Hydrocarbons definition
Examples of Hydrocarbons in a sentence
All Hydrocarbons produced from the Oil and Gas Properties of any Note Party shall be marketed on an arms-length basis to one or more Persons that are not Affiliates of a Note Party in accordance with the terms and conditions set forth in Section 4.28.
After the end of each Fiscal Quarter, the Issuer will evaluate its operated ▇▇▇▇▇ that have not produced commercial amounts of Hydrocarbons on a trailing twelve-month basis and, for 10% of such ▇▇▇▇▇, will comply with the Railroad Commission of Texas’ plugging and abandonment requirements for such ▇▇▇▇▇.
From and following the end of the Transition Period, each agreement for the purchase and sale of Hydrocarbons from any Note Party’s Oil and Gas Properties will be in the name of such Note Party.