NON-DIRECTED INVENTORIES. A. OPERATOR INVENTORIES Physical inventories that are not requested by the Non-Operators may be performed by the Operator, at the Operator’s discretion. The expenses of conducting such Operator-initiated inventories shall not be charged to the Joint Account.
Appears in 3 contracts
Samples: Operating Agreement (Vanguard Natural Resources, LLC), Operating Agreement (Vanguard Natural Resources, LLC), Operating Agreement (Vanguard Natural Resources, LLC)
NON-DIRECTED INVENTORIES. A. OPERATOR XXXRATOR INVENTORIES Physical inventories that are not requested by the Non-Operators may be performed by the Operator, at the Operator’s 's discretion. The expenses of conducting such Operator-initiated inventories shall not be charged to the Joint Account.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
NON-DIRECTED INVENTORIES. A. OPERATOR INVENTORIES Physical inventories that are not requested by the Non-Operators Owner may be performed by the Operator, at the Operator’s discretion. The expenses of conducting such Operator-initiated inventories shall not be charged to the Joint Well Account.
Appears in 2 contracts
Samples: Well Services Agreement (Vanguard Natural Resources, LLC), Well Services Agreement (Vanguard Natural Resources, LLC)
NON-DIRECTED INVENTORIES. A. OPERATOR INVENTORIES Physical Periodic physical inventories that are not requested by the Non-Operators Operator may be performed by the Operator, Operator at the Operator’s discretion. The expenses of conducting such Operator-initiated Operator inventories shall not be charged to the Joint Account.
Appears in 1 contract
