Common use of Appointment of Operator Clause in Contracts

Appointment of Operator. 9.1 Unless otherwise agreed by the Parties in writing, and except as otherwise provided in this Article 9, the Optionor will act as Operator until the Operative Date, at which time the Operator will be the party with the largest Interest. If, after the Operative Date, the Parties’ Interests change, the party with the largest Interest will be the Operator.

Appointment of Operator. 9.1 10.1 Unless otherwise agreed by the Parties in writing, and except as otherwise provided in this Article 910, the Optionor will act as Operator until the Second Operative Date, at which time the Operator will be the party with the largest Interest. If, after the Second Operative Date, the Parties’ ' Interests change, the party with the largest Interest will be the Operator.