Contract Operating Agreement definition

Contract Operating Agreement means that certain Contract Operating Agreement, dated as of the date hereof, between the Company and SOG.

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Contract Operating Agreement means that certain Contract Operating and ------------------- Management Agreement between Operator and Borrower, as may be amended, modified or supplemented from time to time in accordance with this Agreement.

Contract Operating Agreement means that certain Contract Operating Agreement dated as of the date hereof, by and between Manager and Company (as it may be amended, modified or supplemented from time to time).

Examples of Contract Operating Agreement in a sentence

• Borrower will not amend, ------------------------------ restate, modify or waive any material provision of the Contract Operating Agreement without the consent of the Lenders.

• The Parties understand and agree that Manager or an Affiliate thereof, in the performance of the Services, may incur accounts receivable in connection with the management of Properties hereunder or under the Contract Operating Agreement or Related Contract, to the extent Company has operations thereon and non-working interest owners are billed with respect thereto.

• It is understood and agreed by Company that certain of the Services may be provided directly or indirectly by other Persons, including SOG pursuant to the Contract Operating Agreement or otherwise.

• Notwithstanding the foregoing, a Management Fee shall be payable hereunder for all such Services, to the extent that such payment is not duplicative of any payments made under the Contract Operating Agreement, License Agreement or a Related Contract, but subject in all cases to Manager’s right to charge the Administrative Fee for all such Services (to the extent performed by SOG), including, without limitation, those performed under the Contract Operating Agreement or other Related Contracts.

• Manager will arrange and maintain insurance policies (other than directors and officers liability insurance policies), subject to the terms hereof and, if applicable, the Contract Operating Agreement.

More Definitions of Contract Operating Agreement

Contract Operating Agreement means that certain Contract Operating Agreement, dated as of February 23, 2017, by and between Nytis LLC and the Company.

Contract Operating Agreement means that certain Contract Operating Agreement, dated as of February 15, 2017, by and between Carbon California Operating Company, LLC and Owner.

Contract Operating Agreement has the meaning given to it in the Joint Development Agreement.

Contract Operating Agreement shall have the meaning set forth in the Recitals.

Contract Operating Agreement shall have the meaning given to such term in Section 3.3.

Contract Operating Agreement means the contract operating agreement substantially in the form of Schedule "L". (aaa)

Contract Operating Agreement means that certain Contract Operating Agreement dated as of the date hereof, executed by Elysium, and Petrodome Operating Company, LLC, in form and substance satisfactory to the Agent in its sole discretion.