Impact of Operating Procedure on Preceding Clause Sample Clauses

Impact of Operating Procedure on Preceding Clause. Notwithstanding the preceding Clause of this Head Agreement: if a Party elects to not participate in an Operation pursuant to Article 9.00 or Article 10.00 of the Operating Procedure for which the consequence of non-participation is the imposition of a cost recovery or production penalty thereunder, the Participating Parties assuming the Non-Participating Party's share of the cost of that Operation shall pay all lessor royalties and, on the basis prescribed by Subclause 10.07F of the Operating Procedure with respect to any cost recovery prescribed by that Subclause, any Encumbrances attributable to the Non-Participating Party's Pooled Interest in respect of production from the well in which the Non-Participating Party elected not to participate until that Non-Participating Party elects to become a Participating Party in that well; and if a Party’s Pooled Interest in the Pooled Lands or a well held hereunder changes because of the application of Clause 10.10 of the Operating Procedure to its election not to participate in a certain well or Article 11.00 or Article 12.00 of the Operating Procedure because of its surrender of certain Pooled Lands or its election to participate in a proposed Abandonment of a well, the Parties that acquire the applicable Pooled Interest in the applicable Pooled Lands or well shall pay all lessor royalties and Encumbrances attributable to that Party’s applicable Pooled Interest.
AutoNDA by SimpleDocs
Impact of Operating Procedure on Preceding Clause. Notwithstanding the preceding Clause of this Head Agreement: If a Party elects not to participate in an Operation, pursuant to Article 9.00 or 10.00 of the Operating Procedure, the Participating Parties assuming the Non-Participating Party`s share of the cost of that Operation will pay all lessor royalties and, on the basis prescribed by Subclause 10.07F of the Operating Procedure with respect to any cost recovery prescribed by that Subclause, Encumbrances attributable to the Non-Participating Party`s Pooled Interest in respect of production from the well in which the Non-Participating Party elected not to participate, until the Non-Participating Party becomes a Participating Party; and If a Party’s Pooled Interest in the Pooled Lands or a well held under this Agreement changes because of the application of Clause 10.10 of the Operating Procedure to its election not to participate in a certain well, or Article 11.00 or Article 12.00 of the Operating Procedure because of its surrender of certain Pooled Lands or its election to participate in a proposed Abandonment of a well, the Parties that acquire the applicable Pooled Interest in the applicable Pooled Lands or well will pay all lessor royalties and Encumbrances attributable to that Party’s applicable Pooled Interest.

Related to Impact of Operating Procedure on Preceding Clause

  • Budget Contingency Clause A. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement does not appropriate sufficient funds for the program, this Agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to Contractor or to furnish any other considerations under this Agreement and Contractor shall not be obligated to perform any provisions of this Agreement. B. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel this Agreement with no liability occurring to the State, or offer an agreement amendment to Contractor to reflect the reduced amount.

  • Modification to Article VII, Section 4 of the DPA Article VI, Section 4 of the DPA (Annual Notification of Rights.) is amended as follows:

  • Modification to Article IV, Section 7 of the DPA Article IV, Section 7 of the DPA (Advertising Limitations) is amended by deleting the stricken text as follows: Provider is prohibited from using, disclosing, or selling Student Data to (a) inform, influence, or enable Targeted Advertising; or (b) develop a profile of a student, family member/guardian or group, for any purpose other than providing the Service to LEA. This section does not prohibit Provider from using Student Data (i) for adaptive learning or customized student learning (including generating personalized learning recommendations); or (ii) to make product recommendations to teachers or LEA employees; or (iii) to notify account holders about new education product updates, features, or services or from otherwise using Student Data as permitted in this DPA and its accompanying exhibits.

  • Certification of Funds; Budget and Fiscal Provisions; Termination in the Event of Non-Appropriation This Agreement is subject to the budget and fiscal provisions of the City’s Charter. Charges will accrue only after prior written authorization certified by the Controller, and the amount of City’s obligation hereunder shall not at any time exceed the amount certified for the purpose and period stated in such advance authorization. This Agreement will terminate without penalty, liability or expense of any kind to City at the end of any fiscal year if funds are not appropriated for the next succeeding fiscal year. If funds are appropriated for a portion of the fiscal year, this Agreement will terminate, without penalty, liability or expense of any kind at the end of the term for which funds are appropriated. City has no obligation to make appropriations for this Agreement in lieu of appropriations for new or other agreements. City budget decisions are subject to the discretion of the Mayor and the Board of Supervisors. Contractor’s assumption of risk of possible non-appropriation is part of the consideration for this Agreement. THIS SECTION CONTROLS AGAINST ANY AND ALL OTHER PROVISIONS OF THIS AGREEMENT.

  • Program Requirements Provided At No Charge to the Judicial Council A. The Contractor shall provide the following items during the Program at no charge to the Judicial Council:

  • Important Information About Procedures for Opening a New Account To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial organizations to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, you are required to provide your name, residential address, date of birth, and identification number. We may require other information that will allow us to identify you.

  • Modification to Article V, Section 4 of the DPA Article V, Section 4 of the DPA (Data Breach.) is amended with the following additions: (6) For purposes of defining an unauthorized disclosure or security breach, this definition specifically includes meanings assigned by Texas law, including applicable provisions in the Texas Education Code and Texas Business and Commerce Code.

  • Modification to Article III, Section 2 of the DPA Article III, Section 2 of the DPA (Annual Notification of Rights.) is amended as follows:

  • Invoicing for Charges Against the Judicial Council’s Master Account A. The Contractor shall establish a Master Account for the Judicial Council’s charges provided for under the exhibits of this Agreement. B. Charges to the Master Account shall be settled with Citibank CMC, as defined herein. C. The Contractor's final invoice for the Master Account shall include the Judicial Council Contract Number set forth on the face of this Agreement and shall be itemized to show the applicable and allowable charges by date and event/category/activity and number served, as appropriate. D. For performing the Work of this Agreement, the Contractor shall xxxx the Judicial Council for the total actual charges against the Master Account, based upon the prices stated herein and itemized to provide the following details, if applicable: i. Sleeping room charges as set forth in Exhibit C; ii. Meeting room rental charges as set forth in Exhibit D; iii. Food and beverage charges as set forth in Exhibit E; and/or iv. Charges for miscellaneous requirements as set forth in Exhibit F. E. If the Contract is terminated in whole or in part, pursuant to either the termination for cause provision or the Judicial Council’s obligation subject to availability of funds provision, as set forth in Exhibit A, the Contactor shall xxxx the Judicial Council for only those applicable and allowable charges accrued up to the effective date of termination, itemized as set forth above in this provision. F. If the Contract is terminated pursuant to the Termination Fee charge provision, as set forth in Exhibit B, the Contractor shall xxxx the Judicial Council for the allowable and applicable Termination Fee, as set forth in Table 2, below, and shall offset the Termination Fee by rental charges for the meeting and function rooms that the Contractor received from Third Parties during the Program

  • MANAGEMENT CLAUSE Subject to the provisions of this Agreement, the Employer has the exclusive right and authority to establish policies and manage stores covered by this Agreement and to direct the working forces employed therein including, but not limited to, the rights of hiring, suspending and discharging for proper cause, promoting, transferring and releasing employees from duties because of lack of work. The Employer will notify the Union when it places a cashier on an individual cash control program. There shall be no suspension because of work performance, absenteeism and/or tardi­ ness, without prior written notice having been given to the Union and the employee involved. The trial period for newly engaged employ­ ees shall be the first thirty (30) days of employ­ ment and may be extended to sixty (60) days at the request of the Employer to the Union. When new stores are opened by the Employer, the trial period shall be sixty (60) days for all employees newly employed at such time. After the first sixty (60) days from the opening date of the store, the trial period shall be thirty (30) days.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!