Examples of Actual Drilling Operations in a sentence
The commencement or resumption of Actual Drilling Operations or Production in Paying Quantities or payment of Rental within the ninety (90) day period shall have the same effect as though such were commenced, resumed or Rental paid on or before the Anniversary Date.
Timely payment of a Rental shall extend for twelve (12) months from the Anniversary Date, the time within which Actual Drilling Operations or Production in Paying Quantities must be commenced in order to maintain this Lease.
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 xxxxx whether located on the Leased Premises or on lands pooled or unitized therewith.
If, during the Primary Term but after the first year thereof, this Lease has been maintained and Actual Drilling Operations or Production in Paying Quantities is not occurring on an Anniversary Date, this Lease shall terminate unless Lessee pays a Rental to the Lessor on or before that Anniversary Date.