Common use of Damages and Losses to Joint Property Clause in Contracts

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from Operator’s gross negligence or willful misconduct. Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them has been received by Operator.

Appears in 6 contracts

Samples: Joint Operating Agreement, Golden Lane Participation Agreement (New Source Energy Partners L.P.), Operating Agreement (RICHFIELD OIL & GAS Co)

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Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from Operator’s gross negligence or willful misconduct. Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 3 contracts

Samples: Amendment Agreement (Alamo Energy Corp.), Operating Agreement (EV Energy Partners, LP), Operating Agreement (Belden & Blake Corp /Oh/)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other causecauses, except those resulting from Operator’s 's gross negligence or willful misconduct. Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 3 contracts

Samples: Operating Agreement (Velocity Oil & Gas, Inc.), Operating Agreement (Beta Oil & Gas Inc), Operating Agreement (Beta Oil & Gas Inc)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from Operator’s gross negligence or willful misconductmisconduct or intentional violation of applicable law or breach of the Agreement. Operator shall furnish Non-Operator System Owners written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 3 contracts

Samples: Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from to the extent that the damage or loss could have been avoided through the exercise of reasonable diligence on the part of Operator’s gross negligence or willful misconduct. Operator shall furnish Non-Operator Operators written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 2 contracts

Samples: Unit Agreement (Resaca Exploitation, Inc.), Unit Agreement (Resaca Exploitation, Inc.)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred Incurred by fire, flood, storm, theft, accident, or other causecauses, except those resulting from Operator’s 's gross negligence or willful misconduct. misconduct Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 1 contract

Samples: Joint Operating Agreement (West Texas Resources, Inc.)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from Operator’s 's gross negligence or willful misconduct. Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 1 contract

Samples: Master Operating Agreement (Mainland Resources Inc.)

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Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement replace- ment of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or any other cause, except those resulting from Operator’s gross negligence or willful misconductcause to the extent not compensated by insurance. Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by Operator.

Appears in 1 contract

Samples: Agreement (Unimar Co)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of resulting from damages or losses incurred by fire, flood, storm, theft, accident, or any other cause, except those resulting from Operator’s gross negligence or willful misconduct. Operator shall furnish each Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them has been received by Operatorpracticable.

Appears in 1 contract

Samples: Joint Venture Agreement (Almaden Minerals LTD)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, . flood, storm, theft, accident, or other cause, except those resulting from The Manager of Operations or Contract Operator’s 's gross negligence or willful misconduct. The Manager of Operations or Contract Operator shall furnish Non-Operator written notice of damages or losses incurred as soon as practicable after a report of them thereof has been received by The Manager of Operations or Contract Operator.

Appears in 1 contract

Samples: Joint Development Agreement (Independence Energy Corp.)

Damages and Losses to Joint Property. All costs or expenses necessary for the repair or replacement of Joint Property made necessary because of damages or losses incurred by fire, flood, storm, theft, accident, or other cause, except those resulting from Operator’s 's gross negligence or willful misconduct. Operator shall furnish Non-Operator Operators written notice of damages or losses incurred as soon as practicable after a report of them has been received by Operator.

Appears in 1 contract

Samples: Operating Agreement (Enterprise Products Partners L P)

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