Common use of Pad Site Sharing Agreement Required In Due Course Clause in Contracts

Pad Site Sharing Agreement Required In Due Course. Insofar as there are any shared Well Pads serving xxxxx governed by this Agreement and other xxxxx not governed by this Agreement, the nature of the cost allocations, management of shared facilities and potential liability and indemnification obligations are such that it is the Parties’ intention that any such Well Pad shall ultimately be governed by a pad site sharing agreement using as a starting point the 2018 PJVA-CAPL Model Pad Site Sharing Agreement. RIGHT OF FIRST REFUSAL (IF UNDERLYING AGREEMENT CONTAINS A ROFR) [Parties in underlying agreement with ROFR] agree that, notwithstanding any provision to the contrary in this Agreement, the right of first refusal in the [description of underlying agreement, including name, date, and parties] continues to apply with respect to the Pre-Pooled Interests in the applicable lands those Parties have contributed to the Pooled Lands under this Agreement.

Pad Site Sharing Agreement Required In Due Course. Insofar as there are any shared Well Pads serving xxxxx governed by this Agreement the Pooled Well and other xxxxx not governed by this Agreement, the nature of the cost allocations, management of shared facilities and potential liability and indemnification obligations are such that it is the Parties’ intention that any such Well Pad shall ultimately be governed by a pad site sharing agreement using as a starting point the 2018 PJVA-CAPL Model Pad Site Sharing Agreement. RIGHT OF FIRST REFUSAL (IF UNDERLYING AGREEMENT CONTAINS A ROFR) [Parties in underlying agreement with ROFR] agree that, notwithstanding any provision to the contrary in this Agreement, the right of first refusal in the [description of underlying agreement, including name, date, and parties] continues to apply with respect to the Pre-Pooled Interests in the applicable lands those Parties have contributed to the Pooled Lands under this Agreement.