Area of Mutual Interest definition

Area of Mutual Interest or “AMI” shall mean an agreement between or among parties to a farm-out agreement or a joint operating agreement or other agreement by which the parties attempt to describe a geographical area within which they agree to share certain additional leases or other interests acquired by any of them in the future.

Area of Mutual Interest has the meaning set forth in Section 5.2(a).

Area of Mutual Interest. AMI" means the lands outlined on the plat attached hereto as Exhibit "A".

Examples of Area of Mutual Interest in a sentence

• The Parties hereby establish an Area of Mutual Interest "AMI", same to be comprised of the area outlined on the attached Exhibit "A", and which shall cover AMI Interests located therein.

• The Area of Mutual Interest (AMI) on which the Employee’s override is owed will be the same as the AMI entered into by Yuma with the third party drilling participants, and will be subject to any amendment of the agreement with the third party participants.

• Notwithstanding the foregoing, the provisions of Article 27 of the Operating Agreement (Area of Mutual Interest) will be applicable to the Parties hereto from and after the Effective Date and should RIDGEWOOD be required to reassign its interest in accordance with Article 4.3 of this Agreement then the Reassignment will also include any and all rights or interest acquired by RIDGEWOOD, as applicable, pursuant to said Article 27.

• The “ Xxxxxx Well #1” leases and any new lease to be acquired under this agreement, identified within the legal descriptions above, shall be designated as an Area of Mutual Interest (“AMI”) which shall expire on the termination of this Agreement.

• XXXXX holds operating working interest ownership in certain oil, gas, and mineral leases and the leasehold estates created thereby (the “Leases”), covering lands located in Pittsburg and Xxxxxxx Counties, Oklahoma and within the Lakeview Area of Mutual Interest, hereinafter referred to as the “Contract Area”; the Prospects and Lakeview Area of Mutual Interest all described more particularly in Exhibit “A” attached hereto and made a part hereof for all purposes.

More Definitions of Area of Mutual Interest

Area of Mutual Interest has the meaning set out in the Confidentiality Agreement.

Area of Mutual Interest means the area ** identified ** as Exhibit A.

Area of Mutual Interest shall have the meaning given to it in Section 16.1.

Area of Mutual Interest or “AMI” means the area outlined on Exhibit A, including, without limitation, the lands covered by the leases described in Exhibit A-1 and such other lands covered by leases or other interests that Redwood may obtain during the term of this Agreement within the AMI. If any lease or other interest acquired by Redwood lies partially within and partially outside of the AMI, the entire interest shall be considered as being situated within the AMI, and the AMI shall be revised to accord with any such change.

Area of Mutual Interest and “AMI” shall mean those certain areas outlined on the plats attached hereto as Exhibits “A-1,” “A-2,” “A-3,” “A-4” and “A-5.”

Area of Mutual Interest or “AMI” shall mean those certain areas outlined on the plats attached hereto as Exhibits X-0, X-0, X-0, X-0 and B-5.

Area of Mutual Interest or “AMI” means the areas depicted on Exhibit B.