Common use of Reservations of Seller Clause in Contracts

Reservations of Seller. A. Seller, as a reasonable and prudent operator, hereby expressly reserves the following rights with respect to Seller's Gas Reserves and the Leases subject hereto: 1) The right to use the Gas produced from the Leases prior to delivery to Buyer/Processor for the following purposes: a) For fuel in the development and operation of the Leases from which the Gas is produced; b) For delivery to the lessors of the Leases of the Gas if such lessors are entitled to use or take such Gas in kind under the terms of the Leases; c) For fuel in the operation of the facilities which Seller may install in order to deliver Gas hereunder in accordance with the terms hereof. 2) The right to pool or unitize the Leases (or-any portion thereof) with other lands and leases so long as such action does not reduce Seller's Gas Reserves. In the event of any such pooling or unitization, the Agreement will cover Seller's interest in the pool or unit and the Gas attributable thereto to the extent that such interest is derived from Seller's Gas Reserves. B. Seller shall provide to Buyer/Processor all necessary information whereby Buyer/Processor can make the proper allocation herein called for or required by Buyer/Processor's normai and customary accounting practices or required by Buyer/Processor's normal and customary contract administration practices, when different vintages of Gas are being delivered through a single Point of Delivery. C. Seller shall operate the Leases free of any control by Buyer/Processor, including without limitation the right to make farmouts of any lease subject to this Agreement, and to abandon any well and surrender any lease when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation. Seller shall not be required to produce any well or xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxx.

Reservations of Seller. A. 1. Seller, as a reasonable and prudent operator, hereby expressly reserves the following rights with respect to Seller's Gas Reserves and the Leases subject hereto: 1) A. The right to use the Gas produced from the Leases prior to delivery to Buyer/Processor for the following purposes: a1) For fuel in the development and operation of the Leases well from which the Gas is was produced;. b2) For delivery to the lessors of the Leases of the Gas if such lessors are entitled to use or take such Gas in kind under the terms of the Leases; c3) For fuel in the operation of the facilities which Seller may install in order to deliver Gas hereunder in accordance with the terms hereofthereof. 2) B. The right to pool or unitize the Leases (or-or any portion thereof) with other lands and leases or Leases so long as such action does not reduce Seller's Gas Reserves. In the event of any such pooling or unitization, the Agreement will cover Seller's interest Interest in the pool or unit and the Gas attributable thereto to the extent that such interest is derived from Seller's Gas Reserves. B. 2. Seller shall provide to Buyer/Processor all necessary information whereby Buyer/Processor can make the proper allocation herein called for or required by Buyer/Processor's normai normal and customary accounting practices or required by Buyer/Processor's normal and customary contract administration practices, when different vintages of Gas are being delivered through a single Point of Delivery. C. Seller shall operate the Leases free of any control by Buyer/Processor, including without limitation the right to make farmouts of any lease subject to this Agreement, and to abandon any well and surrender any lease when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation. Seller shall not be required to produce any well or xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxx.

Reservations of Seller. A. 1. Seller, as a reasonable and prudent operator, hereby expressly reserves the following rights with respect to Seller's Gas Reserves and the Leases subject hereto: 1) A. The right to use the Gas produced from the Leases prior to delivery to Buyer/Processor for the following purposes: a1) For fuel in the development and operation of the Leases well from which the Gas is was produced;. b2) For delivery to the lessors of the Leases of the Gas if such lessors are entitled to use or take such Gas in kind under the terms of the Leases; c3) For fuel in the operation of the facilities which Seller may install in order to deliver Gas hereunder in accordance with the terms hereofthereof. 2) B. The right to pool or unitize the Leases (or-or any portion thereof) with other lands and leases or Leases so long as such action does not reduce Seller's Gas Reserves. In the event of any such pooling or unitization, the Agreement will cover Seller's interest in the pool or unit and the Gas attributable thereto to the extent that such interest is derived from Seller's Gas Reserves. B. 2. Seller shall provide to Buyer/Processor all necessary information whereby Buyer/Processor can make the proper allocation herein called for or required by Buyer/Processor's normai normal and customary accounting practices or required by Buyer/Processor's normal and customary contract administration practices, when different vintages of Gas are being delivered through a single Point of Delivery. C. Seller shall operate the Leases free of any control by Buyer/Processor, including without limitation the right to make farmouts of any lease subject to this Agreement, and to abandon any well and surrender any lease when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation. Seller shall not be required to produce any well or xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxx.

Reservations of Seller. A. Seller, as a reasonable and prudent operator, hereby expressly reserves the following rights with respect to Seller's Gas Reserves and the Leases subject hereto: 1) The right to use the Gas produced from the Leases prior to delivery to Buyer/Processor for the following purposes: a) For fuel in the development and operation of the Leases from which the Gas is produced; b) For delivery to the lessors of the Leases of the Gas if such lessors are entitled to use or take such Gas in kind under the terms of the Leases; c) For fuel in the operation of the facilities which Seller may install in order to deliver Gas hereunder in accordance with the terms hereof. 2) The right to pool or unitize the Leases (or-any portion thereof) with other lands and leases so long as such action does not reduce Seller's Gas Reserves. In the event of any such pooling or unitization, the Agreement will cover Seller's interest in the pool or unit and the Gas attributable thereto to the extent that such interest is derived from Seller's Gas Reserves. B. Seller shall provide to Buyer/Processor all necessary information whereby Buyer/Processor can make the proper allocation herein called for or required by Buyer/Processor's normai and customary accounting practices or required by Buyer/Processor's normal and customary contract administration practices, when different vintages of Gas are being delivered through a single Point of Delivery. C. Seller shall operate the Leases free of any control by Buyer/Processor, including without limitation the right to make farmouts of any lease subject to this Agreement, and to abandon any well and surrender any lease when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation. Seller shall not be required to produce any well or xxxxx wxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, nor shall Seller be obligated to drill additional xxxxx wxxxx or to deepen, repair or rework any existing xxxxxwxxxx.

Reservations of Seller. A. Seller, as a reasonable and prudent operator, hereby expressly reserves the following rights with respect to Seller's Gas Reserves and the Leases Xxxxx subject hereto: 1) The right to use the Gas produced from the Leases Xxxxx prior to delivery to Buyer/Processor Buyer for the following purposes: a) For fuel in the development and operation of the Leases leases from which the Gas is produced;. b) For delivery to the lessors of the Leases of leases from which the Gas is produced if such lessors are entitled to use or take such Gas in kind under the terms of the Leasesleases; c) For fuel in the operation of the facilities which Seller may install in order to deliver Gas hereunder in accordance with the terms hereof. 2) The right to pool or unitize the Leases xxxxx or leases from which the Gas is produced (or-or any portion thereof) with other lands and leases so long as such action does not reduce volumes of Seller's Gas ReservesGas. In the event of any such pooling or unitization, the Agreement will cover Seller's interest in the pool or unit and the Gas attributable thereto to the extent that such interest is derived from volumes of Seller's Gas Reserves.Gas. -2.B- B. Seller shall provide to Buyer/Processor Buyer all necessary information whereby Buyer/Processor Buyer can make the proper allocation herein called for or required by Buyer/Processor's normai normal and customary accounting practices or required by Buyer/Processor's normal and customary contract administration practices, when different vintages of Gas are being delivered through a single Point of Delivery. C. Seller shall operate the Leases Seller's Xxxxx free of any control by Buyer/Processor, including without limitation the right to make farmouts farm outs of any lease subject to this the Agreement, and to abandon any well of Seller's Xxxxx and surrender any lease when Seller deems the same no longer capable of producing Gas in commercial quantities under normal methods of operation. Seller shall not be required to produce any well or xxxxx of Seller's Xxxxx in any manner which in its sole judgment and discretion would not constitute good operating practice, nor shall Seller be obligated to drill additional xxxxx or to deepen, repair or rework any existing xxxxxof Seller's Xxxxx. D. Seller shall use its best efforts to make available for delivery hereunder all Gas which it is capable of lawfully producing in accordance with this Agreement, without shut-in, curtailment or restriction due to market conditions or otherwise.