Common use of Substitution and Subrogation Clause in Contracts

Substitution and Subrogation. This Assignment is made with full substitution and subrogation of Assignee, its successors and assigns in and to all covenants and warranties heretofore given or made in respect to any of the Properties, and Assignor hereby assigns and conveys to Assignee all such covenants and warranties and all of Assignor's rights thereunder which correspond to the interests conveyed to Assignee hereunder.

Appears in 2 contracts

Sources: Purchase and Exploration Agreement (American Natural Energy Corp), Purchase and Exploration Agreement (American Natural Energy Corp)

Substitution and Subrogation. This Assignment is made with full substitution and subrogation of Assignee, its successors and assigns in and to all covenants and warranties heretofore given or made in respect to any of the Properties, and Assignor hereby assigns and conveys to Assignee all such covenants and warranties and all of Assignor's ’s rights thereunder which correspond to the interests conveyed to Assignee hereunderthereunder.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Gulf Onshore, Inc.)