Proved Properties definition

Proved Properties means Oil and Gas Properties which are identified as “Proved Reserves” on the most recent Engineering Report.

Proved Properties means properties with proved reserves.

Proved Properties means Oil and Gas Properties which are identified as "Proved Reserves" on the most recent Engineering Report." 2.2

Examples of Proved Properties in a sentence

• ON MOTION by Director Sherrill, seconded by Vice President Cockrell, by Roll Call Vote, the Board voted unanimously to Award Contract for one (1) Type-3 BME Fire Engine to Golden State Fire Apparatus, Inc.

• The parties hereby waive and release all rights of partition, or of sale in lieu thereof, or other division of such Prospects and Proved Properties, including any such rights provided by Law.

• This Agreement shall not entitle SUIT to participate in any Prospects or Proved Properties obtained by Contango by means of (i) any acquisition of equity interests in entities owning Prospects, Proved Properties or Acquisition Agreements or rights to acquire Prospects, Proved Prospects or Acquisition Agreements, (ii) any merger or (iii) any business combination.

• Each acquisition by SUIT of an undivided interest in Prospects and Proved Properties will be subject to the same Encumbrances which burden such Prospects and Proved Properties when they are acquired by Contango, but Contango shall not add, or allow to be added, any further Encumbrances to such Prospects and Properties to SUIT's undivided interest therein.

• With respect to the Owned Properties and the JOA Properties, the leases and other contracts and agreements, permits and approvals forming a part of the Eligible Proved Properties, which are material to the operation or value of any Properties, when taken as a whole, are in full force and effect.

More Definitions of Proved Properties

Proved Properties where alphabetically appropriate:

Proved Properties has the meaning ascribed in the Recitals of this Agreement.

Proved Properties means oil and gas processing plants, oil and gas pipelines and gathering systems, and those portions of oil and gas properties to which are properly attributable proved developed producing reserves, proved developed non-producing reserves, or proved undeveloped reserves.

Proved Properties means all Proved Reserves owned by the Borrower and its Restricted Subsidiaries or in which the Borrower or any Restricted Subsidiary has any right, title or interest pursuant to any Leases or any other agreements and which rights, title and interests constitute, in the determination of the Administrative Agent and the Lenders, rights, titles and interests in and to real Property under applicable state law.

Proved Properties where alphabetically appropriate: "'First Amendment' means the First Amendment to this Agreement entered into as of May 3, 2005, among Borrower, the Administrative Agent and each of the Lenders."

Proved Properties means those Properties identified on EXHIBIT A-2 as APROVED PROPERTIES@.

Proved Properties means properties listed as having "proved developed oil and gas reserves" on the report entitled "McMoRan Oil & Gas LLC Estimated Future Reserves as of December 31, 2001" prepared by Xxxxx Xxxxx.