Formation definition

Formation means a distinct geologic interval, sometimes referred to as the strata, which has characteristics (such as permeability, porosity and hydrocarbon saturations) that distinguish it from surrounding intervals.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Formation means an assemblage of earth materials grouped together into a unit that is convenient for description or mapping.

Formation means a body of rock characterized by a degree of lithologic homogeneity which is prevailingly, but not necessarily, tabular and is mappable on the earth's surface or traceable in the subsurface.

Examples of Formation in a sentence

• The existence of the Company as a separate legal entity shall continue until cancellation of the Certificate of Formation as provided in the Act.

• The existence of the Company as a separate legal entity shall continue until the cancellation of the Certificate of Formation as provided in the Delaware Act.

• The Company shall not be required, before or after filing, to deliver or mail a copy of the Certificate of Formation, any qualification document or any amendment thereto to any Member.

• The term of the Company commenced on the date of the filing of the Certificate of Formation in the office of the Secretary of State of the State of Delaware, and the Company will have perpetual existence until dissolved and its affairs wound up in accordance with the provisions of this Agreement.

• The execution of the Certificate of Formation and the filing thereof in the office of the Secretary of State of the State of Delaware are hereby ratified, confirmed and approved.

More Definitions of Formation

Formation. ’ means any vein, seam, stratum, bed, or other naturally occurring deposit.

Formation. 56039. "Formation" means the creation of a district.

Formation means the whole process of establishing a company in accordance with national law, including the drawing up of the company’s instrument of constitution and all the necessary steps for the entry of the company in the register;

Formation. (UIC) means a body of rock characterized by a degree of lithologic homogeneity that is prevailingly, but not necessarily, tabular and is mappable on the earth’s surface or traceable in the subsurface.

Formation. 56039. "Formation" means the creation of a district. "Function" 56040. "Function" means any power granted by law to a local agency to provide designated governmental or proprietary services or facilities for the use, benefit, or protection of persons or property. "Improvement district" 56041. "Improvement district" means an area or zone formed for the sole purpose of designating an area which is to bear a special tax or assessment for an improvement benefiting that area.

Formation means the creation of any Person by a Loan Party of any of its Subsidiaries.

Formation means a layer of rock which has distinct characteristics that differs from nearby rock;