Common use of Trades Clause in Contracts

Trades. Notwithstanding the foregoing provisions of this Article XIV, Operator may, with notice to all the Parties, make trades, offtake arrangements and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost of the data that was traded. Operator shall cause any third party to such trade to enter into an undertaking to keep the traded data confidential.

Appears in 3 contracts

Samples: Operating Agreement (Guskin Gold Corp.), Operating Agreement (Guskin Gold Corp.), Operating Agreement (Guskin Gold Corp.)

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Trades. Notwithstanding the foregoing provisions of this Article XIVXV, the Operator may, with notice to all approval of the PartiesOperating Committee, make trades, offtake arrangements and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost of the data that was traded. The Operator shall cause any third party to such trade to enter into an undertaking agreement to keep the traded data confidential.

Appears in 1 contract

Samples: Operating Agreement (Fx Energy Inc)

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Trades. Notwithstanding the foregoing provisions of this Article XIVXV, Operator may, with notice to all approval of the PartiesOperating Committee, make trades, offtake arrangements well trades and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost costs of the data that was traded. Operator shall cause any third party to such trade to enter into an undertaking to keep the traded data confidential.

Appears in 1 contract

Samples: Operating Agreement (Transatlantic Petroleum Corp)

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