Available Acreage definition

Available Acreage means total acreage minus buffer zones.
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Available Acreage is specified as Exhibit B (the “Available Acreage”).
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Available Acreage means Chevron's interest in the acreage and those aliquots and depths describe on Exhibits "A" and "B" attached hereto and made a part hereof.
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Examples of Available Acreage in a sentence

  • Economics Research Associates, Preliminary Investigation of Available Acreage for Project Winter (Jan.

  • The acreage to be covered by the Farmout Agreement will consist of the Available Acreage as to the respective Prospect on Exhibit "A" or Exhibit "B".

  • The Osage shall not permit any party other than AMVEST to enter into Coalbed Methane Leases on any of the Available Acreage or the Excluded Acreage which comprise the Area of Interest during the term hereof unless AMVEST has notified the Osage in writing that it has no intention to lease specific quarter sections comprising the Area of Interest.

  • As to each Lease that remains subject to this Agreement, until Ridgewood has earned and received an assignment of an interest, or relinquishes its rights to earn any interest therein, or until this Agreement terminates, Chevron agrees not to create any additional lease burdens, marketing commitments, or other contractual obligations on such Leases as to the Available Acreage and agrees not to assign all or a portion of its interest in the Contract Acreage, except as contemplated by Sections 3, 4 and 8.

  • If AMVEST so elects, it may, by providing written notice to the Osage, nominate a number of acres from the Available Acreage which is equal in number to the acreage so released or surrendered which nominated acreage shall, at no additional cost to AMVEST, become a part of the Licensed Acreage in lieu of the acreage so released or surrendered.

  • As to the Lease(s) that are subject to this Agreement, until Company has earned and received an assignment of an interest, or relinquishes its rights to earn any interest therein, or until this Agreement terminates, Chevron agrees not to create any additional lease burdens, marketing commitments, or other contractual obligations on such Lease(s) as to the Available Acreage.

  • This Agreement will cover only the Available Acreage as described in Exhibits "A" and "B".

  • If Ridgewood has not earned an interest in all of the Available Acreage in a Prospect listed on Exhibits "A" or "B," but has earned an interest in shallower portions of the Leases comprising such Prospect by participating in an Initial Test Well, then any well drilled by Ridgewood under the terms of this Article 5 shall be subject to the terms of the applicable Operating Agreement governing such shallower portions of the Lease unless otherwise mutually agreed to by the Parties.

  • However, if the developer has served the Notice to take Vacant Possession, you will not be eligible for the CPF Housing Grant.Q21.

  • This Agreement shall cover only the Available Acreage as described in Exhibits "A" and "B." Should any acreage be jointly acquired pursuant to the provisions of this Agreement as stated in Section 2.4 below, then said newly acquired acreage shall automatically become part of the Contract Acreage.


More Definitions of Available Acreage

Available Acreage means the acreage within the Area of Interest depicted on Exhibit “A,” and more precisely described on Exhibit “A-1,” which is subject to this Agreement and from which AMVEST may select the Phase I Acreage, the Phase II Acreage, the Phase III Acreage and the Phase IV Acreage.
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Available Acreage means the non-productive acreage located on the Leases listed on Exhibit "A" attached hereto and made a part hereof which non-productive acreage is subject to this Agreement.
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Available Acreage. (as defined herein) and other factors, Dolphin is willing to participate up to a potential maximum of U.S. $17,000,000 with Horizon in developing additional coal bed methane reserves by drilling Wells on Available Acxxxxx and acquiring interests in relevant leases;
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Available Acreage means leased acreage other than the Program Acreage located in Sheridan County, Wyoming in which Dolphin has a working interest, of which Dolphin is the operator and in which Dolphin may assign a working interest to Horizon free and clear of any liens and encumbrances.
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Available Acreage means Chevron's interest in the acreage described on Exhibits "A" and "B" attached hereto and made a part hereof..
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Related to Available Acreage

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • Available Date means the date upon which Licensor notifies MSDH that the Software may be accessed on the Licensor’s ASP server and MSDH may begin acceptance testing.

  • Acreage means the number of acres of land area of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the Board may rely on the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.

  • Net Acres means, as computed separately with respect to each leasehold, (a) the number of gross acres in the lands covered by such leasehold, multiplied by (b) the undivided percentage interest in oil, gas and other minerals covered by such leasehold in such lands, multiplied by (c) Producer’s working interest or undivided interest in such leasehold.”

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Undeveloped Land means (i) all undeveloped land existing on or acquired after the Issue Date and (ii) any operating property of the Company or any Subsidiary that is subject to a casualty event that results in such property ceasing to be operational.

  • Proved Undeveloped Reserves means Proved Reserves which are categorized as “Undeveloped” in the Definitions.

  • Other Available Shares means, as of any date, the sum of:

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Timber Sale Area means the area or areas designated as such on Exhibit A and located on the ground by reference to legal subdivisions, monuments, natural land features, improvements, or sale boundary signs. Down Timber is defined as timber that is down as of the date of this contract, as determined by STATE.

  • Available Commitment means a Lender’s Commitment minus:

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

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Required Reserves at any time means the product of (x) the Net Pool Balance and (y) the greater of (I) 13.00% and (II) the sum of (a) the Yield Reserve Ratio, plus (b) the Servicing Fee Reserve Ratio, plus (c) the greater of (i) the sum of the Loss Reserve Ratio and the Dilution Reserve Ratio and (ii) the Minimum Reserve Ratio, each as in effect at such time.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • Borrowing Base Amount means:

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Reserve Report means a report, in form and substance reasonably satisfactory to the Administrative Agent, setting forth, as of each January 1st or July 1st (or such other date in the event of an Interim Redetermination) the oil and gas reserves attributable to the Oil and Gas Properties of the Borrower and its Subsidiaries, together with a projection of the rate of production and future net income, taxes, operating expenses and capital expenditures with respect thereto as of such date, based upon the economic assumptions consistent with the Administrative Agent’s lending requirements at the time.

  • Eligible area means a distressed area, a labor surplus area, an inner city area, or a situational distress area.

  • Credit Available for Export Transactions means a designation of credit to be used for Export Transactions that is allocated by each Market Participant from its Credit Available for Virtual Transactions, and which reduces the Market Participant's Credit Available for Virtual Transactions accordingly.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Available Facility means the aggregate for the time being of each Lender’s Available Commitment.