Eagle Ford Leases definition
Eagle Ford Leases means one or more leases, royalty, leasehold, working, operating, carried, net revenue, net profit, reversionary and other mineral Rights, interests and Contract Rights, held or acquired by the Seller, ▇▇▇▇ ▇▇▇▇▇▇▇ or any of their affilates in the Eagle Ford area of South Texas. Edsels has the meaning set forth in Recital C.
Examples of Eagle Ford Leases in a sentence
The Buyer will pay the consideration upon due execution and deliver of such Eagle Ford Leases.
The Seller and Buyer hereby agree to negotiate in goodfaith the assignment and conveyance to Buyer of the rights and interests that the Seller, or any of its affiliates, may hereafter acquire in one or more Eagle Ford Leases, as may mutually be agreed, in consideration for 1,000,000 shares of common stock of the Buyer.