Conflicting Commitment definition
Examples of Conflicting Commitment in a sentence
To the extent that a Conflicting Commitment applies to one or more ▇▇▇▇▇, but not all ▇▇▇▇▇, on a Well Pad, Producer shall have the right to comply with such Conflicting Commitment (to the extent set forth in this Section 2.2) with respect to all ▇▇▇▇▇ on such Well Pad.
In addition, if the Purchaser shall obtain the requisite shareholder approval contemplated by Section 5.1.1 of this Agreement, the Company shall not thereafter enter into any Conflicting Commitment.
If Committed Saltwater produced from a Well on a Well Pad is subject to a Conflicting Commitment that Producer has the right to comply with under this Section 2.2, Producer has the right, in complying with such Conflicting Commitment, to deliver all Committed Saltwater from such Well Pad in accordance with the Conflicting Commitment.
To Producer’s knowledge, the Committed Saltwater is not, as of the Effective Date, subject to any Conflicting Commitment.
At least one hundred eighty (180) days prior to the expiration of the term of the Conflicting Commitment, Seller shall submit to Buyer all pertinent information in its possession regarding Seller’s Gas attributable to the Conflicting Commitment in order to allow Buyer to assess the viability of adding same to this Agreement upon expiration of the term of the Conflicting Commitment.
If Buyer, at its sole discretion, elects to have Seller’s Gas attributable to the Conflicting Commitment added to this Agreement at the expiration of the term of the Conflicting Commitment, then Buyer shall submit to Seller the applicable amendment(s) to this Agreement to add Seller’s Gas attributable to the Conflicting Commitment to this Agreement.
If a Delivery Point is subject to a Conflicting Commitment that Producer has the right to comply with under this Section 2.2, Producer shall have the right, in complying with such Conflicting Commitment, to purchase Freshwater at such Delivery Point in accordance with the Conflicting Commitment.