SUBJECT MATTER, DEFINITIONS, EXHIBITS Sample Clauses

SUBJECT MATTER, DEFINITIONS, EXHIBITS. AND CONSTRUCTIONS 1 1.1 Subject Matter and Purpose 1 1.2 Defined Terms 2 1.3 Exhibits 6 1.4 Rules of Construction 7 2. XXXXXXXX XXXX 0 0.0 Xxxxxxxx Xxxx 0 2.2 Texaco Prospects 7 2.3 Exhibit 8 2.4 Area of Mutual Interest 8 2.5 Early Relinquishment Lease Schedule 9 3. TERM OF AGREEMENT 9 3.1 Term 9 3.2 Option Periods 9 4. PROSPECT IDENTIFICATION 10 4.1 Prospect Identification 10 4.2 Co-Working Interest Owner's Proposals 12 4.3 Restriction on Use of Existing Platforms 13 4.4 Election Not to Participate in a Co-Working Interest Owner Well 14 4.5 Rights Limitation on Use of Existing Xxxxx 14 4.6 Xxxxx Proposed by Texaco after the Effective Date 15 4.7 Access to Well Data 15 4.8 Protection from Drainage 15 4.9 Third Party Well Proposal Restriction 15 5. FARMOUT/SUBLEASE ACREAGE 16 5.1 Individual Farmout Agreements 16 5.2 Contract Acreage Restrictions/Limitations 16 5.3 Texaco's Participation Options and Overriding Royalty 16 5.4 General Farmout Agreement Terms and Conditions 18 5.5 Impenetrable Substances 20 5.6 Project Payout 20 5.7 Payout Notice 21 5.8 Option to Participate 21 5.9 Overriding Royalties 21 5.10 Proportionate Reduction 23 5.11 Failure to Drill the Initial Test Well 23 5.12 McMoRan's Continuous Option to Earn 23 5.13 Operating Agreement Execution 23 5.14 Designation of Operator 24 6. PRESSURE COMMUNICATION AND COMMON RESERVOIRS 25 6.1 Pressure Communication Restriction 25 6.2 Common Reservoirs 26 7. FINANCIAL OBLIGATIONS 27 7.1 Obligation to Fund Exploratory Operations 28 7.2 Spending Schedule 28 7.3 Exploratory Xxxxx and Other Exploration Activities 29 7.4 Spending Schedule Deficit Penalty 30 7.5 Spending Schedule Deficit Penalty Deferral 30 7.6 Liquidated Damages Credit 31 7.7 Exhibit 31 7.8 Accounting Report 31 7.9 Audit Rights 32 7.10 Right to Option Period 32 7.11 Parent Company Guarantee 32 8. PERIODIC TECHNICAL REVIEWS 33 8.1 Periodic Technical Overview 33 9. TEXACO'S TECHNICAL REPRESENTATION 33 9.1 Technical Staff 33 9.2 Cost of Xxxxxx Xxxxxxxxx 00 00. ACREAGE RELEASE SCHEDULE 34 10.1 Option Period 1 Acreage Release 34 10.2 Option Period 2 Acreage Release 34 10.3 Option Period 3 Acreage Release 34 10.4 Option to Release Additional Acreage 34 10.5 Release Notification 35 10.6 Acreage Release Credit 35 11. NOTICES 36 11.1 Notices 36 11.2 Change in Designated Representative 36 12. EXISTING AGREEMENTS AND PREFERENTIAL RIGHTS 36 12.1 Existing Agreements 36 12.2 Preferential Rights and Consents to Assign 37 13. RIGHTS RESERVED 37 13.1 Lease Righ...
AutoNDA by SimpleDocs

Related to SUBJECT MATTER, DEFINITIONS, EXHIBITS

  • Definitions and Exhibits Terms defined above or in the text of this Loan Agreement shall have the meanings set forth herein. Other capitalized terms shall have the meaning set forth in the Definitions Addendum, which is attached and incorporated herein. All exhibits to this Loan Agreement are also incorporated herein.

  • Exhibits and Schedules; Additional Definitions All Exhibits and Schedules attached to this Agreement are a part hereof for all purposes. Reference is hereby made to the Security Schedule for the meaning of certain terms defined therein and used but not defined herein, which definitions are incorporated herein by reference.

  • Other Definitions and Provisions With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document: (a) the definitions of terms herein shall apply equally to the singular and plural forms of the terms defined, (b) whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms, (c) the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”, (d) the word “will” shall be construed to have the same meaning and effect as the word “shall”, (e) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (f) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (g) all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (h) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights, (i) the term “documents” includes any and all instruments, documents, agreements, certificates, notices, reports, financial statements and other writings, however evidenced, whether in physical or electronic form, (j) in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and including” and (k) Section headings herein and in the other Loan Documents are included for convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document.

  • ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Commitments Exhibit A Form of Note Exhibit B-1 Form of Initial Funding Disbursement Request Exhibit B-2 Form of Subsequent Funding Request Exhibit B-3 Form of Invoice Disbursement Request Exhibit C Form of Direction Letter Exhibit D Form of Compliance Certificate Exhibit E Form of Legal Opinion of Xxxxxx & Xxxxxx, special counsel to the Borrower Exhibit F-1 Security Instruments Exhibit F-2 Form of Security Agreement Exhibit G Form of Assignment and Assumption Exhibit H Form of Conveyance of Overriding Royalty Interest Exhibit I Form of Warrant Agreement Exhibit J Form of Letter-in-Lieu Exhibit K Development Plan Exhibit L Form of Pledge Agreement Schedule 1.01 AFE Requirements Schedule 1.02 Approved Counterparties Schedule 8.05 Litigation Schedule 8.06 Environmental Matters Schedule 8.13 Insurance Schedule 8.15 Subsidiaries and Partnerships Schedule 8.17 Title to Properties Schedule 8.19 Gas Imbalances Schedule 8.20 Marketing Contracts Schedule 8.21 Swap Agreements Schedule 8.25 Material Agreements Schedule 8.30 Past Due Accounts Payable Schedule 9.02(e) Notice of Certain Events Schedule 9.18(b)(i) 3% Properties Schedule 9.18(b)(ii) 2% Properties Schedule 10.02 Debt Schedule 10.03 Excepted Liens Schedule 10.05 Investments Schedule 10.07 Leases Schedule 10.23 Net Sales Volumes

  • Exhibits and Attachments All exhibits and attachments to this Sublease are a part hereof.

  • ADDENDA AND EXHIBITS Attached hereto is an Addendum or Addenda consisting of Paragraphs 49 through 55, and Exhibits A through B, all of which constitute a part of this Lease.

  • Schedules/Exhibits Any capitalized terms used in any Schedule or Exhibit to this Agreement but are not otherwise defined therein have the meanings set forth in this Agreement.

  • Construction and Definitions Unless defined below or otherwise in this Annex A, all of the capitalized terms used in this Annex A shall have the meanings assigned to them in this Agreement:

  • AMENDED EXHIBIT A The Fund Accounting Agreement is hereby amended by changing the name of T. Rowe Price Capital Appreciation Fund to T. Rowe Price Capital Appreciation Fund, Inc.; by changing the name of T. Rowe Price Equity Income Fund to T. Rowe Price Equity Income Fund, Inc.; by changing the name of T. Rowe Price GNMA Fund to T. Rowe Price GNMA Fund, Inc.; by changing the name of T. Rowe Price New America Growth Fund to T. Rowe Price New America Growth Fund, Inc.; by changing the name of T. Rowe Price State Tax-Free Income Trust to T. Rowe Price State Tax-Free Funds, Inc.; by changing the names of Georgia Tax-Free Bond Fund, Maryland Short-Term Tax-Free Bond Fund, Maryland Tax-Free Bond Fund, Maryland Tax-Free Money Fund, New Jersey Tax-Free Bond Fund, New York Tax-Free Bond Fund, New York Tax-Free Money Fund, and Virginia Tax-Free Bond Fund to T. Rowe Price Georgia Tax-Free Bond Fund, T. Rowe Price Maryland Short-Term Tax-Free Bond Fund, T. Rowe Price Maryland Tax-Free Bond Fund, T. Rowe Price Maryland Tax-Free Money Fund, T. Rowe Price New Jersey Tax-Free Bond Fund, T. Rowe Price New York Tax-Free Bond Fund, T. Rowe Price New York Tax-Free Money Fund, and T. Rowe Price Virginia Tax-Free Bond Fund, respectively, on behalf of T. Rowe Price State Tax-Free Funds, Inc.; by removing T. Rowe Price California Tax-Free Income Trust as a Mutual Fund – Parent; and by changing the names of California Tax-Free Bond Fund and California Tax-Free Money Fund to T. Rowe Price California Tax-Free Bond Fund and T. Rowe Price California Tax-Free Money Fund, respectively, and moving them under T. Rowe Price State Tax-Free Funds, Inc. as Mutual Fund – Series.

  • ARTICLE I DEFINITIONS 1 SECTION 1.01.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!