Common use of Response on Next Highest Priority Proposal Clause in Contracts

Response on Next Highest Priority Proposal. If the proposal with the highest priority is not approved, then the next highest priority proposal shall be deemed the highest priority proposal and it shall be subject to the approval procedure in Article 10.2.2

Appears in 2 contracts

Samples: Ratification and Joinder of Operating Agreement (Anadarko Petroleum Corp), Operating Agreement (Anadarko Petroleum Corp)

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Response on Next Highest Priority Proposal. If the proposal with the highest priority is not approved, then the next highest priority proposal shall be deemed the highest priority proposal proposal, and it shall be subject to the approval procedure in Article 10.2.213.2.2

Appears in 2 contracts

Samples: Ratification and Joinder of Operating Agreement (Anadarko Petroleum Corp), Operating Agreement (Anadarko Petroleum Corp)

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Response on Next Highest Priority Proposal. If the proposal with the highest priority is not approved, then the next highest priority proposal shall be deemed the highest priority proposal and it shall be subject to the approval procedure in Article 10.2.211.2.2 (Response to Highest Priority Proposal). This process will continue until a proposal is approved to either temporarily abandon or permanently plug and abandon an Appraisal Well.

Appears in 2 contracts

Samples: Ratification and Joinder of Operating Agreement (Anadarko Petroleum Corp), Operating Agreement (Anadarko Petroleum Corp)

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