Pioneer Operating Agreement definition

Pioneer Operating Agreement has the meaning assigned thereto in Section 2.03.
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Pioneer Operating Agreement means the Fourth Amended and Restated Operating Agreement of Pioneer effective as of October 9, 1998.
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Pioneer Operating Agreement means that certain operating agreement of even date herewith, with Pioneer USA as operator and PSE USA as non-operator.
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Examples of Pioneer Operating Agreement in a sentence

  • This Agreement shall remain in effect until the earlier to occur of the following: (a) the termination of the Pioneer Operating Agreement and all Third Party Operating Agreements; or (b) the termination of this Agreement by the mutual written consent of the Parties.

  • Without limiting the preceding sentence, if Pioneer USA resigns as operator under the Pioneer Operating Agreement or any Third Party Operating Agreement (or is no longer the operator under any Third Party Operating Agreement for any reason), the Parties shall cause the successor operator to be subject to and bound by the terms of this Agreement.

  • PSE USA shall not have the right to remove Pioneer USA as the operator under the Pioneer Operating Agreement; however, if Pioneer USA resigns as the operator, or sells all of its interest in the area covered by the Pioneer Operating Agreement to a third party, PSE USA shall have the right to vote for the selection of a successor operator pursuant to the terms and conditions of Article V.B.2 of the Pioneer Operating Agreement.

  • PSE USA shall have the right to take its share of production under any Third Party Operating Agreement in kind pursuant to terms and conditions substantially similar to those applicable to PSE USA in Article VI.G of the Pioneer Operating Agreement.

  • PSE LLC shall not have the right to remove Pioneer USA as the operator under the Pioneer Operating Agreement; however, if Pioneer USA resigns as the operator, or sells all of its interest in the Contract Area to a third party, PSE LLC shall have the right to vote for the selection of a successor operator pursuant to the terms and conditions of Article V.B.2 of the Pioneer Operating Agreement.

  • The Parties desire to enter into this Agreement to set forth their understanding and agreement with respect to certain restrictions and limitations on the rights of PSE LLC and the further rights of the Parties under the Pioneer Operating Agreement and the Third Party Operating Agreements.

  • In addition, if Pioneer USA resigns as operator under the Pioneer Operating Agreement or any Third Party Operating Agreement (or is no longer the operator under any Third Party Operating Agreement for any reason), this Agreement shall terminate, insofar and only insofar as it applies to any then-existing Subject Assets covered by such operating agreement(s) under which Pioneer USA has resigned as or is no longer operator, when such resignation or other termination of operatorship becomes effective.

  • PSE LLC shall have the right, along with Pioneer USA, to propose, participate, and/or go non-consent in subsequent operations pursuant to the terms and conditions of Article VI.B of the Pioneer Operating Agreement; however, if a subsequent operation proposal by PSE LLC conflicts with a subsequent operation proposal by Pioneer USA (regardless of which proposal preceded the other), PSE LLC shall withdraw its proposal in favor of Pioneer USA’s proposal.

  • PSE LLC shall have the right to take its share of production under any Third Party Operating Agreement in kind pursuant to terms and conditions substantially similar to those applicable to PSE LLC in Article VI.G of the Pioneer Operating Agreement.

Related to Pioneer Operating Agreement

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM on file with the Commission.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III.

  • Company Operating Agreement means that certain Amended and Restated Limited Liability Company Agreement of the Company, effective as of April 18, 2016, as amended or restated as of the date hereof.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Co-operation Agreement means an agreement relating to compensation arrangements in the form of the relevant template Co-operation Agreement being:

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Redevelopment Agreement means an agreement between the

  • Use Agreement means the use agreement by and between the Owner and HUD which commences on or before the Effective Date, runs with the land, binds all subsequent owners and creditors of the Exemption Area, and requires that the housing project on the Exemption Area continue to operate on terms at least as advantageous to existing and future tenants as the terms required by the original Section 202 loan agreement or any Section 8 rental assistance payments contract or any other rental housing assistance contract and all applicable federal regulations.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Expense Agreement means the Agreement as to Expenses and Liabilities between the Depositor and the Trust, substantially in the form attached as Exhibit D, as amended from time to time.

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Development Agreement has the meaning set forth in the Recitals.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Enterprise Agreement means an agreement certified under the Workplace Relations Act 1996 (Cth) or approved under the Industrial Relations Act 1996 (NSW).