Areas of Mutual Interest Sample Clauses

Areas of Mutual Interest. No Asset is subject to (or has related to it) any area of mutual interest agreement, or any farmout agreement, farmin agreement or similar agreement under which any party thereto is entitled to receive assignments not yet made, or could earn additional assignments after the Effective Time.

Areas of Mutual Interest. 7.1 EOS and BUCCANEER hereby designate an area of mutual interest (the "AMI") pursuant to which EOS and BUCCANEER shall each have a right to participate in the exploration for, development, and production of hydrocarbons pursuant to additional non-producing oil and gas leases, which leases may be acquired by either Party. The AMI includes the area within the red border line depicted on the map attached hereto as EXHIBIT D. 7.2 If, during the duration of the AMI as hereafter set forth, either EOS or BUCCANEER should acquire ("Acquiring Party") any oil and gas lease, leasehold interest or mineral interest by any means including, but not limited to, purchase, top lease, farmins, farmouts, farmout options, or acreage contributions, within the AMI, then the Acquiring Party shall deliver, within five (5) business days of such acquisition, a notice to the non-Acquiring Party, in writing, of such acquisition setting forth the nature of the interest acquired, all terms, provisions and contracts related to the acquisition (along with copies of all documents relating to the acquisition or rights to earn a leasehold or mineral interest) and the price paid therefor. 7.3 The non-Acquiring Party shall have a period of twenty (20) days following the receipt of such notice to elect in writing to purchase at the Acquiring Party's cost a proportionate share (as defined below) of such acquisition by: (a) delivering a notice, in writing, during such twenty (20) day period, to the Acquiring Party notifying the Acquiring Party that such non-Acquiring Party elects to acquire its proportionate share of such acquisition; and (b) within twenty (20) days after the expiration of the twenty (20) day period applicable to the election notice described in clause (a) above, remitting the required payment to the Acquiring Party. 7.4 As used in this section, the term "proportionate share" means, in each case as adjusted pursuant to the last sentence of Section 7.5 below, fifty per cent (50%) in the case of EOS, and fifty per cent (50%) in the case of BUCCANEER. 7.5 The Acquiring Party shall assign, by form of assignment containing reasonable and customary terms and conditions, to be mutually agreed by the Parties, to the Party electing to participate in the acquisition, its proportionate share of such acquired interest, subject to a like proportionate share of the costs and obligations relating thereto; in each case such proportionate share shall be equal to the proportionate share of such P...

Areas of Mutual Interest. Renewal SA and the Office of Housing Regulation share an interest in the following functions: Asset Management Renewal XX XXX Financial Viability and Sustainability Renewal XX XXX Complaint Handling Industry Engagement and Development Renewal XX XXX

Areas of Mutual Interest. Except as disclosed in any of the Delta Contracts, no material Delta Asset is subject to (or has related to it) any area of mutual interest agreement.

Areas of Mutual Interest. Except as disclosed in any of the Laramie Contracts, no material Laramie Asset is subject to (or has related to it) any area of mutual interest agreement.

Areas of Mutual Interest. There are no active area of mutual interest provisions in any of the Title and Operating Documents or other agreements or documents to which the Assets are subject; and

Areas of Mutual Interest. Neither Gran Tierra nor any Gran Tierra Subsidiary is bound by or subject to active area of mutual interest covenants.

Areas of Mutual Interest. Except as set forth on Schedule 4(a)(xi), no Oil and Gas Property is subject to (or has related to it) any area of mutual interest agreements.

Areas of Mutual Interest. (i) Area of mutual interest created under Article XV.B of Operating Agreement dated May 1, 2006, between El Paso Production Company, as Operator, and Pogo Producing Company, Aurora Energy, Ltd., Aurora Operating, L.L.C., and New Albany - Indiana, LLC, as Non-Operators, covering the South Lyons Prospect Area (Initial Test - Bogard 1-10H), Grexxx Xounty Indiana, a memorandum of xxxxx is recorded in Xxxx 06, Page 840, Instrument Number 200600003777, Public Records of Greene County, Indiana. (ii) Area of mutual interest established in Farmout and Participation Agreement dated as of July 19, 2005, between Aurora Energy, Ltd., and Wabash Energy Partners, as Farmors, and JetEx LLC, as Farmee, covering lands located in Green, Clay, and Owens Counties, Indiana. (iii) Area of mutual ixxxxxst established in Exploration Agreement dated as of November 1, 2005, between Aurora Energy, Ltd., and New Albany - Indiana, LLC, covering lands located in Greene, Sullivan, Owen, and Clay Counties, Indiana. (iv) Arxx xf mutual interest established in Exploration Agreement dated April 7, 2006 by and among Source Rock Resources, Inc., New Albany-Indiana, LLC, and Aurora Energy, Ltd., covering lands located in Knox and Sullivan Counties, Indiana.

Areas of Mutual Interest. To Seller’s Knowledge, except as set forth on Schedule 4.35 (a) no Asset is subject to (or has related to it) any area of mutual interest agreements or any farm-out or farm-in agreement under which any party thereto is entitled to receive assignments not yet made, or could earn additional assignments from and after the date of this Agreement and (b) since the date of this Agreement, none of Seller or any of its Affiliates has received any notice (whether written or oral) from any Person with respect to such Person’s (or any of its Affiliates’) acquisition of, or intention to acquire, any assets, properties or other interests with respect to which Seller or any of its Affiliates has a right (whether arising under or pursuant to any Applicable Contract or otherwise) to elect to participate in the acquisition or intended acquisition (or to otherwise acquire all or any portion) of such assets, properties or other interests.