Common use of Acceptance of Prior Terms Clause in Contracts

Acceptance of Prior Terms. Farmee hereby ratifies, confirms and accepts the terms of the Underlying Leases and during the Interim Period, Farmee agrees to abide by the terms of such agreements to the extent of its Working Interest.

Appears in 1 contract

Samples: Farmout Agreement (New Frontier Energy Inc)

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Acceptance of Prior Terms. Farmee hereby ratifies, confirms and accepts the terms of the Underlying Leases and License Contract and, during the Interim Period, Farmee agrees to abide by the terms of such agreements the License Contract to the extent of its Working Participating Interest, including but not limited to, the provision of any and all guarantees that the Contractor is required to provide.

Appears in 1 contract

Samples: Farmout Agreement (Gulf United Energy, Inc.)

Acceptance of Prior Terms. Farmee hereby ratifies, confirms and accepts the terms of the Underlying Leases Contract (and JOA) and during the Interim Period, Farmee agrees to abide by the terms of such agreements to the extent of its Working Participating Interest.

Appears in 1 contract

Samples: Farmout Agreement (West Canyon Energy Corp.)

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Acceptance of Prior Terms. Farmee hereby ratifies, confirms and accepts the terms of the Underlying Leases and Contract during the Interim Period, Farmee and agrees to abide by the terms of such agreements to the extent of its Working Interestaforementioned agreement.

Appears in 1 contract

Samples: Out Agreement (La Cortez Energy, Inc.)

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