Joint Operating Agreements definition
Examples of Joint Operating Agreements in a sentence
FXEN and APACHE are in the process of drafting the documents which will govern their respective rights and obligations, which at present include Partnership Agreements, Joint Operating Agreements, and Accounting Procedure Agreements (collectively, and including substitute documents, the "Operating Documents").
Each Party shall notify the other Parties in writing whether or not it accedes to the Plan for Development and Operation in accordance with the Joint Operating Agreements.
For the purposes of this Section 4, reference to "JOA" shall include any the then current Joint Operating Agreements.
Buyer shall have the right during the Review Period to perform an assessment of the environmental condition of the Assets, including the right to collect and analyze any air, soil, surface water, or groundwater samples that Buyer deems appropriate, subject to any limitations imposed on Seller’s right to do the same pursuant to any Joint Operating Agreements.
No Party may assign any or all of its rights under this Agreement without the prior written consent of the other Party; provided USG may assign this Agreement to an affiliate of USG that also receives an assignment of all of USG's interest in the Property and expressly assumes USG's obligations under this Agreement and the Joint Operating Agreements, without the prior written consent of AEE.