Option Acreage definition

Option Acreage has the meaning set forth in Section 6.3(a).
Sample 1Sample 2Sample 3
Option Acreage shall have the meaning set forth in the Participation Agreement.
Sample 1Sample 2Sample 3
Option Acreage included thereunder, all as more particularly described therein.
Sample 1Sample 2

Examples of Option Acreage in a sentence

  • Within 15 days after such Acquisition Notice is delivered to Reliance, Reliance will have the option to acquire all, but not less than all, of its Participating Interest Share of such “non-unit” acreage (the “Option Acreage”) on the same terms and conditions on which the Atlas Person acquired or has proposed to acquire the Option Acreage by providing written notice of such election to Atlas.

  • Statewide spacing to start (40-acre centers) – helium has unique drainage characteristics that need more data, Primary Acreage in Dark Blue (24,379) Option Acreage in Purple (17,374) <..


More Definitions of Option Acreage

Option Acreage has the meaning set forth in Section 16.2 of this Agreement.
Sample 1
Option Acreage means acreage that the Subsidiary has the right to acquire pursuant to the Exploration Agreement.
Sample 1

Related to Option Acreage

  • Option means a stock option granted pursuant to the Plan.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Option Period means the period during which an Option may be exercised.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.