Common use of Substitution and Subrogation Clause in Contracts

Substitution and Subrogation. Insofar as is possible, each Party shall have full rights of substitution and subrogation in and to all covenants, representations and warranties by others previously given or made in respect of the Assets or any of them.

Appears in 13 contracts

Sources: Purchase and Sale Agreement (Centor Energy, Inc.), Asset Purchase Agreement (Samoyed Energy Corp), Purchase and Sale Agreement (Mogul Energy International, Inc.)

Substitution and Subrogation. Insofar as is possible, each Party party shall have full rights of substitution and subrogation in and to all covenants, representations and warranties by others previously given or made in respect of the Assets or any of them.

Appears in 5 contracts

Sources: Contribution Agreement (Quicksilver Resources Inc), Contribution Agreement (Quicksilver Resources Inc), Contribution Agreement (Johnstone Tank Trucking Ltd.)