Acceptable Lease Operations definition

Acceptable Lease Operations means either Actual Drilling Operations or Actual Reworking Operations, as defined below, conducted on the Leased Premises in Good Faith and with due diligence. Under no circumstances shall drilling or otherwise creating salt water disposal wells constitute Acceptable Lease Operations.
Acceptable Lease Operations means either Actual Drilling Operations or Actual 51 Reworking Operations, as defined below, conducted on the Leased Premises in Good Faith 52 and with due diligence. Under no circumstances shall drilling or otherwise creating salt 53 water disposal xxxxx constitute Acceptable Lease Operations. 54

Examples of Acceptable Lease Operations in a sentence

  • Under no circumstances shall drilling or otherwise creating salt50 water disposal wells constitute Acceptable Lease Operations.

  • If Acceptable Lease Operations or Production in Paying Quantities is occurring at the end of the Primary Term, this Lease shall terminate unless Acceptable Lease Operations or Production in Paying Quantities continue without a lapse of greater than ninety (90) days between cessation of Acceptable Lease Operations or Production in Paying Quantities and their recommencement.

  • If Acceptable Lease Operations or Production in Paying Quantities cease within ninety (90) days prior to expiration of the Primary Term or at any time after the Primary Term, and Lessee commences or resumes Acceptable Lease Operations or Production in Paying Quantities within ninety (90) days after such cessation, this Lease will continue for so long as Acceptable Lease Operations or Production in Paying Quantities continue.

  • This Lease shall terminate at the end of the Primary Term unless Acceptable Lease Operations or Production in Paying Quantities is occurring.

  • If Lessee fails to commence Acceptable Lease Operations or Production in Paying Quantities within ninety (90) days or there is a lapse of greater than ninety (90) days between cessation of Acceptable Lease Operations or Production in Paying Quantities, this Lease shall thereupon terminate.

  • Every thirty (30) days following the notice required in section (B) of this Article, Lessee shall be required to submit written, detailed reports on a monthly basis to OMR giving therein a description and evidence of Lessee’s diligent, reasonable and good faith efforts to mitigate and eliminate the effects of the Incident and to resume Acceptable Lease Operations or Production in Paying Quantities.

  • For purposes of maintaining this Lease with Unitized Operations pursuant to this section, the definitions for the defined terms Actual Drilling Operations, Actual Reworking Operations, Production in Paying Quantities, Acceptable Lease Operations and/or Shut- in Payments, are expanded to include operations, production or payments attributed to wells whether located on the Leased Premises or on lands pooled or unitized therewith.

  • For purposes of maintaining this Lease with40 Unitized Operations pursuant to this section, the definitions for the defined terms41 Actual Drilling Operations, Actual Reworking Operations, Production in Paying42 Quantities, Acceptable Lease Operations and/or Shut-in Payments, are expanded to43 include operations, production or payments attributed to wells whether located on the44 Leased Premises or on lands pooled or unitized therewith.

  • Applications must be dated and signed in ink by the organization’s officer, program director and/or applicant representative.

  • If Acceptable Lease13 Operations or Production in Paying Quantities is occurring at the end of the Primary14 Term, this Lease shall terminate unless Acceptable Lease Operations or Production15 in Paying Quantities continue without a lapse of greater than ninety (90) days16 between cessation of Acceptable Lease Operations or Production in Paying17 Quantities and their recommencement.

Related to Acceptable Lease Operations

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.