Amoco Properties definition

Amoco Properties means the Petroleum and Natural Gas Rights and other real and personal property to be purchased by Acquisitions from Amoco Production Company pursuant to the Amoco Purchase Agreement.
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Amoco Properties means the Oil and Gas Properties covered by the appraisal report of XxXxxxxx and XxXxxxxxxx, dated December 1, 1997, intended to be acquired by the Borrower pursuant to the Amoco Purchase and Sale Agreement (excluding the Beaver Creek Unit and Beaver Creek Plant, as such terms are defined by the First Amendment to Purchase and Sale Agreement dated May 22, 1998 between Amoco Production Company and the Borrower).
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Amoco Properties means the Oil and Gas Properties covered by the appraisal report of XxXxxxxx and XxXxxxxxxx, dated December 1, 1997, intended to be acquired by the Borrower pursuant to the Amoco Purchase and Sale Agreement (excluding the Beaver Creek Unit and Beaver Creek Plant, as such terms are defined by the First Amendment to Purchase and Sale Agreement dated May 22, 1998 between Amoco and the Borrower).
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Examples of Amoco Properties in a sentence

  • Such opinions and/or title reports may contain (i) in the case of any Amoco Properties comprised of oil and gas leases or interests therein, or participating mineral interests substantially all of which were acquired by Amoco Production Company or any of its Affiliates or Mobil Oil Corporation, Mobil Rocky Mountain, Inc.

  • The title opinions delivered to Administrative Agent in connection with the previously executed Loan Documents identify all of the Borrowers material Petroleum and Natural Gas Rights as of the Closing Date other than the Amoco Properties.

  • Each of Holdings and its Subsidiaries has good and defensible title to all of its properties and assets (including the Amoco Properties), and the properties and assets of Holdings and its Restricted Subsidiaries (including the Amoco Properties) are free and clear of all Liens except such as are permitted by Section 7.02(a) hereof.

  • The -------------------------------------------- agreement with Amoco Production Company to acquire the Amoco Properties (as such term is defined in the Offering Memorandum) has been duly authorized, executed and delivered by the Company.

  • Within 180 days -------------------------------------------------- following the closing of the Amoco Acquisition, Company shall provide to Agents an environmental assessment prepared by a firm of independent environmental engineers acceptable to Agents that cover a material portion of the Amoco Properties and evidencing that there are no violations of any Environmental Laws respecting the Amoco Properties that are likely to have a Material Adverse Effect on Company considered as a whole.

  • In addition to the condition precedent set forth in ----------------- Section 7.02, the obligation of each Bank to make its Advance to Company to finance Company's purchase of the Amoco Properties shall be subject to Company's providing to Agents such assignments and other instruments of conveyance from Amoco Production Company to Company evidencing that (subject to Permitted Liens) Company shall have good and defensible title to the Amoco Properties.

  • Within 120 days following ----------------------------------------- the closing of the Amoco Acquisition, Company shall provide to Agents title opinions and instruments of conveyance that evidence that Company owns good and defensible title, subject to Permitted Liens, to that portion of the Amoco Properties comprising at least fifty percent (50%) of the Borrowing Base value assigned to all of the Amoco Properties.

  • After the purchase price for the Amoco Properties has been reduced by an aggregate amount of $10,000,000 on account of Defect Properties, the Borrowing Base shall thereafter be reduced by the loan value assigned to any additional Defect Properties according to the reserve report covering the Amoco Properties that was delivered by Company to Agents or, if available, the most recent Reserve Report delivered to Banks.

  • Within one hundred eighty (180) days after the Effective Date, favorable title opinions and/or title reports addressed to the Administrative Agent and the Lenders and issued by counsel to the Borrower, satisfactory to the Administrative Agent in its reasonable discretion, as to the status of title to and Liens affecting the Amoco Properties containing at least seventy-five percent (75%) of the Proven Reserves as of the Effective Date attributable to the Amoco Properties.

  • The Limited Partners shall pay an amount not to exceed the remaining portion of its Capital Contribution referenced in SECTION 3.2(A) on the date on which the Partnership is to acquire the Amoco Properties, provided that all of the conditions set forth in such Section have been satisfied.


More Definitions of Amoco Properties

Amoco Properties means the Oil and Gas Properties and other Properties acquired by the Borrower pursuant to the Amoco Acquisition Documents.
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Amoco Properties means the oil and gas properties to be acquired by ---------------- Company upon closing of the Amoco Acquisition.
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Amoco Properties means the Hydrocarbon Interests and other real and personal property purchased by Coho Acquisitions Company from Amoco Production Company pursuant to that certain Purchase and Sale Agreement between Amoco Production Company and Coho Acquisitions Company, dated November 26, 1997.
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Amoco Properties means the Subject Properties proposed to be acquired from Amoco Production Company.
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Related to Amoco Properties

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);