Excluded Lands definition

Excluded Lands means the following Petroleum and Natural Gas Rights, lands, tangibles, and associated interests of CamWest and its Affiliates to the extent such property rights are not acquired as the result of SFD Data, SFD Information, and SFD Anomalies (the "Excluded Lands"):
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Excluded Lands means those Petroleum and Natural Gas Rights and ---------------- lands in which Encal has an interest or a right to acquire an interest including any such Petroleum and Natural Gas Rights or lands which have been posted (or a posting request has been submitted) at Crown land sales and for which Encal or Encal and any Third Parties are jointly in the process of evaluating with a view to making a bid, to the extent that such interest or right to an interest is in no way acquired by Encal or any Third Party acting jointly with Encal, as a result of any SFD Survey, SFD Anomaly, SFD Data or SFD Information hereunder and includes those Petroleum and Natural Gas Rights and lands defined in clause 22 hereunder;
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Excluded Lands shall have the meaning set forth in Section 12. --------------
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Examples of Excluded Lands in a sentence

  • CamWest shall provide Pinnacle with information pertaining to any Excluded Lands in the Exploration Area.

  • The Parties also recognize and agree that in the event that Excluded Lands are designated for a Project Area covering part, but not all of the Project Area, the payment provided for in this Section 3.3 shall not include any part of the Mobilization Fee related to the applicable Project Area as BOG shall still be required to pay such mobilization fee for the Project Area in accordance with the terms and provisions of Sections 3.1 above and Sections 3.4 and 3.5 below.

  • Anything to the contrary contained in this Agreement notwithstanding, in the event that BOG designates Excluded Lands and pays for the costs described in Section 3.3 above, BOG shall own one hundred percent of the ownership interest in the Program Data covering such Excluded Lands.

  • The immediately preceding clause will also govern any SFD Anomalies rejected by Encal and existing over Excluded Lands.

  • Notwithstanding anything contained in this Agreement -------------- to the contrary, Excluded Lands are specifically excluded from the terms of this Agreement.

  • Provided, however, Pinnacle shall not be required to present such SFD Anomalies or features on any lands that would qualify as Excluded Lands pursuant to Clause 8.

  • During the 3-day wait period, the con- tractor employee must sign in daily for facil- ity access.

  • In the event that BOG designates Excluded Lands covering all or part of a Project Area, BOG shall pay one hundred five percent of the Turnkey Charge and one hundred percent of the other Seismic Acquisition Costs related to such Excluded Lands within thirty days of BOG's receipt of an invoice correctly indicating the costs which have been incurred.

  • Notwithstanding the foregoing, such restrictions on drilling and other operations shall not apply to Initially Excluded Lands as long as they remain excluded, or to reservoirs, the entirety of which are, and pursuant to this Agreement, will continue to be owned 100% by a party to the exclusion of all other parties.

  • As such, the Contract Mileage utilized for purposes of calculating the Final Payout Amount is equal to the number of square miles that have been covered by 3-D Operations conducted hereunder, less and except the number of square miles that are covered by the Excluded Lands.


More Definitions of Excluded Lands

Excluded Lands means the lands legally described in Schedule “K”.
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Excluded Lands means certain zones and formations from the top of the Doig to the base of the Montney formations within the lands from Township 063, Range 20, W5M north up to and including Township 089, Range 13, W6M and any lands pooled or unitized therewith, together with any Petroleum Substances within, upon or under to such lands, as more particularly identified on Schedule "J" to the Asset Purchase and Sale Agreement;
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Excluded Lands means that real property listed on Schedule C;
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Excluded Lands means the Petroleum Substances within, under or upon the lands described in the Excluded Land Schedule, subject to the restrictions and exclusions set forth therein as to Petroleum Substances and geological formations, and any other interests in oil and gas properties legally or beneficially owned by the Limited Partnership;
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Excluded Lands means any land cover of forest, water or wetland.
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Related to Excluded Lands

  • Excluded Real Property (a) any Real Property that is subject to a Lien expressly permitted by Section 7.3(j) (solely to the extent that the Indebtedness secured by such Lien would prohibit a Lien on such Real Property to secure the Obligations) or Section 7.3(g) (solely to the extent securing Indebtedness under Sections 7.2(c) or 7.2(t)), (b) any Real Property with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the cost of providing a mortgage on such Real Property in favor of the Secured Parties under the Security Documents shall be excessive in view of the benefits to be obtained by the Lenders therefrom and (c) any Real Property to the extent providing a mortgage on such Real Property would (i) result in material adverse tax consequences to Holdings or the Borrower or any of its Restricted Subsidiaries as reasonably determined by the Borrower (provided, that any such designation of Real Property as Excluded Real Property shall be subject to the prior written consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed)), (ii) violate any applicable Requirement of Law, (iii) be prohibited by any applicable Contractual Obligations (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) to the extent such prohibition was not created in contemplation of a mortgage on such Real Property or (iv) give any other party (other than a Loan Party or a wholly-owned Subsidiary) to any contract, agreement, instrument or indenture governing such Real Property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) to the extent such right was not created in contemplation of a mortgage on such Real Property; provided that the Borrower may designate in a written notice to the Administrative Agent any Real Property not to constitute “Excluded Real Property”, whereupon the Borrower shall be obligated to comply with the applicable requirements of Section 6.8 as if it were newly acquired.

  • 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.

  • Developed Land means non-vacant land that is likely to be redeveloped during the planning period.

  • Undeveloped Land means raw land that has not been filled to grade or been permitted for development.

  • Excluded Property shall have the meaning set forth in the Security Agreement.