Carry Xxxxx Sample Clauses

Carry Xxxxx. (a) Liberty hereby commits to drill, complete and equip one (1) Horizontal Well targeting the Berea Sandstone Geologic Interval for each 1,000 net mineral acres acquired by Nytis in the New Area (collectively, the “Carry Xxxxx”) as proposed and operated by Nytis; provided, however, that in no event shall the number of Carry Xxxxx drilled pursuant to this Agreement exceed twenty (20).
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Carry Xxxxx. (a) Liberty shall commit to drill, complete and equip ten (10) Horizontal Xxxxx targeting the Berea Sandstone Geologic Interval (the “Drilling Commitment Carry Xxxxx”) as proposed and operated by Nytis on the lands in the Berea Sandstone Program. Nytis shall use its best efforts to spud the first Drilling Commitment Carry Well on or before the date which is thirty (30) days following the Closing, and shall drill such Drilling Commitment Carry Well in accordance with an AFE in the form attached hereto as Exhibit D.
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Carry Xxxxx. (a) Carbon TN Mining Co hereby commits to participate in the drilling, completing and equipping of up to twenty (20) Carry Xxxxx, subject to the terms hereof, which will be operated by Operator on the lands in the Tennessee Mining Tract.
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Carry Xxxxx. In order to avoid its reassigment obligations under Section 4.1 above, Carrizo must: (1) commence drilling not less than three Carry Xxxxx before the end of the Drilling Period at locations of Carrizo’s choice on the Leases or on lands pooled therewith, and (2) carry Seller for a 33 1/3 percent working interest on all costs through the tanks of each of said three Carry Xxxxx; provided, however that Seller’s working interest in a Carry Well shall be proportionately reduced if the Leases owned by Carrizo do not cover 100% of the drilling and spacing unit that shall be established for such Carry Well, if Carrizo does not own 100% of the lessee’s interest in such leases, or if the landowners in said Leases do not own the full mineral interest in the lands covered thereby. In the event that such proportionate reduction results in Seller being carried for less than the equivalent of 100% of one well, in the aggregate, with respect to the first three Carry Xxxxx, Carrizo shall have the obligation to carry Seller in an additional well or xxxxx, during or after the Drilling Period, so that Seller is carried for the equivalent of 100% of one well. In addition, Seller shall proportionately benefit from any non-consent penalty paid to Carrizo with respect to any of the xxxxx in which it is being carried. By way of clarity, it is the intent of this Carry Well provision that Seller’s position in a Carry Well shall be equal to 33 1/3 percent of Carrizo’s working interest in such well. As used herein, the term “Carry Well” means a well that satisfies both of the following conditions: (1) such well is drilled as a horizontal well in the Niobrara formation (i.e., a well in which the wellbore deviates from approximate vertical orientation to approximate horizontal orientation in order to drill within and test a geological interval, using deviation equipment, services and technology); and (2) such well is spudded after Carrizo acquires 3D seismic data covering all or a portion of the Leases unless either: (a) Seller has agreed in writing that such well qualifies as a Carry Well notwithstanding that it is drilled prior to Carrizo’s acquisition of 3D seismic data covering all or a portion of the Leases, or (b) such well is drilled in Section 26, Township 8 North, Range 61 West, 6th P.M., Weld County, Colorado. No provision of this Agreement prohibits or restricts Carrizo from drilling a well or xxxxx on the Leases during the Drilling Period that do not qualify as Carry Xxxxx as...
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Related to Carry Xxxxx

  • /s/ Xxxxx X Xxxx ------------------ ..................

  • /s/ Xxxxxx X Xxxxx ------------------- ..................

  • Hart-Xxxxx-Xxxxxx Xxe provisions of the Hart-Xxxxx-Xxxxxx Xxx are not applicable to the transactions contemplated hereby and neither the Corporation nor Seller is required to make any filings or submissions to obtain any approvals thereunder in connection herewith.

  • Xxxx-Xxxxx-Xxxxxx Notwithstanding any other provision in this Agreement, in the event the Xxxx Xxxxx Xxxxxx Antitrust Improvements Act of 1976, as amended (the “HSR Act”), is applicable to any Member by reason of the fact that any assets of the Company will be distributed to such Member in connection with the dissolution of the Company, the distribution of any assets of the Company shall not be consummated until such time as the applicable waiting periods (and extensions thereof) under the HSR Act have expired or otherwise been terminated with respect to each such Member.

  • Xxxx Xxxxx Xxxxx Xx (In this Agreement, the Lender and the Borrowers are individually referred to as a “Party”, collectively the “Parties”)

  • Xxxx Xxxxxx 97. Xxxxx X. Xxxxx Trust, dated February 26, 1998, Xxxxxxxx X. Xxxxxxxx, Trustee

  • XX XXXXXXX XXXXXXX xxx undersigned, being the sole trustee of the Trust, has executed this Certificate of Trust as of the date first above written. Wilmington Trust Company, not in its individual capacity but solely as owner trustee under a Trust Agreement dated as of February 13, 2002 By:_____________________________________ Name: Title: EXHIBIT C [FORM OF RULE 144A INVESTMENT REPRESENTATION] Description of Rule 144A Securities, including numbers: -------------------------------------------------------------- -------------------------------------------------------------- -------------------------------------------------------------- -------------------------------------------------------------- The undersigned seller, as registered holder (the "Seller"), intends to transfer the Rule 144A Securities described above to the undersigned buyer (the "Buyer").

  • Xxxxx Xxxxx The Xxxxx Xxxxx is the price per Share set forth above.

  • Xxxxxx, Xxxxxx X Xxxxxx has been with the Office of the Chairman of Insignia 000 Xxxx Xxxxxx and has been Chairman of Insignia/ESG, Inc. since July 1996. Prior to New York, NY 10166 July 1996, Xx. Xxxxxx'x principal employment for more than the prior five years was as a founder and Chairman of Xxxxxx X. Xxxxxx Company, Incorporated ("ESG"), a commercial property management and brokerage firm located in New York, New York that was acquired by Insignia in June 1996.

  • Xxxxx Xxxxxx Notary Public My Commission expires October 4, 2010 EXHIBIT A FORM OF ASSIGNMENT AND CONVEYANCE AGREEMENT On this _____ day of __________ 20___, FOR GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH IS HEREBY ACKNOWLEDGED, XXXXX FARGO BANK, N.A. (the "Seller") as the Seller under that certain Second Amended and Restated Master Mortgage Loan Purchase Agreement, ("Purchase Agreement") and as the Company under that certain Second Amended and Restated Master Seller's Warranties and Servicing Agreement (the "Servicing Agreement") each dated as of May 1, 2006, (collectively, the "Agreements"), the terms of which are incorporated by reference herein, does hereby sell, transfer, assign, set over and convey to Bank of America, National Association as the Purchaser (the "Purchaser") under the Agreements, and Purchaser hereby accepts from Seller, without recourse, but subject to the terms of the Agreements, all right, title and interest of, in and to each of the (i) Company Mortgage Loans listed on the related Mortgage Loan Schedule attached hereto as Schedule I, (ii) Exception Mortgage Loans, identifying the related exceptions, listed on the Mortgage Loan Schedule attached hereto as Schedule II and (iii) Third-Party Mortgage Loans listed on the Mortgage Loan Schedule attached hereto as Schedule III (collectively, the "Mortgage Loan"), together with the Custodial Mortgage Files and all rights and obligations arising under the documents contained therein. Pursuant to Section 2.03 of the Servicing Agreement, the Seller has delivered to the Custodian the documents REQUIRED TO BE DELIVERED UNDER THE AGREEMENTS for each Mortgage Loan to be purchased. The Servicing Files and the Retained Mortgage Files retained by the Seller pursuant to Section 2.01 of the Servicing Agreement shall be appropriately marked to clearly reflect the sale of the related Mortgage Loans to the Purchaser. The Company hereby makes the representations and warranties set forth in Section 3.01 and for each of the Mortgage Loans, Section 3.02 of the Servicing Agreement as of the date hereof. Attached hereto as Exhibit A is a copy of the Third-Party Underwriting Guidelines relating to the Third-Party Mortgage Loans listed on the Mortgage Loan Schedule attached hereto as Schedule III. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Agreements. BANK OF AMERICA, XXXXX FARGO BANK, N.A. NATIONAL ASSOCIATION PURCHASER COMPANY By: By: ---------------------------------- ----------------------------------- Name: Name: -------------------------------- --------------------------------- Title: Title: ------------------------------- -------------------------------- Exhibit A-1 SCHEDULE I COMPANY MORTGAGE LOANS MORTGAGE LOAN SCHEDULE Exhibit A-2 SCHEDULE II EXCEPTION MORTGAGE LOANS MORTGAGE LOAN SCHEDULE Exhibit A-3 SCHEDULE III THIRD-PARTY MORTGAGE LOANS MORTGAGE LOAN SCHEDULE Exhibit A-4 EXHIBIT A THIRD-PARTY UNDERWRITING GUIDELINES Exhibit A-5 EXHIBIT B FORM OF ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT ____________, 20__ ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this "Agreement"), dated ___________________, 20__ among _________________, a _________________ corporation having an office at _________________ ("Assignor") and _________________, having an office at _________________ ("Assignee") and Xxxxx Fargo Bank, N.A. (the "Company"), having an office at 0 Xxxx Xxxxxx, Xxx Xxxxxx, Xxxx 00000-0000: For and in consideration of the sum of one dollar ($1.00) and other valuable consideration the receipt and sufficiency of which are hereby acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:

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