Common use of Transmitting Utility Clause in Contracts

Transmitting Utility. Working Interest Owner is not a "transmitting utility" as defined in Section 9.102(a)(81) of the Uniform Commercial Code presently in effect in the State of Texas.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Baron Energy Inc.)

Transmitting Utility. Working Interest Owner is not a "“transmitting utility" ” as defined in Section 9.102(a)(81) of the Uniform Commercial Code presently in effect in the State of Texas.

Appears in 1 contract

Sources: Purchase and Sale Agreement (GMX Resources Inc)