Common use of Notice to Non-Acquiring Member Clause in Contracts

Notice to Non-Acquiring Member. Within thirty (30) days after the acquisition of any interest or the right to acquire any interest in real property or mineral or water rights wholly or partially within the Area of Interest (except real property acquired by the Manager pursuant to a Program), the Acquiring Member shall notify the other Member of such acquisition by it or its Affiliate; provided that if the acquisition of any interest or right to acquire any interest pertains to real property or water or mineral rights partially within the Area of Interest, then all such real property or water or mineral rights (i.e., the part within the Area of Interest and the part outside the Area of Interest) shall be subject to this Article. The Acquiring Member's notice shall describe in detail the acquisition, the acquiring party if that party is an Affiliate, the lands and minerals and water rights covered thereby, the cost thereof, and the reasons why the Acquiring Member believes that the acquisition of the interest is in the best interests of the Members under this Agreement. In addition to such notice, the Acquiring Member shall make any and all information concerning the relevant interest available for inspection by the other Member.

Notice to Non-Acquiring Member. Within thirty sixty (3060) days after the such acquisition or proposed acquisition of any interest interest, or the right to acquire any interest interest, in real property or mineral or water rights rights, wholly or partially within the Area of Interest (except real property acquired by the Manager pursuant to a Program), the Acquiring Member shall notify the other Member of such acquisition by it or its Affiliateproposed acquisition; provided provided, that if the acquisition of any interest or right to acquire any interest proposed acquisition pertains to real property or water or mineral rights partially within the Area of Interest, then all such real property or water or mineral rights (i.e., both the part within the Area of Interest and the part outside the Area of Interest) shall be subject to this ArticleArticle VI. The Acquiring Member's notice shall describe in detail the acquisition or proposed acquisition, the name of the acquiring party if that party the Acquiring Member is an Affiliate, the lands and minerals and water rights interest or interests covered thereby, the cost thereof, and the reasons why the Acquiring Member believes that the acquisition of the interest or proposed acquisition is in the best interests of the Members under this AgreementMembers. In addition to giving such notice, the Acquiring Member shall make any and all information concerning the relevant interest or interests available for inspection by the other Member.

Notice to Non-Acquiring Member. Within thirty (30) days after the acquisition or proposed acquisition, as the case may be, of any interest or the right to acquire any interest in real property or mineral or water rights wholly or partially within the Area of Interest (except real property acquired by the Manager pursuant to a Program), the Acquiring Member shall notify the other Member of such acquisition by it or its Affiliate; provided that if the acquisition of any interest or right to acquire any interest pertains to real property or water or mineral rights partially within the Area of Interest, then all such real property or water or mineral rights (i.e., the part within the Area of Interest and the part outside the Area of Interest) shall be subject to this Article. The Acquiring Member's notice shall describe in detail the acquisition, the acquiring party if that party is an Affiliate, the lands and minerals and covered thereby, any water rights covered therebyrelated thereto, the cost thereof, and the reasons why the Acquiring Member believes that the acquisition (or proposed acquisition) of the interest is in the best interests of the Members under this Agreement. In addition to such notice, the Acquiring Member shall make any and all information concerning the relevant interest available for inspection by the other Member.

Notice to Non-Acquiring Member. Within thirty five (305) days after the acquisition or proposed acquisition, as the case may be, of any interest or the right to acquire any interest in real property or water or mineral or water royalty rights wholly or partially within the Area of Interest (except real property acquired by the Manager pursuant to a Program), the Acquiring Member shall notify the other Member of such acquisition by it or its Affiliate; provided that if the acquisition of any interest or right to acquire any interest pertains to real property or water or mineral rights partially within the Area of Interest, then all such real property or water or mineral rights (i.e., the part within the Area of Interest and the part outside the Area of Interest) shall be subject to this Article. The Acquiring Member's ’s notice shall describe in detail the acquisition, the acquiring party if that party is an Affiliate, the lands and minerals and covered thereby, any water rights covered therebyrelated thereto, the cost thereof, and the reasons why the Acquiring Member believes that the acquisition (or proposed acquisition) of the interest is in the best interests of the Members under this Agreement. In addition to such notice, the Acquiring Member shall make any and all information concerning the relevant interest available for inspection by the other Member.