After-Acquired Interests. This Assignment is meant to and shall also transfer to Assignee any after-acquired rights, title or interest of Assignor in, to and under the Easements other than those that may hereafter be granted pursuant to the Purchase Agreement.
After-Acquired Interests. All of the provisions of this Agreement shall apply also to any and all Interests which may be issued or transferred to or acquired hereafter by a Member and/or to its transferees in consequence of any additional issuance, purchase or other disposition of Interests, or any form of recapitalization, or consolidation, or merger, or otherwise.
After-Acquired Interests. If at any time during the term of this Lease, lessee directly or indirectly stakes or otherwise acquires any interest in mineral claims or other forms of mineral tenure located wholly or partly within two (2) miles of the boundary of the Property as it existed at the Effective Date, then Lessee shall forthwith give notice to the Owner of such staking or acquisition, the costs thereof and all details in its possession with respect to the nature of the claims, or other forms of tenure and the known mineralization. Upon delivery of such notice, the Owner may elect by notice to Lessee to require that Lessee’s interest in such mineral claims or other forms of tenure be included in and thereafter form part of the Property. The staking or acquisition costs of any interest as aforesaid shall not constitute minimum advance royalties under section 1.2 hereof. Any ownership interests, possessory interests, or other property and royalty interests pertaining to the Property acquired by Owner following execution of this Agreement shall become subject to the terms and provisions of this Agreement. SECTION TWO
After-Acquired Interests. If the Membership Interests changes due to membership interest dividends, membership interest splits, additional acquisitions or combinations of membership interests, reclassifications, recapitalizations, mergers, consolidations, or reorganizations, this Agreement applies to all of the resulting equity securities, but not to any resulting debt obligations. Article Two
After-Acquired Interests. The provisions of this Agreement shall not apply to the any and all mineral and/or royalty interests which High Plains may hereafter acquire; provided, however, that with regard to the lease, exploitation or development of such interests, Pennaco is hereby granted a first right of refusal. In the event that High Plains receives a good faith offer to lease from an unrelated third party, or, for its own account, decides to exploit or develop such interests, High Plains shall give prompt notice to Pennaco including with such notice all supporting documentation, and Pennaco shall have ten (10) days to match such terms. In the event that Pennaco matches such offer it shall pay High Plains an amount equal to the amount offered by such third party on terms no less favorable than the terms contained in such offer.
After-Acquired Interests. Subject to the terms of this Agreement, Optionor shall have the right to exercise its rights under the Lease, including, without limitation, Optionor's right to purchase the fee interest in the Land and related improvements pursuant to Articles XXIII, XXIV and XXV of the Lease. The term "Property" includes any fee interest in the Land and improvements which Optionor may acquire after the date hereof.
After-Acquired Interests. All of the provisions of this Agreement shall apply to all of the Interests of the Company now owned or which may be issued to or acquired by a Member in consequence of any additional issuance, purchase, exchange, conversion or reclassification of Interests, reorganization or any other form of recapitalization, consolidation, merger, split or distribution, or which are acquired by a Member in any other manner.
After-Acquired Interests. The AMI shall be expanded after the ------------------------ Effective Date to apply to all After-Acquired Interests of the Company; provided, however, that the non-competition restriction set forth in Section 8.3 -------- ------- ----------- above shall not apply to any interests owned or operated by a Member within the AMI as of the date the Company acquires such After-Acquired Interests.
After-Acquired Interests. (i) With respect to each Program Well, all costs and expenses (including all Drilling and Completion Costs) attributable to any After-Acquired Interests covered by such Program Well shall be borne by the Parties in proportion to their actual Working Interests in such After-Acquired Interests.
After-Acquired Interests. If Owner acquires any interest in Gas within the Reserve Commitment Area subsequent to the date of this Agreement (the “After-Acquired Interests”), such After-Acquired Interests will likewise be dedicated to this Agreement in accordance with Section 1.1, provided, however, if such After-Acquired Interests are already dedicated to gathering and/or compression services by a third-party by agreement on the date of acquisition by Owner, then at the option of Owner, in its sole discretion, such After-Acquired Interests shall become dedicated hereunder at 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.
