Applicable Operating Agreement definition

Applicable Operating Agreement means any of them.

Applicable Operating Agreement has the meaning given to it in the Joint Development Agreement.

Applicable Operating Agreement shall have the meaning set forth in the Participation Agreement.

Examples of Applicable Operating Agreement in a sentence

• The rights and remedies granted to the Non-Defaulting Party in Section 10.1 and in any Applicable Operating Agreement shall be cumulative, not exclusive, and shall be in addition to any other rights and remedies that may be available to the Non-Defaulting Party, at law, in equity or otherwise.

• Reliance and Atlas shall be responsible for all other Development Costs and Qualified Costs for the Prospective Xxxxx in accordance with this Agreement and the Applicable Operating Agreement.

• In the event of any conflict or inconsistency between the terms and conditions of the Tax Partnership Agreement and the terms and conditions of this Agreement or any attachment or exhibit hereto or any Applicable Operating Agreement, the terms and conditions of the Tax Partnership Agreement shall govern and control as between the Parties.

• All operations conducted pursuant to this Agreement by Joint Development Operator or any Applicable Operating Agreement by any Party Operator shall be conducted in compliance with the terms and conditions of: (a) all applicable Laws; (b) those Leases upon which such operations are conducted; (c) the Applicable Operating Agreements, to the extent applicable to such operations; and (d) once agreed in accordance with Section 4.10, appropriate HSSE guidelines and principles.

• The work carried out and to be conducted with respect to the Prospective Xxxxx are agreed to be Development Operations relating to the Joint Interests pursuant to the provisions of this Agreement and the Applicable Operating Agreement entered into as of the Effective Date for such Prospective Xxxxx.

• Reliance shall not be entitled to conduct title examination of, or cause title corrective work to be made with respect to, the Conveyed Interests pursuant to the terms of this Agreement or any Applicable Operating Agreement.

• In addition, to the extent requested by Noble Operator, the Parties agree to use their respective commercially reasonable efforts to support Noble Operator in any vote with respect to becoming or remaining as operator under each other Applicable Operating Agreement relating to the NBL Operated Area.

• The Development Operator shall hold or cause a qualified escrow agent or trustee to hold for the account of the Parties any funds of the Parties advanced or paid to the Development Operator for the conduct of Development Operations pursuant to this Agreement and an Applicable Operating Agreement, and such funds shall remain the funds of the Party on whose account they are advanced or paid until used as provided in accordance with the terms of this Agreement and an Applicable Operating Agreement.

• In addition, to the extent requested by CONSOL Operator, the Parties agree to use their respective commercially reasonable efforts to support CONSOL Operator in any vote with respect to becoming or remaining as operator under each other Applicable Operating Agreement relating to the CNX Operated Area.

• Notwithstanding the terms of any Applicable Operating Agreements, and subject to Article X, a Development Operator may be removed as Development Operator under this Agreement (and as an operator under any other Applicable Operating Agreement) only for Good Cause.

More Definitions of Applicable Operating Agreement

Applicable Operating Agreement shall have the meaning set forth in the Joint Development Agreement. “Area A” shall have the meaning set forth in Exhibit A-1.

Applicable Operating Agreement means the Initial Operating Agreement or such other operating agreement as may, by mutual agreement, be entered into by the Parties after the Closing that governs and controls operations on all or part of the AMI, as applicable.