Allocation Land definition

Allocation Land means an area within the Biodiversity Gain Land as shown

Examples of Allocation Land in a sentence

  • Choose the Production Allocation Agreement for either mineral leases or overriding royalty agreements: • Production Allocation Agreement (Horizontal Well) – Mineral Leases • Production Allocation Agreement (Horizontal Well) – Overriding Royalty Agreements For the “Title Documents” applicable to the spacing units involved where the ownership is less than 100%, a separate Allocation Land Parcel number is required (#1, #2, etc.).

  • For Allocation Land Parcels, please also include reference to the original parties under the “Agreement Name and Date” description.

  • The Owner is the registered owner of the Allocation Land, which forms part of the Biodiversity Gain Land, subject to the entries disclosed in the registered title.