Future Well definition
Examples of Future Well in a sentence
Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper's Existing Well Interests, Shipper's Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.
Such ▇▇▇▇▇ shall be capable of producing natural gas in commercial quantities for delivery into the Gathering System, consistent with past practices, and will constitute Resource Entities' Future Well Interests or Future Investment Program Well Interests, as applicable.
Subject to the other provisions of this Agreement, this Agreement shall become effective as of its date and shall remain in effect so long as gas is produced from any of Shipper’s Existing Well Interests, Shipper’s Future Well Interests, Future Investment Program Well Interests or Existing Third Party Well Interests in economic quantities without a lapse of more than ninety (90) days.
Defendants will reimburse Plaintiff during the term of this Agreement for the capital costs of GAC for each other Existing and Future Well that Exceeds the MCL.
Affiliates and their direct and indirect subsidiaries may drill additional ▇▇▇▇▇ or acquire interests in other ▇▇▇▇▇ and connect them to the Gathering System or a Third Party Gathering System (as such term is hereinafter defined) after the date of this Agreement in accordance with the terms of the Omnibus Agreement (as such term is hereinafter defined) ("Shipper's Future Well Interests").