Substitute Operator Clause Samples

POPULAR SAMPLE Copied 1 times
Substitute Operator 
Substitute Operator. Except as otherwise provided in Article 4.2.1 (Circumstances Under Which the Operator Must Conduct a Non-Consent Operation), if the Operator becomes a Non-participating Party in a Non-consent Operation, the Participating Parties may approve the designation of any Participating Party as the substitute Operator by the vote of one (1) or more of the Participating Parties having a combined fifty percent (50%) or more of the Participating Interests. The substitute Operator shall serve only (a) for the Non-consent Operation, (b) on the Contract Area, or that portion of the Contract Area governed hereby, affected by the Non-consent Operation, and (c) with the same authority, rights, obligations, and duties as the Operator. If a Non-operator is the only Participating Party in a Non-consent Operation, then the Non-operator shall be designated as the substitute Operator for that Non-consent Operation, with no vote required, unless the Non-operator elects not to accept the designation. No Non-operator shall ever be designated as a substitute Operator against its will. If a substitute Operator is not designated under the foregoing procedures, the Operator shall, upon the unanimous agreement of the Participating Parties and the Operator, conduct the Non-consent Operation on behalf of the Participating Parties and at the Participating Parties' sole cost and risk under Article 13 (Non Consent Operations).
Substitute Operator. 8 4.2.1 Circumstances Under Which the Operator Must Conduct a Non-Consent Operation ....................8 4.2.2 Operator's Conduct of a Non-Consent Operation in Which it is a Non participating Party .........9 4.2.3 Appointment of a Substitute Operator ...........................................................9 4.2.4
Substitute Operator. Except as otherwise provided in Article 4.2.1 (Circumstances Under Which Operator Must Conduct a Non-Consent Operation), if the Operator becomes a Non-participating Party in a Non-consent Operation, the Participating Parties may approve the designation of any Participating Party as the substitute Operator by the vote of two (2) or more Participating Parties having fifty percent (50%) of the Participating Interests. The substitute Operator shall serve only (a) for the Non-consent Operation, (b) of the Lease affected by the Non-consent Operation, subject to these limitations, and (c) with the same authority, rights, obligations, and duties as the operator. If a Non-operator is the only Participating Party in a Non-consent Operation, then the Non-operator shall be designated as the substitute Operator for that Non-consent Operation, with no vote required, unless the Non-operator elects not to accept designation. No Non-operator shall ever be designated as a substitute Operator against its will. If a substitute Operator is not designated under the foregoing procedures, the Operator shall, upon the unanimous agreement of the Participating Parties and the Operator, conduct the Non-consent Operation on behalf of the Participating Parties and at the Participating Parties' sole cost and risk under Article 13 (Non-Consent Operations). 4.2.1. Circumstances Under Which the Operator Must Conduct a Non-Consent Operation. If: (A) a drilling rig is on location and the Operator becomes a Non-participating Party supplemental APE for an Exploratory Operation, or Development Operation; or, (B) the Operator becomes a Non-participating Party in an operation to be conducted from a Platform operated by the Operator, the Operator, as a Non-participating Party, conduct the Non-consent Operation on behalf of the Participating Parties and a, Participating Parties' sole cost and risk under Article 13 (Non-Consent Operations).
Substitute Operator. A substitute list will be compiled at the beginning of the snow season. The list will consist of Teamsters from DPW, Parks, Water, Sewer and City Hall who will be willing to substitute with employees from the A or B list who are mandated to work.
Substitute Operator. 14 4.2.1 Circumstances Under Which the Operator Must Conduct a Non-Consent Operation ...............14 4.2.2 Operator's Conduct of a Non-Consent Operation in Which it is a Non participating Party ....
Substitute Operator. Landlord reserves the right to appoint a substitute operator, including, without limitation, any tenant or other occupant of the Project/Building, to carry out any or all of Landlord’s rights, obligations and duties under this Lease. Landlord may enter into a contract with the substitute operator either by a separate document or in a lease agreement with such operator on such terms and for such period of time as Landlord elects.