Common use of Operator’s Lien Clause in Contracts

Operator’s Lien. To secure the payment of all sums due from Developer to Operator under this Agreement, the Developer grants Operator a first and preferred lien on and security interest in the following:

Appears in 6 contracts

Samples: Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.), Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.), Drilling and Operating Agreement (Atlas Resources Public #17-2008 (B) L.P.)

AutoNDA by SimpleDocs

Operator’s Lien. To secure the payment of all sums due from Developer to Operator under the provisions of this Agreement, Agreement the Developer grants Operator a first and preferred lien on and security interest in the following:

Appears in 2 contracts

Samples: Drilling and Operating Agreement (Atlas America Public #15-2005 (B) L.P.), Drilling and Operating Agreement (Atlas America Public #15-2005 Program)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.