Reserve Commitment Area definition

Reserve Commitment Area means all Gas reserves in and under or attributable to the area shown on Exhibit A.
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Examples of Reserve Commitment Area in a sentence

  • If Owner acquires any interest in additional gas within the Reserve Commitment Area, such additional gas will likewise be dedicated to this Agreement, provided, however, if such additionally acquired interest is dedicated to gathering by others by agreement on the date of acquisition by Owner, then such gas shall become dedicated hereunder upon the end of any primary term under prior agreement, or upon such earlier date as Owner may have any right or option to terminate such prior agreement.

  • Owner warrants title to all gas reserves in and under or attributable to within the Reserve Commitment Area as fully described in Exhibit A attached hereto ("Owner’s Reserves").

  • Except as expressly excepted in Exhibit A, Owner hereby exclusively commits and dedicates to Gatherer, subject to Owner's Reservations below, all of Owner's Reserves, in and under the Reserve Commitment Area.

  • If Seller acquires any interest in additional Gas within the Reserve Commitment Area, such additional Gas shall likewise be dedicated to this Agreement; provided however, if such additionally acquired interest is dedicated to others by agreement on the date of acquisition by Seller, then such Gas shall only be considered to be dedicated hereunder upon the end of the primary term of such prior agreement.

  • Except as expressly excepted in Exhibit A and subject to Gatherer’s compliance with the terms and conditions of this Agreement, Owner hereby exclusively commits and dedicates to Gatherer, subject to Owner's Reservations below, all of Owner's Reserves, in and under the Reserve Commitment Area.

  • Except as expressly excepted in Exhibit A, Owner hereby exclusively commits and dedicates to Gatherer, subject to Owner's Reservations below, all of Owner's Interests, in and under the Reserve Commitment Area.

  • Except as expressly excepted provided in Exhibit A, Owner hereby exclusively commits and dedicates to Gatherer this Agreement, subject to Owner's Reservations below, all of Owner's Reserves, in and under , all of Owner’s present interest in gas reserves in, under, or attributable to the Reserve Commitment Area ("Owner’s Reserves").

  • Owner warrants title to all gas produced from the Committed Reserves located in and under or attributable to within the Reserve Commitment Area as fully described in Exhibit A attached hereto ("Owner’s Reserves").

  • Owner warrants title to all gas reserves in and under or attributable to the Reserve Commitment Area as fully described in Exhibit A attached hereto ("Owner’s Reserves").

  • Owner shall notNeither party shall assign or transfer its rights hereunder or in the Reserve Commitment Area without first obtaining Provider's written consent from the other Party to such assignment or transfer, which shall not be unreasonably withheld.

Related to Reserve Commitment Area

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Available Commitment means a Lender’s Commitment minus:

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.