AMI Clause definition

AMI Clause means the Area of Mutual Interest provision found in Article XV.I. of the Samson Operating Agreement.
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Examples of AMI Clause in a sentence

  • Subject to Section 9.1(a), the term Leases shall also include all oil, gas and/or other mineral leases, leasehold estates and interests, to which Seller is entitled to receive or may receive an assignment under or pursuant to an election made by Seller after the Effective Date to participate in the costs of acquisition pursuant to the AMI Clause and for which the Purchase Price was increased pursuant to the provisions of Section 3.4(c)(5) (the “Post-Effective Date AMI Leases”).

  • With the exception of the AMI Clause and the Farmout Agreements, no Asset is subject to any area of mutual interest agreements or any farm-out or farm-in agreement affecting the ▇▇▇▇▇▇, ▇▇▇▇▇▇ or Three Forks formations under which any party thereto is entitled to receive assignments not yet made, or could earn additional assignments after the Effective Date.

  • Notwithstanding anything herein to the contrary, Buyer may disclose this Agreement and all Exhibits to this Agreement to Samson pursuant to the AMI Clause; provided that Buyer first attempts in good faith to cause Samson to agree to keep this Transaction confidential until Closing or until the information otherwise becomes public.

  • Seller has not granted any preferential purchase rights or consent rights affecting the Assets that are in effect, and to Seller’s knowledge, other than the AMI Clause, no third party has granted any preferential purchase rights or consents affecting the Assets, and there are no required third-party consents to assignment, which may be applicable to the Assets resulting from the transactions contemplated by this Agreement.

  • The term Leases shall include all oil, gas and/or other mineral leases, leasehold estates and interests legally owned by Seller covering the Lands, whether listed on Exhibit A or not, including such other oil, gas and/or other mineral leases, leasehold estates and interests covering the Lands to which Seller is entitled to receive or may receive an assignment under or pursuant to an election made by Seller prior to the Effective Date to participate in the costs of acquisition pursuant to the AMI Clause.

  • Exhibit O is a list of all notices received by Seller as Receiving Party from Samson as Acquiring Party under the AMI Clause since the Effective Date and the election of Seller made as of the date of this Agreement with respect thereto.

Related to AMI Clause

  • Deemer clause means a provision under this title under which upon the

  • Model Clauses means the standard contractual clauses annexed to the EU Commission Decision 2010/87/EU of 5 February 2010 for the transfer of Personal Data to Processors established in third countries under the EU Directives and any amendment, replacement or renewal thereof by the European Commission.

  • Due-on-sale clause means a contract provision which authorizes the lender, at its option, to declare due and payable sums secured by the lender's security instrument if all or any part of the property, or an interest in the property, securing the real property loan is sold or transferred without the lender's prior written consent.

  • Additional Clauses means the additional Clauses specified in paragraph 2.1 of Annex A to this Contract that were requested in the Order by the CUSTOMER and that shall apply to this Contract.

  • EU Model Clauses means the (Standard Contractual Clauses (processors)) or any subsequent version thereof published by the European Commission (which will automatically apply). The Standard Contractual Clauses current as of the effective date of the Agreement are attached hereto as Appendix 4.