Common use of DEDICATION OF ACREAGE Clause in Contracts

DEDICATION OF ACREAGE. 1. Subject to the terms and conditions contained herein, Seller hereby commits and dedicates to the performance of this Agreement all of Seller's Gas Reserves from the Leases described in Exhibit "A" (as it now exists, or may be amended hereafter), and all of Seller's Gas Reserves attributable to the Leases or portions thereof described in Exhibit A-l (as it now exists or may be amended here­after) and earned by Seller, and to insure the faithful performance of the provisions of this Agreement, covenants to sell and deliver to Buyer/Processor at the Point(s) of Delivery all of Seller's Gas Reserves without other disposition except as herein otherwise provided. 2. Seller shall operate the Leases dedicated hereunder free of any control by Buyer/Processor and shall not be required to produce any well or xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, including without limitation the right to make farmouts of any dedicated lease, subject to this Agreement, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxx, to abandon any well and surrender any lease dedicated hereunder when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation when in its sole judgment it would not be prudent or profitable to do so.

DEDICATION OF ACREAGE. 1. Subject to the terms and conditions contained herein, Seller hereby commits and dedicates to the performance of this Agreement all of Seller's Gas Reserves from the Leases described in 1n Exhibit "A" (as it now exists, exists or may be as amended hereafter), and all of Seller's Gas Reserves attributable to the Leases or portions thereof described in Exhibit A-l (as it now exists or may be amended here­after) and earned by Seller, and to insure the faithful performance of the provisions of this Agreement, covenants to sell and deliver to Buyer/Processor at the Point(s) of Delivery all of Seller's Gas Reserves without other disposition except as herein otherwise provided. 2. Seller shall operate the Leases dedicated hereunder free of any control by Buyer/Processor and shall not be required to produce any well or xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, including without limitation the right to make farmouts of any dedicated lease, subject to this Agreement, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxx, to abandon any well and surrender any lease dedicated hereunder when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation when in its sole judgment it would not be prudent or profitable to do so.