Farm-Out Agreement definition

Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.
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Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another. “First Lien RBL Credit Agreement” means that certain Amended and Restated Credit Agreement dated as of July 31, 2013 among the Issuer,
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Farm-Out Agreement means an agreement to which section 96 applies; “Mining Act” means the Mining Act (Cap. 146);
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Examples of Farm-Out Agreement in a sentence

  • The Company and GeoPetro of San Francisco, California entered into a Farm-Out Agreement (“FOA”) dated 1 January 2000 pursuant to which the Company farmed out 40% of its 100% interest in each of the Yapen and Bengara subsidiaries and their respective underlying properties.

  • Eastern projectRoche Bay plc has entered into an Option and Farm-Out Agreement ("Option Agreement") and various amending agreements with Advanced Explorations Inc.

  • Pursuant to the Settlement Agreement, the Company agreed to pay US$400,000 and issue 1,000,000 common shares in settlement of the Farm-Out Agreement in exchange for cash consideration of $250,000.

  • On 30 September 2020, Aminex and ARA entered into an Additional Funding Agreement (“AFA”) whereby ARA will advance up to US$1.97 million to the Company that would otherwise have been payable to the Company as interim period costs under the Farm-Out Agreement.

  • On 23 March 2009, the company concluded an agreement, which superseded its 2007 Option and Farm-Out Agreement with Advanced Explorations Inc.


More Definitions of Farm-Out Agreement

Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers the ownership interest in an Oil and Gas Property to another.
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Farm-Out Agreement means a Royalty Agreement pursuant to which a Vendor has granted to a Third Party an option or other right to acquire an interest in a Property and pursuant to which a Royalty relating to production from such Property has been conferred on or reserved by or may otherwise become payable to the Vendor;
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Farm-Out Agreement means an agreement whereby the Company or a Restricted Subsidiary has granted a Person an option to pay all or a share of the exploiting, exploring, gathering or other expenses of exploration, development, processing, gathering or production of gold, copper, zinc or other base or metals (which agreement may be subject to a maximum payment obligation, after which expenses are shared in accordance with the working or participation interests therein or in accordance with the agreement of the parties) or perform such exploiting, exploring or gathering in exchange for an option to acquire an ownership interest from the Company or a Restricted Subsidiary in the related property.
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Farm-Out Agreement means the farm-out agreement in respect of Blocks 1708, 1709 and 1808 in offshore Namibia dated December 2014 between Camelot Investment Group (PTY) Ltd and ShoreCan, as amended by an amendment agreement dated February 4, 2015;
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Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to
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Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another. “Financial Officer” means the chief financial officer, accounting officer, treasurer, controller or other senior financial or accounting officer of theCompany or any Guarantor, as appropriate.
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Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another. “First Call Date” means February 1, 2026.
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