Common use of Area of Mutual Interest and Other Agreements Clause in Contracts

Area of Mutual Interest and Other Agreements. Except for the areas of mutual interest set forth in the joint operating agreements described in Exhibit A, no Oil and Gas Property is subject to (or has related to it) any area of mutual interest agreements. No Oil and Gas Property is subject to (or has related to it) any farm-out or farm-in agreement, volumetric production payment, or other similar agreement under which any party thereto is entitled to receive assignments not yet made, or could earn additional assignments after the Effective Date.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Approach Resources Inc), Purchase and Sale Agreement (Magnum Hunter Resources Corp)

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