Examples of Natural Gas Rights in a sentence
Per; Name: Marc KellyTitle: Senior Vice PresidentSchedule “B” Purchased AssetsThe Purchased Assets consist of the Assets (as defined in the Sale Agreement, and each subsequent capitalized term herein having the respective meaning as defined therein), including, without limitation, the Petroleum and Natural Gas Rights, the Tangibles, and the Miscellaneous Interests, described in the attachments to this Schedule “B”, but specifically excluding the Excluded Assets.
Per: Name: Title: SCHEDULE "B" Purchased Assets The Purchased Assets consist of the Assets (as defined in the Sale Agreement, and each subsequent capitalized term herein having the respective meaning as defined therein), including, without limitation, (i) the Petroleum and Natural Gas Rights; (ii) the Tangibles; and (iii) the Miscellaneous Interests described in the attachments to this Schedule "B".
Upon the date on which any Person earns any interest in the Petroleum and Natural Gas Rights comprised in the Properties pursuant to such a farmout agreement, the interest in the portion of the Royalty to the extent it is calculated with reference to production from or otherwise relates to such Petroleum and Natural Gas Rights shall merge in the interest in such Petroleum and Natural Gas Rights and such interest in the Royalty shall thereupon terminate.
Notwithstanding anything in this Agreement, the Grantor shall have full right, power and authority to pool or unitize any of the Petroleum and Natural Gas Rights comprised in the Properties with any other Petroleum and Natural Gas Rights without the prior consent of the Royalty Owner, provided that the Grantor, acting in a reasonable and prudent manner, determines that the pooling or unitization and the terms thereof are in accordance with prudent oil and gas industry practises.
Notwithstanding anything in this Agreement, the Grantor shall be entitled to enter into farmout agreements with any Person in respect of the Petroleum and Natural Gas Rights comprised in the Properties, whereby such Person may acquire an interest in such Petroleum and Natural Gas Rights in exchange for the payment of capital costs, or other consideration, incurred with a view to exploit such Petroleum and Natural Gas Rights.
The adjustments shall constitute an increase or decrease, as the case may be, to the Purchase Price and to the amount allocated to the Petroleum and Natural Gas Rights.
Government of British Columbia, Ministry of Energy and Mines, Titles-05-02: “ Managing Co-existing Coal and Petroleum and Natural Gas Rights (Replaces E92-11)” (8 April 2005), online: MEMPR <http://www.em.gov.bc.ca/subwebs/Landsale/InfoLetters/petitles/Titles-05-02.htm> [Titles-05-02].
Subject to Article 11, this agreement shall continue in full force and effect for so long as there are Petroleum and Natural Gas Rights to which the NPI applies.
No Persons have possession of any Collateral other than (i) Hydrocarbons held by operators engaged with respect to Borrowers' Petroleum and Natural Gas Rights; (ii) the Persons who hold hedge accounts of the Credit Parties other than Coho Canada; (iii) the Credit Parties other than Coho Canada; and (iv) such other Persons identified to the Administrative Agent pursuant to the Security Documents.
The amount allocated to Petroleum and Natural Gas Rights in Clause 3.5 shall be increased by the additional amount paid by Purchaser to Vendor pursuant to this Clause.