Examples of Operated Xxxxx in a sentence
All Operated Xxxxx have been located, drilled and completed in substantial compliance with all laws applicable thereto except where the failure to be in substantial compliance with all laws applicable thereto will not have a Material Adverse Effect.
LINN shall continue to be the operator of record for the Operated Xxxxx Properties during the Transition Period of this Agreement.
Upon Buyer’s request made no later than thirty (30) days prior to Closing for Seller to provide for the operation and/or administration of the Operated Xxxxx or Assets (as applicable) for an interim period of time after the Closing, Seller and Buyer shall then proceed to negotiate in good faith towards a form of transition services agreement to be entered into by the parties at Closing.
During the Accounting Period, LINN shall provide to Xxxxx monthly aged accounts receivable reports detailing any uncollected joint interest xxxxxxxx issued to Third Parties for operations conducted on the Operated Xxxxx Properties not otherwise accounted for prior to the Effective Date between the Parties.
With respect to the Xxxxx Xxxxx included in the Operated Xxxxx Properties, during the Transition Period, LINN shall provide supervision for remedial operations and well service operations, and establish and maintain well files, as further described in Section 1.5 of Exhibit B.
If such condition exists on an Operated Xxxxx Property and either represents imminent danger or is required under Applicable Law to be remediated immediately, then LINN shall, unless otherwise instructed by Xxxxx, remediate such condition at Xxxxx’x sole cost and expense, subject to the indemnity obligations described in this Agreement.
Xxxxx shall have access to the Operated Xxxxx Properties, the Xxxxx Facilities, and the Xxxxx Related Assets at all times during normal business hours.
The Parties agree that Participant shall be deemed to have become the operator of all Participant Operated Xxxxx on a contract operator basis, with the understanding that Eureka shall resume operatorship of each Participant Operated Well upon first production upon completion of such well Through the Tanks.
The Parties agree that Participant shall be deemed to have become the operator of all Participant Operated Xxxxx on a contract operator basis, with the understanding that Eureka shall resume operatorship of each Participant Operated Well upon first production upon completion of such well Through the Tanks.
One operated patient’s confidante stated, “Since the operation, she hasn’t sat down” (Friend of Operated Xxxxx, 00, Xxxxx).