Formation Material definition

Formation Material means naturally occurring material generated during the drilling process that is composed of sands, silts, clays or fragments of rock and which is not in a dissolved state.
Formation Material means naturally occurring material generated during the drilling process that

Examples of Formation Material in a sentence

  • SCHEDULE 3.15 SUBSIDIARIES AS OF THE AVAILABILITY DATE Subsidiary Owner Percentage Ownership Jurisdiction of Formation Material Subsidiary ▇▇▇▇▇▇▇▇ 66 Partners Holdings LLC ▇▇▇▇▇▇▇▇ 66 Partners LP 100% Delaware Yes ▇▇▇▇▇▇▇▇ 66 Carrier LLC ▇▇▇▇▇▇▇▇ 66 Partners Holdings LLC 100% Delaware Yes SCHEDULE 6.3(b) DEBT SECURED BY TRANSFERRED LIENS None.