Development Operations. Operations on the LEASES other than EXPLORATORY OPERATIONS as defined in Section 2.5 below.
Development Operations. To the knowledge of either Seller or its respective Subsidiaries, there are in existence no facts or circumstances that should reasonably cause a Seller or a Subsidiary to conclude that any development operations on the Sellers Evaluated Properties that are contemplated by the Sellers Reserve Report will not be permitted under applicable laws and governmental rules and regulations or that any third party may have a reasonable basis to cause any court or governmental agency with jurisdiction over such operations to cause the suspension or termination of such operations.
Development Operations. To the knowledge of either Purchaser, there are in existence no facts or circumstances that should reasonably cause a Purchaser to conclude that any development operations on the Purchasers Evaluated Properties that are contemplated by the Purchasers Reserve Report will not be permitted under applicable laws and governmental rules and regulations or that any third party may have a reasonable basis to cause any court or governmental agency with jurisdiction over such operations to cause the suspension or termination of such operations.
Development Operations. Operations on the Lease other than Exploratory Operations as defined in Article 2.5 herein.
Development Operations. Drilling Operations (a well to be drilled, recompleted, deepened, or plugged back) on the Lease scheduled for an objective zone, horizon or formation which, as a result of previous drilling, has been established as producible under 2.16 below.
Development Operations. ☐ [Optional provision; check if applicable, that is, if the appropriate option in Article 11.6 is selected.] or under Article 11.6 (Operations Before the Approval of the Development Plan).
Development Operations. There shall be no minimum participating percentage approval necessary to conduct a Lease Maintenance Operation.
Development Operations. The Parties acknowledge that obtaining access to surface sites for xxxxx, pipelines and facilities is becoming more costly and increasingly difficult on the Osage Mineral Estate.
Development Operations. All proposals and operations, subsequent to the ----------------------- completion of the IEW and SEW, shall be in accordance with the terms of the Operating Agreement executed by the Parties pursuant to Article III.
Development Operations. The parties hereby agree to carry out their respective obligations pursuant to and in accordance with the Final Specifications and Development Schedule. In addition to the requirements set forth in the Final Specifications and Development Schedule, Sony agrees to provide technology resources which Sony deems necessary to assist in SmartDisk's understanding of the Memory Stick so as to enable SmartDisk to develop MSFP II.
