Remedial Operations definition
Remedial Operations means reworking, redrilling, cleaning, testing, and the repair and replacement of ▇▇▇▇▇ and facilities for the production or use of Geothermal Resources. Remedial Operations shall be deemed continuous so long as such operations do not cease for a period of more than two (2) consecutive years. Production in “commercial quantities” shall mean production in such quantities of Geothermal Resources, produced, sold, or used, or capable of being produced, sold, or used, either from the Premises or lands pooled or unitized therewith, the value of which, after deducting Lessor’s royalty hereunder and Lessee’s normal operating costs will provide to Lessee a return of such costs.
Remedial Operations means reworking, redrilling, cleaning, testing, and the repair and replacement of ▇▇▇▇▇ and facilities for the production or use of Substances and/or Geothermal Resources. Remedial operations shall be deemed
Remedial Operations means reworking, redrilling, cleaning, testing, and the repair and replacement of ▇▇▇▇▇ and facilities for the production or use of Substances or Geothermal Resources. Remedial operations shall be deemed continuous so long as such operations do not cease for a period of more than two (2) consecutive years. For the purpose of this Lease, production in “commercial quantities” shall mean production in such quantities of Geothermal Resources and/or Substances produced, sold, or used, the value of which, after deducting Lessor’s royalty hereunder and Lessess’s normal operating costs will provide to Lessee a return of such costs.