Participating Area definition

Participating Area means a State, Territory or Country in which a person is authorised to Conduct Games of Powerball under a corresponding law;
Participating Area means a reservoir or portion of a reservoir producing or
Participating Area means all Unit Tracts and parts of Unit Tracts established under the provisions of Article 10 of this Agreement to allocate Unitized Substances produced from a reservoir.

Examples of Participating Area in a sentence

  • The effective date of any Participating Area established after the commencement of actual production of Unitized Substances shall be the first of the month in which is obtained the knowledge or information on which the establishment of said Participating Area is based, unless a more appropriate effective date is proposed by the Unit Operator and approved by the authorized officer.

  • Said schedule (or schedules) shall also set forth the percentage of Unitized Substances to be allocated, as herein provided, to each tract in the Participating Area (or Areas), and shall govern the allocation of production, commencing with the effective date of the Participating Area.

  • Exhibits must be prepared for each Participating Area established in the Unit Area.

  • The Initial PA shall contain the leases listed as the Initial Participating Area on Exhibit C.

  • One-eighth (1/8) of the revenue realized from the sale of such owner’s share of production from the Exploratory Well, and any subsequent well that is proposed on the applicable Participating Area under the terms of the Unit Operating Agreement and in which such owner elects not to participate, shall be paid to such mineral interest owner from the date of first production at the times and in the manner prescribed by law for the payment of royalty.


More Definitions of Participating Area

Participating Area means all Unit Tracts and parts of Unit Tracts designated as a Participating Area under Article 9 to allocate Unitized Substances produced from a Reservoir.
Participating Area means a State, Territory or Country in which a person is authorised to Conduct Games of Oz Lotto under a corresponding law;
Participating Area means a State, Territory or Country in which a person is authorised to Conduct Draw Lottery Games under a corresponding law;
Participating Area means a State, Territory or Country in which a person is authorised to Conduct Games of Set for Life under a corresponding law;
Participating Area means all Unit Tracts and parts of Unit Tracts established under the provisions of Article 10 of this Agreement to allocate Unitized Substances produced from a reservoir. Participating Area Expense means all costs, expenses, or indebtedness incurred by the Unit Operator under this Agreement for or on account of production from or Operations in a Participating Area and allocated solely to the Unit Tracts in that Participating Area.
Participating Area means a municipal participating area, a treaty first nation participating area or an electoral participating area, as applicable;
Participating Area means that part of an oil and gas lease unit areaapproved as being reasonably known to be underlain by hydrocarbons and known or reasonably estimated