Form Joint Operating Agreement definition

Form Joint Operating Agreement means one or more joint operating agreements reasonably satisfactory in form and substance to the Required Consenting Berry Creditors that shall replace the existing agency agreements for the LINN Debtors and Berry and shall contain standard provisions governing the rights and obligations afforded an operator and non-operating working interest owner.
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Form Joint Operating Agreement means one or more joint operating agreements reasonably satisfactory in form and substance to the Required Consenting LINN Creditors (with respect to any of the LINN Debtors or Reorganized LINN Debtors) that shall replace the existing agency agreements for the LINN Debtors and Berry and shall contain standard provisions governing the rights and obligations afforded an operator and non-operating working interest owner.]
Sample 1

Examples of Form Joint Operating Agreement in a sentence

  • The requested Model Form Joint Operating Agreement employed by the Applicant and proposed to the owners set out in Finding Nos.

  • Governing agreements for this Project will be this Participation and Operating Agreement, the contract operator Model Form Joint Operating Agreement including accounting and misc.

  • Vaquero shall notify BOG in writing as to whether Vaquero will propose and participate in such operation (a "BOG Proposed Operation") under the terms of the Form Joint Operating Agreement within thirty (30) days of its receipt of notice of BOG's Proposed Operation; provided, however, that in the event that Vaquero fails to notify BOG in writing within such time period Vaquero shall be deemed to have elected not to participate in the BOG Proposed Operation.

  • Texas Supreme Court: A “clause in a contract designed to relieve one party of liability to the other for specified injury or loss incurred in the performance of the contract.” This discussion will focus on the clause in the Model Form Joint Operating Agreement, but the concepts apply to other oil patch agreements.

  • Petroleum Landmen (2007) Model Operating Procedures, § 25.02; AMPLA (2011) Model Form Joint Operating Agreement § 4.7. 56 See, e.g., A.A.P.L. Form 610 – Model Form Operating Agreement (2015), Art.

  • The Applicant plans to drill such well (the “initial well”) to test the Pitkin Formation Formation and any intervening formations for the production of hydrocarbons.3. The requested Model Form Joint Operating Agreement employed by the Applicant and proposed to the owners set out in Finding Nos.

  • American Association of Professional Landmen (AAPL) Form 610-AAPL Form Joint Operating Agreement ▪Since 1956, the AAPL has provided the domestic oil and gas industry with a standardized form of operating agreement governing the development of oil and gas properties.

  • Originally introduced as the Ross- Martin form 610 Model Form Joint Operating Agreement in 1956, the American Association of Professional Landmen model form operating agreement has been revised in 1977, 1982, 1989, in 2013 as the 1989(Horizontal Revisions), and the new 2015 model form released in April of 2016.1 This set of forms has collectively become the industry standard beginning point for operating agreements in all producing regions of the United States.

  • The 2002 AIPN Model Form Joint Operating Agreement can be a useful tool, whether used as a base document which is adapted to suit domestic law and conditions or as a source of terminology and clauses to supplement local joint operating agreements or to provide alternatives (eg in the case of impasse) which are accepted by negotiating parties as conforming with generally accepted industry practices.

  • The action arose as an alleged breach of a 1982 Model Form Joint Operating Agreement between Texstar North American, Inc.

Related to Form Joint Operating Agreement

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM on file with the Commission.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Co-operation Agreement means an agreement relating to compensation arrangements in the form of the relevant template Co-operation Agreement being:

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III.

  • Company Operating Agreement means the Second Amended and Restated Operating Agreement of the Company, dated as of January 25, 2019, as amended or supplemented from time to time.

  • Common Billing Agreement means an agreement between the Appointee and any other person under which that person has undertaken to pay, on terms agreed between them, charges for water supply or sewerage services, or both, in respect of two or more Houses which have a common Supply Pipe and which, in any case where that agreement relates to one of those services only, are also subject to a similar agreement for common billing between that person and the undertaker providing the other service;

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Training Agreement means an agreement registered under the provisions of the Industrial and Commercial Training Act 1985.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • JV Agreement has the meaning set forth in the Recitals.

  • joint operation means 2 or more joint holders must authorise any withdrawal, payment or transfer from the account (including a direct debit)

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Mediation agreement means a written agreement between the parties to a mediation meeting.

  • Clean Team Agreement means that certain Clean Team Confidentiality Agreement, dated April 25, 2024, between Parent and the Company.

  • Generation Interconnection Agreement means the large generator interconnection agreement to be entered into separately between Seller and Interconnection Provider concerning the Interconnection Facilities.

  • Construction Services Agreement means this Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Enterprise Agreement means an agreement certified under the Workplace Relations Act 1996 (Cth) or approved under the Industrial Relations Act 1996 (NSW).

  • Transportation Agreement means an agreement pursuant to the Tariff under which Transporter provides Transportation or other contract services to a Shipper.

  • Development Agreement has the meaning set forth in the Recitals.

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;