Seismic Operations Sample Clauses

The Seismic Operations clause defines the rights and responsibilities related to conducting seismic surveys or activities on a property, typically in the context of oil and gas exploration. It outlines the procedures for accessing the land, the scope of permissible activities, and any requirements for notice, compensation, or restoration of the property after operations. This clause ensures that both the operator and the landowner understand the terms under which seismic work can be performed, thereby minimizing disputes and clarifying expectations regarding land use and potential disturbances.
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Seismic Operations. Subject to the following terms and conditions, Permittee may conduct seismic operations on the Covered Area during the Term, as described below: a. Permittee shall use no more of the surface than is reasonably necessary to perform the seismic operations. Permittee will be responsible for, and hereby indemnifies Owner against, payment for any damage to the surface, crops, vegetation, personal property, and water ▇▇▇▇▇, or any other damage caused by the seismic operations. b. Permittee shall promptly fill and smooth any depressions, ruts, or other damage to the surface and to the extent reasonably possible return the surface to its condition before Permittee began seismic operations, unless otherwise directed by the surface tenant or Owner. Brush clearance, if needed, will be permitted only by methods approved by Owner. c. All operations hereunder will be subject to the terms and conditions of the Rate and Damage Schedule published by Owner’s University Lands office, including payment of all fees and damage amounts set out therein. d. Permittee shall not litter or allow any trash or debris to be deposited on the surface and will remove everything that is brought onto the Covered Area by Permittee, its employees, agents, licensees, or invitees. e. Permittee shall conduct seismic operations on the Covered Area only during periods where the surface conditions are sufficiently dry to prevent unnecessary damage to the surface. All operations hereunder must be carried out only during daylight hours. f. Permittee shall not cut any fences and shall keep all locked gates locked. g. Permittee shall not carry any firearms on the Covered Area. No hunting is allowed by Permittee, its employees, agents, and invitees at any time. h. Permittee will furnish Owner names and addresses of all contractors and subcontractors performing work under this Agreement in advance of the performance of such work. i. Permittee shall obtain all necessary consents, licenses, and other authorizations prior to commencing seismic operations. All consents must be in writing. Permittee shall comply with the Antiquities Code (Texas Natural Resources Code, Chapter 191 or its successor statute) and applicable rules promulgated thereunder by the Historical Commission, or its successor. Permittee shall undertake its activities on the Covered Area in a manner consistent with public policy relating to the location and preservation of archeological sites and other cultural resources in, on, or under publ...
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Seismic Operations. With respect to any seismic operations permitted and contemplated under the Subject Leases covered by any Subject Lease Assignment (the “Seismic Operations”), the Parties hereby agree as follows: (i) during the Term hereof, Seller shall provide Buyer will all services related to or otherwise necessary for the Seismic Operations, through itself or its contractors or consultants, in accordance with the standard of performance set forth in Section4(a), at Buyer’s sole cost and expense (including any payment to lessor exercise or extend the term of seismic operations under the Subject Leases), and (ii) Seller will own any and all Seismic Data developed, produced, processed or acquired by Seller during or otherwise in connection with such Seismic Operations, and grant to Buyer a perpetual, non-exclusive, royalty-free, non-terminable license and right to use such Seismic Data in accordance with and subject to the terms and conditions in the Seismic License Agreement and Section5(e) hereof.
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Seismic Operations. Seismic operations are expressly authorized by the Lease and this Agreement. Operator will notify Owner prior to the commencement of such operations and will pay Owner seven dollars and fifty cents ($7.50) for each acre disturbed by such operations on the Land. Lessee shall not conduct any seismic or geophysical operations whatsoever when surface conditions are not relatively dry. At all times, Lessee shall use reasonable efforts to conduct its seismic operations so as to cause the least damage reasonably possible to the surface.
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Seismic Operations. Buyer shall have the sole right to seismic operations permitted by a Lease and shall have the sole proprietary rights to the data obtained from such operations. Seller Parties shall have no right to conduct (or have conducted on their behalf), or grant a permit to a Third Party to conduct, seismic operations across any of the Leases.
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Seismic Operations. In the conduct of seismic operations under this Lease, ▇▇▇▇▇▇ agrees that no shot holes will be drilled or used. All seismic operations shall be conducted using the Vibroseis method. In the event any water ▇▇▇▇▇ or tanks shall be damaged or ruined as a result of such seismic operations, Lessee shall be liable for the damages occasioned thereby, and shall be obligated to redrill any water ▇▇▇▇▇ so damaged to replace the water supply. Upon completion of seismic operations, ▇▇▇▇▇▇ agrees to promptly and properly rake and pile all debris, and restore the surface of the land to the same condition as it was before the commencement of such operations. Lessee and Surface Owner’s designated representative shall make a joint inspection of the premises before Lessee commences any seismic operations thereon, to determine the location of the proposed lines and the condition of all fences, gates, roads, water ▇▇▇▇▇, buildings and other improvements in the vicinity of the operations and to agree upon the most convenient means of access to the property for both parties. Lessee shall notify Surface Owner’s representative again when seismic operations are completed, and such representative and Lessee shall again inspect the property.
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Seismic Operations. Lessee shall have the right to conduct seismic operations on the Leased Premises, and to contract with third parties to conduct seismic operations, for ▇▇▇▇▇▇'s own account and use. If Lessee contracts with an independent contractor third party to perform seismic operations on ▇▇▇▇▇▇'s behalf, Lessor shall nevertheless be entitled to deal only with a representative of Lessee in connection with such operations, and shall not be required to contract or negotiate with such independent contractor. Lessee shall have no right to grant permits to any third party for the conduct of seismic operations on the Leased Premises, or to divulge, license or sell the results of ▇▇▇▇▇▇'s own seismic surveys on the Leased Premises to any third party who has no interest in the Leased Premises. Lessor shall have the right to conduct seismic operations on the Leased Premises, and to grant permits to third parties for the conduct of such operations, and Lessor shall be entitled to all consideration paid by any third party for such right, and ▇▇▇▇▇▇ shall have no interest in or right to such seismic information.
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Seismic Operations. $10.00 per acre for all surface acres covered by this lease for each separate seismic operation. If seismic operations are conducted on any part of the land covered by this lease more than once, an additional payment of the amount provided shall be payable for each separate seismic operation conducted on such land. The foregoing damages shall include all damages caused by the initial locations of w▇▇▇▇ and tank batteries and the initial construction of roads and pipelines. They do not include any damages occurring after a well has been completed and actually put into production, with respect to well location damages, or after the tank battery has been installed and connected to the well, with respect to tank batteries, or after the road has been constructed or the pipeline initially laid, with respect to pipelines, which results from negligence by Lessee or any third party conducting operations for Lessee in connection with any of the matters set forth above, it being intended that the damages specified are agreed as compensation for the damages which will result from non-negligent operations, and are not intended to cover any additional damages which may result from negligent operations. Lessee further agrees to pay actual damages for all other damage and injury to land, improvements, crops or livestock resulting from or arising out of any operations of Lessee on said land except the initial location damages and initial damages for roads, tank batteries and pipelines the compensation for which is specifically provided above. If there is no tenant on the land, all of such damages shall be paid to the owner or owners of the surface in accordance with their ownership thereof. If there is no tenant on said land, all payments for damages to land and improvements shall be made to the owner or owners of the surface, unless the improvements are owned by the tenant, in which event all payments for damages to such improvements which are owned by the tenant shall be repaid to the tenant. If there is a tenant on the land who is renting on a cash rental basis, all payments for damages to crops shall be paid to such tenant. If, however, the tenant is renting for a share of the crops, payments for damages to the crops shall be divided between the tenant and the surface owner or owners as they divide the crop. Damages to livestock shall be paid to the owner of the damaged or destroyed livestock. Lessee shall provide payment for all mutually agreed damages to Lessor withi...
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Seismic Operations. During the Lease Option Term and for so long as any Lease remains in effect, Empire shall have the right to conduct seismic operations over the Option Lands as well as any surface owned by the BHPP Group within the AMI. In connection with any such seismic operations, Empire agrees to use commercially reasonable efforts not to cut, damage or destroy any merchantable crops on the Option Lands and, in the event any merchantable crops of a BHPP Group Member are so damaged, Empire shall promptly pay to such BHPP Group Member the market value of such crops less (a) the salvage value (if any) of such crops and (b) an estimate of the costs that would have been incurred by such a BHPP Group Member in connection with harvesting such crops.
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Seismic Operations 
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Related to Seismic Operations

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operation, so as not to unreasonably annoy, disturb, endanger or be offensive to others at or near the Premises or elsewhere on the Airport.

  • Safe Operations Notwithstanding any other provision of this Agreement, an NTO may take, or cause to be taken, such action with respect to the operation of its facilities as it deems necessary to maintain Safe Operations. To ensure Safe Operations, the local operating rules of the ITO(s) shall govern the connection and disconnection of generation with NTO transmission facilities. Safe Operations include the application and enforcement of rules, procedures and protocols that are intended to ensure the safety of personnel operating or performing work or tests on transmission facilities.

  • Interim Operations (a) The Company covenants and agrees as to itself and its Subsidiaries that, from and after the execution of this Agreement and prior to the Effective Time (unless Parent shall otherwise approve in writing, which approval shall not be unreasonably withheld, conditioned or delayed, and except as (1) required by applicable Law, (2) expressly required by this Agreement or (3) otherwise expressly disclosed in Section 6.1(a) of the Company Disclosure Letter), the Company shall use its reasonable best efforts to conduct its business and the business of its Subsidiaries in the ordinary course of business consistent with past practice and each of the Company and its Subsidiaries shall, subject to compliance with the specific matters set forth below, use reasonable best efforts to preserve its business organization intact and maintain the existing relations and goodwill with Governmental Entities, customers, suppliers, distributors, licensors, creditors, lessors, employees and business associates and others having material business dealings with it and keep available the services of the Company and its Subsidiaries’ present employees and agents. Without limiting the generality of, and in furtherance of, the foregoing, the Company covenants and agrees as to itself and its Subsidiaries that, from and after the date of this Agreement and prior to the Effective Time, except (A) as required by applicable Law, (B) as Parent may approve in writing (such approval not to be unreasonably withheld, conditioned or delayed), (C) as expressly disclosed in Section 6.1(a) of the Company Disclosure Letter or (D) as expressly provided for in this Agreement, the Company shall not and will not permit any of its Subsidiaries to: (i) (A) amend its articles of incorporation or code of regulations (or comparable governing documents) (other than immaterial amendments to the governing documents of any wholly owned Subsidiary of the Company that would not prevent, materially delay or materially impair the Merger or the other transactions contemplated by this Agreement), (B) split, combine, subdivide or reclassify its outstanding shares of capital stock (except for any such transaction by a wholly owned Subsidiary of the Company which remains a wholly owned Subsidiary after consummation of such transaction), (C) declare, set aside or pay any dividend or distribution payable in cash, stock or property (or any combination thereof) in respect of any shares of its capital stock (except for (1) any dividends or distributions paid by a direct or indirect wholly owned Subsidiary of the Company to another direct or indirect wholly owned Subsidiary of the Company or to the Company or (2) other than normal quarterly cash dividends on the Company’s Shares as described in Section 6.1(a)(i)(C) of the Company Disclosure Letter), (D) enter into any agreement with respect to the voting of its capital stock or (E) purchase, repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible or exchangeable into or exercisable for any shares of its capital stock (other than (1) pursuant to the cashless exercise of Company Options or the forfeiture of, or withholding of Taxes with respect to, Company Options, Company Restricted Stock Units or Company Performance Stock Units in connection with any Taxable event related to such awards, in each case in accordance with past practice and with the terms of the applicable Company Stock Plan as in effect on the date of this Agreement (or as modified after the date of this Agreement in accordance with the terms of this Agreement) or (2) purchases, repurchases, redemptions or other acquisitions of securities of any wholly owned Subsidiary of the Company by the Company or any other wholly owned Subsidiary of the Company); (ii) merge or consolidate with any other Person, or restructure, reorganize or completely or partially liquidate (other than mergers among, or the restructuring, reorganization or liquidation of any wholly owned Subsidiaries of the Company that would not (x) prevent, materially delay or materially impair the Merger or the other transactions contemplated by this Agreement or (y) reasonably be expected to result in any significant Tax liability); (iii) except as expressly contemplated by the terms of this Agreement, as expressly disclosed in Section 6.1(a)(iii) of the Company Disclosure Letter or as required by applicable Law or by the terms of any Company Plan listed on Section 5.1(h)(i) of the Company Disclosure Letter or any CBA, in either case as in effect on the date hereof (or as modified after the date of this Agreement in accordance with the terms of this Agreement): (A) increase the compensation or benefits payable to any director or named executive officers as identified in the Company’s proxy statement for the 2017 annual meeting of stockholders (collectively, the “Senior Executives”) of the Company, increase the compensation or benefits payable to any employee or individual consultant of the Company or any of its Subsidiaries, or make any loans to, any director, officer, employee or individual consultant of the Company or any of its Subsidiaries; (B) grant any new equity-based awards, or amend or modify the terms or accelerate the vesting of any such outstanding awards (except for any acceleration of any Company Option, Company Performance Stock Unit and Company Restricted Stock Unit in connection with the cessation of any Person’s employment with the Company or any of its Subsidiaries (other than any Senior Executive) to the extent that such acceleration is consistent with past practice), under any Company Plan; (C) amend any severance plan or agreement as in effect on the date hereof or waive or release any restrictive covenants thereunder; (D) make any change to any Company Pension Plan or any Company Plan that is an “employee welfare benefit plan” (within the meaning of Section 3(1) of ERISA) that would materially increase the costs to the Company or any of its Subsidiaries in respect of such Company Plan; (E) establish, adopt, or enter into any new arrangement that would be a Company Plan if in effect on the date hereof, other than individual separation and release agreements entered into in connection with ordinary-course terminations on terms consistent with the severance arrangements listed on Section 5.1(h)(i) of the Company Disclosure Schedule; (F) accelerate the payment of non-equity related compensation or benefits to any director, officer, employee, consultant or individual service provider, except as required (without discretion) pursuant to the terms of the Company Plans; (G) hire any new officer, employee, consultant or individual service provider (provided that the Company shall be permitted to (x) hire employees, consultants or other individual service providers with an aggregate annual base compensation and target incentive opportunity below $350,000 in the ordinary course of business consistent with past practice, or (y) engage individual or entity service providers with an aggregate annual base compensation and target incentive opportunity below $350,000 in the ordinary course of business consistent with past practice to fill positions that are open as of the date hereof or that become open following the date hereof to the extent reasonably necessary as determined by the Company in its sole discretion to maintain the Company’s core business); or (H) terminate any employee or officer of the Company or any of its Subsidiaries at level B7 or higher other than for cause (as determined in the ordinary course of business consistent with past practice); (iv) incur or guarantee any Indebtedness or issue any warrants or other rights to acquire any Indebtedness, except (A) in the ordinary course of business consistent with past practice, borrowings under the Company’s revolving credit facility as in effect as of the date hereof, (B) inter-company Indebtedness among the Company and its wholly owned Subsidiaries, (C) commercial paper issued in the ordinary course of business and (D) (i) to the extent not drawn upon and payments are not triggered thereby, letters of credit, bank guarantees, security or performance bonds or similar credit support instruments and (ii) overdraft facilities or cash management programs, in the case of each of clauses (i) and (ii), issued, made or entered into in the ordinary course of business; (v) make or commit to any capital expenditures other than (A) in connection with the repair or replacement of facilities, properties or assets destroyed or damaged due to casualty or accident or (B) in the ordinary course of business consistent with past practice and which do not exceed during either the 2017 fiscal year or the 2018 fiscal year one hundred and five percent (105%) of the amounts reflected in the Company’s capital expenditure budget for 2017, a copy of which was previously provided to Parent; (vi) transfer, lease, license, sell, assign, let lapse, abandon, cancel, mortgage, pledge, place a Lien (other than a Permitted Lien) upon or otherwise dispose of any Intellectual Property; provided that this clause (vi) shall not restrict (A) any of the foregoing that occur in the ordinary course of business or, to the extent applicable, among the Company and its Subsidiaries, (B) the granting of any licenses of Intellectual Property in the ordinary course consistent with past practice or (C) transfers, leases, sales, assignments, lapses, abandonments, cancellations, mortgages, pledges, Liens, or other dispositions of Intellectual Property (other than licenses) with a fair market value less than $10,000,000 in the aggregate for all such actions; (vii) other than in the ordinary course of business consistent with past practice, transfer, lease, license, sell, assign, let lapse, abandon, cancel, mortgage, pledge, place a Lien upon or otherwise dispose of any properties or assets (including capital stock of any of its Subsidiaries but not including any Intellectual Property, which is governed by Section 6.1(a)(vi) with a fair market value in excess of $5,000,000 individually or $12,500,000 in the aggregate (other than transactions among the Company and its wholly owned Subsidiaries); (viii) issue, deliver, sell, grant, transfer, or encumber, or authorize the issuance, delivery, sale, grant, transfer or encumbrance of, any shares of its capital stock or any securities convertible or exchangeable into or exercisable for, or any options, warrants or other rights to acquire, any such shares, except (A) for any Shares issued pursuant to Company Options, Company Restricted Stock Units and Company Performance Stock Units outstanding on the date of this Agreement in accordance with the existing terms of such awards and the Company Stock Plans, or (B) by wholly owned Subsidiaries to the Company or to any other wholly owned Subsidiary of the Company; (ix) spend or commit to spend in excess of $5,000,000 individually or $12,500,000 in the aggregate to acquire any business or businesses or to acquire assets or other property, whether by merger, consolidation, purchase of property or assets or otherwise (valuing any non-cash consideration at its fair market value as of the date of the agreement for such acquisition); provided that neither the Company nor any of its Subsidiaries shall make any acquisition that would, or would reasonably be likely to, prevent, delay or impair the Company’s ability to consummate the transactions contemplated by this Agreement; provided, further that nothing in this Section 6.1(a)(ix) shall restrict the ability of the Company to invest additional funds in any existing asset of the Company to offset any dilution in the Company’s existing interest in such asset; (x) make any material change with respect to its financial accounting policies or procedures, except as required by changes in GAAP (or any interpretation thereof) or by applicable Law; (xi) except as required by applicable Law, (A) make, change or revoke any material Tax election or take any material position on any material Tax Return filed on or after the date of this Agreement, in each case that is inconsistent with elections made or positions taken in preparing or filing similar Tax Returns in prior periods, except in each case as a result of, or in response to, any change in U.S. federal Tax Laws or regulations or administrative guidance promulgated or issued thereunder, (B) change any Tax accounting period or any material method of Tax accounting, (C) amend any material Tax Return, (D) settle or resolve any material Tax liability or any Tax audit or controversy with respect to a material amount of Taxes, (E) surrender any right to claim a material refund of Taxes, (F) consent to any extension or waiver of the limitation period applicable to any material Tax claim or assessment relating to the Company or any of its Subsidiaries, other than any extension pursuant to an extension of time to file any Tax Return or (G) enter into any closing agreement or similar agreement with any Tax authority in respect of Taxes; (xii) (A) enter into any new line of business other than any line of business that is reasonably ancillary to and a reasonably foreseeable extension of any line of business as of the date of this Agreement or (B) conduct a line of business of the Company or any of its Subsidiaries in any geographic area where it has never previously conducted business prior to the date of this Agreement; (xiii) make any loans, advances or capital contributions to, or investments in, any Person (other than loans, advances or capital contributions to the Company or any direct or indirect wholly owned Subsidiary of the Company); (xiv) (A) amend or modify in any material respect or terminate (excluding terminations upon expiration of the term thereof in accordance with the terms thereof) any Material Contract or waive, release or assign any material rights, claims or benefits under any Material Contract, other than any amendment, modification, termination, waiver, release or assignment (x) as required by Law, (y) pursuant to “most favored nation” offers made prior to the date of this Agreement or (z) in the ordinary course of business; provided that in no event shall the Company or its Subsidiaries amend or modify a Contract in which the packaging or rate terms would materially impact meeting the Company’s business plan, (B) enter into any Contract that would have been a Material Contract had it been entered into prior to the date of this Agreement unless it is on terms substantially consistent with, or on terms more favorable to the Company and/or its Subsidiaries (and to Parent and its Subsidiaries following the Closing) than a contract it is replacing; provided that in no event shall the Company or its Subsidiaries enter into a Contract in which the packaging or rate terms would materially impact meeting the Company’s business plan or (C) without restricting any action that is permissible in accordance with clauses (A) or (B) hereof, make any concession, or offer to make any concession, under any Material Contract except for (x) annual “most favored nation” offers made in the ordinary course of business consistent with past practice in connection with new issues arising after March 2017 or (y) mutual “clean slate” releases with distributors; provided that the foregoing shall not prohibit or restrict the ability of the Company or its Subsidiaries to take any action described in this Section 6.1(a)(xiv) in the ordinary course of business with respect to Material Contracts between the Company and/or one or more of its wholly owned Subsidiaries; provided, further that for the avoidance of doubt, this Section 6.1(a)(xiv) shall not prohibit or restrict any Company Plans; (xv) settle any action, suit, case, litigation, claim, hearing, arbitration, investigation or other proceedings before or threatened to be brought before a Governmental Entity, or pay, discharge, settle or waive any material liability, other than settlements (A) if the amount of any such settlement is not in excess of $500,000 individually or $2,000,000 in the aggregate; provided that such settlements are solely for money damages (and confidentiality and other similar customary provisions that would not reasonably be expected to place any material restrictions on the

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  • Co-operation Each Party acknowledges that this ESA must be approved by the Department and agree that they shall use Commercially Reasonable efforts to cooperate in seeking to secure such approval.