Common use of DISCRETIONARY TERMS Clause in Contracts

DISCRETIONARY TERMS. Determination of "necessary", "appropriate" and other discretionary terms as used herein shall be according to the judgment and discretion of the respective parties in accordance with generally accepted standards of the oil and gas industry.

Appears in 4 contracts

Samples: Management Agreement (Quicksilver Resources Inc), Administrative Services Agreement (Nuevo Energy Co), Management Agreement (Quicksilver Resources Inc)

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DISCRETIONARY TERMS. Determination of "necessary", ------------------- "appropriate" and other discretionary terms as used herein shall be according to the judgment and discretion of the respective parties in accordance with generally accepted standards of the oil and gas industry.

Appears in 1 contract

Samples: Management Agreement (Caspian Energy International Inc /Tx)

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