Common use of Consent Requirements for Subsequent Tax Or FMV Capital Account Elections Clause in Contracts

Consent Requirements for Subsequent Tax Or FMV Capital Account Elections. Unless stipulated differently in Section 9.3, future elections, in addition to or in amendment of those in this agreement, must be approved by the affirmative vote of two (2) or more Parties owning a majority of the System Ownership.

Appears in 3 contracts

Samples: Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.), Gas Gathering Agreement (Epsilon Energy Ltd.)

AutoNDA by SimpleDocs

Consent Requirements for Subsequent Tax Or FMV Capital Account Elections. Unless stipulated differently in Section 9.3Sec. 0, future elections, in addition to or in amendment of those in this agreement, must be approved by the affirmative vote of two (2) or more Parties owning a majority of the System Ownershipworking interest based upon post-Payout ownership.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ausam Energy Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.