Dedication Area definition
Examples of Dedication Area in a sentence
The Initial Dedication Area and any other area that becomes part of the Dedication Area pursuant to Section 2.5.
All Oil and Gas Interests now owned or hereafter acquired by Shipper and located wholly or partly within the Dedication Area or pooled, unitized or communitized with Oil and Gas Interests located wholly or partly within the Dedication Area; provided that Dedicated Properties shall not include any Oil and Gas Interests that are unitized or pooled with the properties of third parties that are not Dedicated Properties if Shipper is not the operator of such unit.
For the avoidance of doubt, Gatherer’s board of directors may take into account any factors it deems relevant to determining the revised Fees, including Shipper’s drilling economics to ensure drilling by Shipper on the Dedication Area.
Alpha Shale agrees to be bound by and to comply with each agreement and commitment made by Producer under this Memorandum with respect to Alpha Shale’s Dedicated Properties in the Dedication Area and all Dedicated Gas produced therefrom.
Shipper owns Oil and Gas Interests and intends to produce Gas and/or Liquid Hydrocarbons from ▇▇▇▇▇ in the Initial Dedication Area and may from time to time own Oil and Gas Interests and may produce Gas and Liquid Hydrocarbons from ▇▇▇▇▇ in other areas.