Common use of Costs and Expenses of Development Xxxxx Clause in Contracts

Costs and Expenses of Development Xxxxx. All costs and expense associated with or paid or incurred in connection with the spudding, drilling, testing, completing and equipping for production, operating and/or plugging and abandoning of the Development Xxxxx shall be borne solely by XxxxXxxxx, but XxxxXxxxx may use any Subject Minerals in such operations without any duty to account to Trustee or the Trust.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement (SandRidge Mississippian Trust I), Development Agreement (Sandridge Energy Inc)

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Costs and Expenses of Development Xxxxx. All costs and expense expenses associated with or paid or incurred in connection with the spudding, drilling, testing, completing and equipping for production, operating and/or plugging and abandoning of the Development Xxxxx shall be borne solely by XxxxXxxxx, but XxxxXxxxx may use any Subject Minerals in such operations without any duty to account to the Trustee or the Trust.

Appears in 3 contracts

Samples: Development Agreement (Sandridge Energy Inc), Development Agreement (SandRidge Mississippian Trust II), Development Agreement (SandRidge Mississippian Trust II)

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Costs and Expenses of Development Xxxxx. All costs and expense expenses associated with or paid or incurred in connection with the spudding, drilling, testing, completing and equipping for production, operating and/or plugging and abandoning of the Development Xxxxx shall be borne solely by XxxxXxxxx, but XxxxXxxxx may use any Subject Minerals in such operations without any duty to account to Trustee or the Trust.

Appears in 3 contracts

Samples: Development Agreement (Sandridge Energy Inc), Development Agreement (SandRidge Permian Trust), Development Agreement (SandRidge Permian Trust)

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