Common use of Obligation Xxxxx Clause in Contracts

Obligation Xxxxx. Participant agrees to pay for its Participant Interest share of the drilling, completion and equipping, or the plugging and abandonment, of the Obligation Xxxxx. PetroShare shall use its commercially reasonable efforts to commence the drilling of the first Obligation Well by October 15. 2013.

Appears in 3 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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Obligation Xxxxx. Participant agrees to pay for its Participant Interest share of the drilling, completion and equipping, or the plugging and abandonment, of the Obligation Xxxxx. PetroShare shall use its commercially reasonable efforts to commence the drilling of the first Obligation Well by October 15. , 2013.

Appears in 3 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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Obligation Xxxxx. Participant agrees to pay for its Participant Interest share of the drilling, completion and equipping, or the plugging and abandonment, of the Obligation Xxxxx. PetroShare shall use its commercially reasonable efforts to commence the drilling of the first Obligation Well by October 15. December l, 2013.

Appears in 1 contract

Samples: Participation Agreement (PetroShare Corp.)

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