Common use of Prudent Operator Clause in Contracts

Prudent Operator. Producer and Gatherer shall each perform their obligations under this Agreement in a good, efficient and workmanlike manner, in their best judgment as prudent operators, in conformity with the best practices of the industry and in accordance with all valid and applicable laws, rules, and regulations of governmental authorities. Article 4 Gathering and Processing Fees 4.1

Appears in 1 contract

Sources: Gas Gathering and Processing Agreement

Prudent Operator. Producer and Gatherer shall each perform their obligations under this Agreement in a good, efficient and workmanlike manner, in their best judgment as prudent operators, in conformity with the best practices of the industry and in accordance with all valid and applicable laws, rules, and regulations of governmental authorities. Article 4 Gathering and Processing Fees 4.1Governmental Authorities.

Appears in 1 contract

Sources: Gas Gathering and Processing Agreement (Gasco Energy Inc)

Prudent Operator. Producer and Gatherer shall each perform their obligations under this Agreement in a good, efficient and workmanlike manner, in their best judgment as prudent operators, in conformity with the best practices of the industry and in accordance with all valid and applicable laws, rules, and regulations of governmental authorities. Article 4 Gathering and Processing Fees 4.1.

Appears in 1 contract

Sources: Gas Gathering and Processing Agreement (Gasco Energy Inc)