Common use of (Settlement of Underinvestments) Clause in Contracts

(Settlement of Underinvestments). If a Non-Participating Party in a Selection AFE takes, or is deemed to have taken, the steps set forth in Article 16.9 (Settlement of Underinvestments), that Party is an Underinvested Party in an amount equal to _______ percent (___%) of the amount that it would have paid had it participated in that AFE until the Underinvestment is eliminated under Article 16.9 (

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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(Settlement of Underinvestments). If a Non-Participating Party in a Selection AFE takes, or is deemed to have taken, the steps set forth in Article 16.9 (Settlement of Underinvestments), that Party is an Underinvested Party in an amount equal to _______ percent (___%) of the amount that the it would have paid had it participated in that AFE until the Underinvestment is eliminated under Article 16.9 (

Appears in 1 contract

Samples: Operating Agreement

(Settlement of Underinvestments). If a Non-Participating Party in a Selection AFE takes, or is deemed to have taken, the steps set forth in Article 16.9 (Settlement of Underinvestments), that Party is an Underinvested Party in an amount equal to _______ two hundred percent (___200%) of the amount that the it would have paid had it participated in that AFE until the Underinvestment is eliminated under Article 16.9 (Settlement of Underinvestments).

Appears in 1 contract

Samples: Operating Agreement (Anadarko Petroleum Corp)

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(Settlement of Underinvestments). If a Non-Participating Party in a Selection AFE takes, or is deemed to have taken, the steps set forth in Article 16.9 (Settlement of Underinvestments), that Party is an Underinvested Party in an amount equal to _______ two hundred percent (___200%) of the amount that the it would have paid had it participated in that AFE until the Underinvestment is eliminated under Article 16.9 (Settlement of Underinvestments). 110

Appears in 1 contract

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

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