Designation of Xxxxx. Each of the Parties hereby agrees that all Xxxxx that are located within the Area of Interest that are commenced after the date hereof and prior to the Cut-Off Date shall be subject to this Agreement. For purposes of this Agreement, the “Cut-Off Date” shall be the date that CWEI identifies in a written notice delivered to each Participant indicating that no Xxxxx within the Area of Interest commenced after the Cut-Off Date will be made subject to this Agreement. Additionally, each Participant acknowledges that certain circumstances may make it appropriate for CWEI to deliver such a written notice to the Participants and to enter into agreements similar to this Agreement with other parties (which may or may not include certain of the Participants) that relate to Xxxxx that are located in the Area of Interest but are not subject to this Agreement.
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Samples: Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De), Participation Agreement (Clayton Williams Energy Inc /De)
Designation of Xxxxx. Each of the Parties hereby agrees that all Xxxxx that are located within the Area of Interest that are commenced after the date hereof and prior to the Cut-Off Date shall be subject to this Agreement. For purposes of this Agreement, the “Cut-Off Date” shall be the date that CWEI identifies in a written notice delivered to each Participant indicating that no Xxxxx within the Area of Interest commenced after the Cut-Off Date will be made subject to this Agreement. Additionally, S LA VI Participation Agreement.doc each Participant acknowledges that certain circumstances may make it appropriate for CWEI to deliver such a written notice to the Participants and to enter into agreements similar to this Agreement with other parties (which may or may not include certain of the Participants) that relate to Xxxxx that are located in the Area of Interest but are not subject to this Agreement.
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Samples: Participation Agreement (Clayton Williams Energy Inc /De)