose of production and development of oil and gas and that there may have been spills of wastes, crude oil, produced water or other materials in the past onto the Properties or in connection therewith. In addition, some oil field production equipment may contain asbestos or naturally occurring radioactive material (hereinafter referred to as "NORM"). In this regard Buyer expressly understands the NORM may affix or attach itself to the inside of ▇▇▇▇▇, materials and equipment as scale, or in other forms, and that said ▇▇▇▇▇, materials and equipment located on the Properties or included therein may contain NORM and that NORM-containing, material may be buried or otherwise disposed of on the Properties. Buyer also expressly understands that special procedures may be required for the remediation, removal, transportation and disposal of asbestos and NORM from the Properties where it may be found, and Buyer assumes all responsibility and liability for or in connection with assessment, remediation, removal, transportation, and disposal of any such materials and associated activities in accordance with all rules, regulations and requirements of governmental agencies.

Prior Operations. Buyer hereby acknowledges that the Properties have ----------------- been utilized for the purpose of production and development of oil and gas and that there may have been spills of wastes, crude oil, produced water or other materials in the past onto the Properties or in connection therewith. In addition, some oil field production equipment may contain asbestos or naturally occurring radioactive material (hereinafter referred to as "NORM"). In this regard Buyer expressly understands the NORM may affix or attach itself to the inside of wells, materials and equipment as ▇▇▇▇▇, materials and equipment as scale, or in other forms, and that said wells, materials and equipment ▇▇▇▇▇, materials and equipment located ed on the Properties or included therein may contain NORM and that NORM-containing, material may be buried or otherwise disposed of on the Properties. Buyer also expressly understands that special procedures may be required for the remediation, removal, transportation and disposal of asbestos and NORM from the Properties where it may be found, and Buyer assumes all responsibility and liability for or in connection with assessment, remediation, removal, transportation, and disposal of any such materials and associated activities in accordance with all rules, regulations and requirements of governmental agencies.