DISPOSAL OF MATERIAL. The Operator may purchase, but shall be under no obligation to purchase, interest of Non-Operators in surplus Condition “A” or “B” Material. The disposition of surplus Controllable Material, not purchased by Operator, shall be agreed to by Operator and Non-Operators, provided Operator shall dispose of normal accumulations of junk and scrap Material either by transfer or sale from Joint Property.
Appears in 4 contracts
Samples: Unit Operating Agreement (Resaca Exploitation, Inc.), Unit Agreement (Resaca Exploitation, Inc.), Unit Operating Agreement (Resaca Exploitation, Inc.)
DISPOSAL OF MATERIAL. The Operator may purchase, but shall be under no obligation to purchase, the interest of Non-Operators in surplus Condition “"A” " or “"B” " Material. The disposition of surplus Controllable Material, not purchased by Operator, shall be agreed subject to by agreement between Operator and Non-Operators, provided Operator shall dispose of normal accumulations of junk and scrap Material either by transfer or sale from the Joint Property.
Appears in 1 contract
Samples: Operating Agreement (Enterprise Products Partners L P)