ALLOCATION OF PRODUCTION Sample Clauses

ALLOCATION OF PRODUCTION. All unitized substances produced from a partici- pating area established under this agree- ment, except any part thereof used in con- formity with good operating practices within the unitized area for drilling, operating, and other production or development purposes, or for repressuring or recycling in accord- ance with a plan of development and oper- ations that has been approved by the AO, or unavoidably lost, shall be deemed to be pro- duced equally on an acreage basis from the several tracts of unitized land and unleased Federal land, if any, included in the partici- pating area established for such production. Each such tract shall have allocated to it such percentage of said production as the number of acres of such tract included in said participating area bears to the total acres of unitized land and unleased Federal land, if any, included in said participating area. There shall be allocated to the working interest owner(s) of each tract of unitized land in said participating area, in addition, such percentage of the production attrib- utable to the unleased Federal land within the participating area as the number of acres of such unitized tract included in said par- ticipating area bears to the total acres of unitized land in said participating area, for the payment of the compensatory royalty specified in section 17 of this agreement. Al- location of production hereunder for pur- poses other than for settlement of the xxx- xxxx, overriding royalty, or payment out of production obligations of the respective working interest owners, including compen- satory royalty obligations under section 17, shall be prescribed as set forth in the unit operating agreement or as otherwise mutu- ally agreed by the affected parties. It is here- by agreed that production of unitized sub- stances from a participating area shall be al- located as provided herein, regardless or whether any xxxxx are drilled on any par- ticular part or tract of the participating area. If any gas produced from one partici- pating area is used for repressuring or recy- cling purposes in another participating area, the first gas withdrawn from the latter par- ticipating area for sale during the life of this agreement shall be considered to be the gas so transferred, until an amount equal to that transferred shall be so produced for sale and such gas shall be allocated to the partici- pating area from which initially produced as such area was defined at the time that such transferred gas wa...
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ALLOCATION OF PRODUCTION. All unitized substances produced from each tract in the unitized area established under this agreement, except any part thereof used for production or development purposes hereunder, or unavoidably lost, shall be deemed to be produced equally on an acreage basis from the several tracts of the unitized land, and for the purpose of determining any benefits that accrue on an acreage basis, each such tract shall have allocated to it such percentage of said production as its area bears to the entire unitized area. It is hereby agreed that production of unitized substances from the unitized area shall be allocated as provided herein, regardless of whether any xxxxx are drilled on any particular tracts of said unitized area.
ALLOCATION OF PRODUCTION. All unitized substances produced undo this agreonent. except any part thereofused in conformity with good operating practices within (he unitized area for drilling, operating, and other production or developmoit purposes, or for repressuring or recycling in accordance with a plan of development and operations that has been approved by the AO,1 or unavoidably lost shall be deoned to be produced equally on an acreage basis from the several tractsofunitized land. Each such tract shall have allocated to it such percentage ofsaid production as the numbo ofacres of such tract bars to Ihe total acres of unitized land. There shell be allocated to the working interest owners) of the unitized land (excluding unleased Federal lands), arch pocentage of the production attributable to the unleased Federal and Indian tiusl land within the umtiod area as the numbo of acres of such unleased Federal land included in said unitized area bears to the total acres of unitized land subject to the payment of the compensatory royalty specified in section 13(b) ofthis agreement. Allocation of production hereundo for purposes xxxx than for setilemait of the royalty, overriding royalty, or payment out of production obligations of the respective working interest owners, including compensatory royalty obligations aider section 13, shall be prescribed as set forth in the unit opsating agreemou or as otherwise mutually agreed by the affected parties, wbethainccaifbnnitywiththebasisofallocarionlieremsetfarthorothenvise. ' - State
ALLOCATION OF PRODUCTION. 1. The Executive Agencies shall require the unit operator, on behalf of the Licensees and 60 days prior to the commencement of production from a Transboundary Reservoir, to initiate consultations on the allocation of production to each side of the Delimitation Line by submitting a proposal for the allocation of production for approval by the Executive Agencies to be applied from first production. The Executive Agencies shall, prior to any decision not in agreement with the proposal, jointly consult with the unit operator.
ALLOCATION OF PRODUCTION. In the event that Ostex does not meet the demand for Critical Reagents ordered pursuant to SECTION 6.3.1, Ostex shall allocate overall production of Critical Reagents (whether manufactured or purchased, and whether for Ostex's internal manufacturing or for Sale) such that Hologic and its designated manufacturer(s) receives the same proportion of the amount of the Critical Reagents it has ordered (pursuant to SECTION 6.3.1 hereto) as Ostex allocates to its own manufacture of products utilizing the NTx Assay Technology, or to its otherwise most favored non-end-user customer, whichever proportion is greater (measured as a proportion of total units of production), provided that Ostex shall not be required to sell to Hologic and its designated manufacturer(s) any more than thirty percent (30%) of its total production of any Critical Reagent during any quarter.
ALLOCATION OF PRODUCTION. (a) Such costs and expenses shall be allocated to Oil or Natural Gas and shall be recovered from the applicable Cost Recovery Oil or Cost Recovery Natural Gas in the following manner provided that any costs in respect of Exploration Operations, Development Operations and Production Operations shall only be recovered from Available Oil and Gas from the relevant Oil Field or Gas Field.
ALLOCATION OF PRODUCTION. 12.1 The Unit Operator shall pay all production royalties and make deliveries of oil and gas which are payments of royalties taken-in-kind or which, pursuant to the Act, are purchased by the United States. Unitized substances shall be allocated within the participating area(s) on (a) a volumetric basis of oil and gas in place under original reservoir conditions, or (b) a surface area basis, and proportionally credited to the respective leases committed hereto. The Unit Operator shall furnish the Regional Supervisor geological and engineering maps and data sufficient to support the net-acre feet determination for volumetric allocation between leases. Oil and gas produced from the unit area prior to the effective date of this Agreement shall not be allocated under this Agreement. The royalty payments under leases subject hereto shall be based and calculated upon the production allocated to the leases as specifically provided herein. The oil and gas saved, removed, or sold from the unit area shall be allocated in this manner, regardless of where any well is drilled and produced in the unit area.
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ALLOCATION OF PRODUCTION. 25 ARTICLE
ALLOCATION OF PRODUCTION. 9 2.18 EMBEDDED PERMITTED SYSTEM RESTRICTION; PRE-LOADED SIM................................9 2.19
ALLOCATION OF PRODUCTION. All production from the xxxxx and all proceeds from the sale thereof prior to the Effective Date and all other monetary payments attributable to the ownership, use or operation of the PROPERTY prior to the Effective Date shall be the property of SELLER. All of such production and production proceeds and monetary payments attributable to the PROPERTY on and after the Effective Date shall be the property of PURCHASER.
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