{"component": "definition", "props": {"groups": [{"samples": [{"hash": "gfCZY34f09H", "uri": "/contracts/gfCZY34f09H#defensible", "label": "Underwriting Agreement (GMX Resources Inc)", "score": 19.0, "published": true}, {"hash": "3T18l5vvgHT", "uri": "/contracts/3T18l5vvgHT#defensible", "label": "Underwriting Agreement (GMX Resources Inc)", "score": 19.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the General Disclosure Package and the Final Prospectus as being owned by the Company or its Subsidiaries, that the Company and its Subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve reports of MHA Petroleum Consultants, dated as of December 31, 2008 and September 1, 2009, respectively, (the \u201cReserve Reports\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Reserve Reports, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "general-disclosure-package", "type": "definition", "offset": [138, 164]}, {"key": "final-prospectus", "type": "clause", "offset": [173, 189]}, {"key": "by-the-company", "type": "clause", "offset": [205, 219]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [246, 278]}, {"key": "to-receive", "type": "definition", "offset": [296, 306]}, {"key": "net-revenue-interests", "type": "definition", "offset": [325, 346]}, {"key": "reports-of", "type": "clause", "offset": [394, 404]}, {"key": "dated-as-of", "type": "definition", "offset": [432, 443]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [530, 555]}, {"key": "termination-of", "type": "definition", "offset": [666, 680]}, {"key": "productive-life", "type": "definition", "offset": [711, 726]}, {"key": "a-share", "type": "definition", "offset": [777, 784]}, {"key": "costs-and-expenses", "type": "definition", "offset": [792, 810]}, {"key": "relating-to", "type": "definition", "offset": [811, 822]}, {"key": "the-maintenance", "type": "clause", "offset": [823, 838]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [899, 923]}, {"key": "working-interests", "type": "clause", "offset": [964, 981]}], "size": 7, "hash": "d7e47f7f54c97b851826cb7d1fd48855", "id": 1}, {"samples": [{"hash": "1R3CtX2K1QC", "uri": "https://nt.gov.au/__data/assets/word_doc/0011/899147/procurement-rules-v1.6.docx", "label": "nt.gov.au", "score": 7.2464065708, "published": false}, {"hash": "3PEaXKbHUUI", "uri": "https://nt.gov.au/__data/assets/word_doc/0011/716528/procurement-rules-v1.4-190801.docx", "label": "nt.gov.au", "score": 5.7611225188, "published": false}, {"hash": "dpD4f6kFk3a", "uri": "https://nt.gov.au/__data/assets/word_doc/0010/444574/procurement-rules-sept-2017.docx", "label": "nt.gov.au", "score": 4.8220396988, "published": false}], "snippet": "means: Defensible means based on proper consideration of the situation and information available at the time (including information that is reasonable to obtain), free from real or perceived bias, and procedurally fair. \u2018Probity\u2019 means: Probity aims to maintain the integrity of the public sector by adopting and following well-considered procedures and processes to ensure that procurement decisions are fair, transparent and defensible.", "snippet_links": [{"key": "based-on", "type": "clause", "offset": [24, 32]}, {"key": "the-situation", "type": "clause", "offset": [57, 70]}, {"key": "at-the-time", "type": "clause", "offset": [97, 108]}, {"key": "to-maintain", "type": "clause", "offset": [250, 261]}, {"key": "integrity-of", "type": "clause", "offset": [266, 278]}, {"key": "public-sector", "type": "definition", "offset": [283, 296]}, {"key": "procedures-and-processes", "type": "clause", "offset": [339, 363]}, {"key": "to-ensure", "type": "clause", "offset": [364, 373]}], "size": 3, "hash": "2d12e12513e6bfa286f850d26ec4a678", "id": 2}, {"samples": [{"hash": "lESqVYCTGro", "uri": "https://open.alberta.ca/dataset/bfe75885-c945-4ea2-a48d-9cafa7367cc5/resource/af38cacd-d97f-47ba-a9ec-2208286f07a9/download/amd-chapter1-introduction-dec16-2016a.pdf", "label": "open.alberta.ca", "score": 8.4743326489, "published": false}, {"hash": "fANYxSNYIN0", "uri": "https://open.alberta.ca/dataset/bfe75885-c945-4ea2-a48d-9cafa7367cc5/resource/09c69b8a-480e-4770-a49e-209e00ee8083/download/2016-Air-Monitoring-Directive-AMD-Chapter-1-Introduction-2016-07-29.pdf", "label": "open.alberta.ca", "score": 7.28678987, "published": false}, {"hash": "deqagEYBAGC", "uri": "https://open.alberta.ca/dataset/bfe75885-c945-4ea2-a48d-9cafa7367cc5/resource/a772fd67-8805-4fdb-bdeb-bc43e0e16edf/download/2015-AMD-Chapter1-Introduction-Jul30-2015.pdf", "label": "open.alberta.ca", "score": 5.7857631759, "published": false}], "snippet": "means the ability to withstand any reasonable challenge related to the veracity or integrity of monitoring and reporting records, and derived data;", "snippet_links": [{"key": "ability-to", "type": "clause", "offset": [10, 20]}, {"key": "related-to", "type": "clause", "offset": [56, 66]}, {"key": "integrity-of", "type": "clause", "offset": [83, 95]}, {"key": "monitoring-and-reporting", "type": "definition", "offset": [96, 120]}, {"key": "derived-data", "type": "definition", "offset": [134, 146]}], "size": 3, "hash": "547765362e3ba8f9bcca9c710b5fee7c", "id": 3}, {"samples": [{"hash": "iLIzsgsr1HX", "uri": "/contracts/iLIzsgsr1HX#defensible", "label": "Purchase Agreement (Goodrich Petroleum Corp)", "score": 19.0, "published": true}, {"hash": "cudG1CupZQ6", "uri": "/contracts/cudG1CupZQ6#defensible", "label": "Purchase Agreement (Goodrich Petroleum Corp)", "score": 19.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas w\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Offering Memorandum (or, if the Offering Memorandum is not in existence, the most recent Preliminary Offering Memorandum) as being owned by the Company and its Subsidiaries, that the Company and its Subsidiaries (i) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve report of Netherland S\u2587\u2587\u2587\u2587\u2587 dated as of December 31, 2004 (the \u201cNetherland S\u2587\u2587\u2587\u2587\u2587 Report\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (ii) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Netherland S\u2587\u2587\u2587\u2587\u2587 Report, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "the-offering-memorandum", "type": "clause", "offset": [134, 157]}, {"key": "in-existence", "type": "definition", "offset": [197, 209]}, {"key": "most-recent", "type": "definition", "offset": [215, 226]}, {"key": "preliminary-offering-memorandum", "type": "definition", "offset": [227, 258]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [278, 310]}, {"key": "to-receive", "type": "definition", "offset": [367, 377]}, {"key": "net-revenue-interests", "type": "definition", "offset": [396, 417]}, {"key": "report-of", "type": "clause", "offset": [465, 474]}, {"key": "dated-as-of", "type": "definition", "offset": [493, 504]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [563, 588]}, {"key": "termination-of", "type": "definition", "offset": [699, 713]}, {"key": "productive-life", "type": "definition", "offset": [744, 759]}, {"key": "a-share", "type": "definition", "offset": [811, 818]}, {"key": "costs-and-expenses", "type": "definition", "offset": [826, 844]}, {"key": "relating-to", "type": "definition", "offset": [845, 856]}, {"key": "the-maintenance", "type": "clause", "offset": [857, 872]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [933, 957]}, {"key": "working-interests", "type": "clause", "offset": [998, 1015]}], "size": 3, "hash": "a27461766948dc16b8ff78e4f1145a64", "id": 4}, {"samples": [{"hash": "i5VDpwAxGTn", "uri": "/contracts/i5VDpwAxGTn#defensible", "label": "Underwriting Agreement (GMX Resources Inc)", "score": 19.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Disclosure Package and the Prospectus as being owned by the Company or its Subsidiaries, that the Company and its Subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve report of MHA Petroleum Consultants, dated as of January 22, 2008 (the \u201cReserve Report\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Reserve Report, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "package-and-the-prospectus", "type": "clause", "offset": [149, 175]}, {"key": "by-the-company", "type": "clause", "offset": [191, 205]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [232, 264]}, {"key": "to-receive", "type": "definition", "offset": [282, 292]}, {"key": "net-revenue-interests", "type": "definition", "offset": [311, 332]}, {"key": "report-of", "type": "clause", "offset": [380, 389]}, {"key": "dated-as-of", "type": "definition", "offset": [417, 428]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [476, 501]}, {"key": "termination-of", "type": "definition", "offset": [612, 626]}, {"key": "productive-life", "type": "definition", "offset": [657, 672]}, {"key": "a-share", "type": "definition", "offset": [723, 730]}, {"key": "costs-and-expenses", "type": "definition", "offset": [738, 756]}, {"key": "relating-to", "type": "definition", "offset": [757, 768]}, {"key": "the-maintenance", "type": "clause", "offset": [769, 784]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [845, 869]}, {"key": "working-interests", "type": "clause", "offset": [910, 927]}], "size": 3, "hash": "ca25009ec5eb5aea28131a8e08c88615", "id": 5}, {"samples": [{"hash": "7XCMmfyl5f0", "uri": "/contracts/7XCMmfyl5f0#defensible", "label": "Underwriting Agreement (Goodrich Petroleum Corp)", "score": 18.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas w\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Registration Statement and the Prospectus as being owned by the Company and its Subsidiaries, that the Company and its Subsidiaries (i) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve report of Netherland S\u2587\u2587\u2587\u2587\u2587 dated as of December 31, 2005 (the \u201cNetherland S\u2587\u2587\u2587\u2587\u2587 Report\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (ii) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Netherland S\u2587\u2587\u2587\u2587\u2587 Report, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "registration-statement-and-the-prospectus", "type": "clause", "offset": [138, 179]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [198, 230]}, {"key": "to-receive", "type": "definition", "offset": [287, 297]}, {"key": "net-revenue-interests", "type": "definition", "offset": [316, 337]}, {"key": "report-of", "type": "clause", "offset": [385, 394]}, {"key": "dated-as-of", "type": "definition", "offset": [413, 424]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [483, 508]}, {"key": "termination-of", "type": "definition", "offset": [619, 633]}, {"key": "productive-life", "type": "definition", "offset": [664, 679]}, {"key": "a-share", "type": "definition", "offset": [731, 738]}, {"key": "costs-and-expenses", "type": "definition", "offset": [746, 764]}, {"key": "relating-to", "type": "definition", "offset": [765, 776]}, {"key": "the-maintenance", "type": "clause", "offset": [777, 792]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [853, 877]}, {"key": "working-interests", "type": "clause", "offset": [918, 935]}], "size": 3, "hash": "e194f850eceb3fc9765cd398dc1bacd4", "id": 6}, {"samples": [{"hash": "8Juv2wkF7T1", "uri": "/contracts/8Juv2wkF7T1#defensible", "label": "Underwriting Agreement (GMX Resources Inc)", "score": 21.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Disclosure Package and the Prospectus as being owned by the GMX Entities, that the GMX Entities (i) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve report of \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & Associates (\u201c\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u201d), an independent natural gas engineer for the Corporation, dated as of December 31, 2005 (the \u201c\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Report\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (ii) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Report, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "package-and-the-prospectus", "type": "clause", "offset": [149, 175]}, {"key": "owned-by", "type": "definition", "offset": [185, 193]}, {"key": "to-receive", "type": "definition", "offset": [251, 261]}, {"key": "net-revenue-interests", "type": "definition", "offset": [280, 301]}, {"key": "report-of", "type": "clause", "offset": [349, 358]}, {"key": "an-independent", "type": "clause", "offset": [393, 407]}, {"key": "natural-gas", "type": "clause", "offset": [408, 419]}, {"key": "for-the-corporation", "type": "clause", "offset": [429, 448]}, {"key": "dated-as-of", "type": "definition", "offset": [450, 461]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [510, 535]}, {"key": "termination-of", "type": "definition", "offset": [646, 660]}, {"key": "productive-life", "type": "definition", "offset": [691, 706]}, {"key": "a-share", "type": "definition", "offset": [758, 765]}, {"key": "costs-and-expenses", "type": "definition", "offset": [773, 791]}, {"key": "relating-to", "type": "definition", "offset": [792, 803]}, {"key": "the-maintenance", "type": "clause", "offset": [804, 819]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [880, 904]}, {"key": "working-interests", "type": "clause", "offset": [945, 962]}, {"key": "the-\u2587", "type": "clause", "offset": [998, 1003]}], "size": 3, "hash": "41e73c828ea09f8a36137964723466c8", "id": 7}, {"samples": [{"hash": "bzt94cTUVsj", "uri": "/contracts/bzt94cTUVsj#defensible", "label": "Purchase Agreement (GMX Resources Inc)", "score": 23.945927447, "published": true}, {"hash": "9xwIAge5n61", "uri": "/contracts/9xwIAge5n61#defensible", "label": "Purchase Agreement (GMX Resources Inc)", "score": 23.945927447, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Disclosure Package as being owned by the Company, the Guarantors or any of their respective subsidiaries, that the Company, the Guarantors and their respective subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve reports of (x) MHA Petroleum Consultants, an independent petroleum engineering firm, relating to the Company\u2019s estimated proved oil and natural gas reserves as of December 31, 2011 and (y) \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 and \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587, an independent petroleum engineering firm, relating to the Company\u2019s estimated proved oil and natural gas reserves as of December 31, 2011 (collectively, the \u201cReserve Reports\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties greater than the working interests of such properties as set forth in the Reserve Reports, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "the-disclosure-package", "type": "clause", "offset": [134, 156]}, {"key": "by-the-company", "type": "clause", "offset": [172, 186]}, {"key": "the-guarantors", "type": "clause", "offset": [188, 202]}, {"key": "to-receive", "type": "definition", "offset": [328, 338]}, {"key": "net-revenue-interests", "type": "definition", "offset": [357, 378]}, {"key": "reports-of", "type": "clause", "offset": [426, 436]}, {"key": "an-independent", "type": "clause", "offset": [468, 482]}, {"key": "engineering-firm", "type": "definition", "offset": [493, 509]}, {"key": "to-the-company", "type": "clause", "offset": [520, 534]}, {"key": "oil-and-natural-gas-reserves", "type": "clause", "offset": [554, 582]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [825, 850]}, {"key": "termination-of", "type": "definition", "offset": [961, 975]}, {"key": "productive-life", "type": "definition", "offset": [1006, 1021]}, {"key": "a-share", "type": "definition", "offset": [1072, 1079]}, {"key": "costs-and-expenses", "type": "definition", "offset": [1087, 1105]}, {"key": "the-maintenance", "type": "clause", "offset": [1118, 1133]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [1194, 1218]}, {"key": "working-interests", "type": "clause", "offset": [1255, 1272]}], "size": 2, "hash": "ca186b9a7ce464346dd924529dcbda25", "id": 8}, {"samples": [{"hash": "4guOhhZUrxl", "uri": "/contracts/4guOhhZUrxl#defensible", "label": "Purchase Agreement (Epl Oil & Gas, Inc.)", "score": 21.8117727584, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the General Disclosure Package and the Final Offering Circular as being owned by the Company or its Subsidiaries, that the Company and its Subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the Reserve Reports (as defined herein) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Reserve Reports, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "general-disclosure-package", "type": "definition", "offset": [138, 164]}, {"key": "final-offering-circular", "type": "definition", "offset": [173, 196]}, {"key": "by-the-company", "type": "clause", "offset": [212, 226]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [253, 285]}, {"key": "to-receive", "type": "definition", "offset": [303, 313]}, {"key": "net-revenue-interests", "type": "definition", "offset": [332, 353]}, {"key": "reserve-reports", "type": "clause", "offset": [393, 408]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [436, 461]}, {"key": "termination-of", "type": "definition", "offset": [572, 586]}, {"key": "productive-life", "type": "definition", "offset": [617, 632]}, {"key": "a-share", "type": "definition", "offset": [683, 690]}, {"key": "costs-and-expenses", "type": "definition", "offset": [698, 716]}, {"key": "relating-to", "type": "definition", "offset": [717, 728]}, {"key": "the-maintenance", "type": "clause", "offset": [729, 744]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [805, 829]}, {"key": "working-interests", "type": "clause", "offset": [870, 887]}], "size": 2, "hash": "fb0053572450b7c52abc7efd9ae55cc9", "id": 9}, {"samples": [{"hash": "2hJwCoCT8eW", "uri": "/contracts/2hJwCoCT8eW#defensible", "label": "Placement Agency Agreement (GMX Resources Inc)", "score": 21.0, "published": true}], "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the Disclosure Package and the Prospectus as being owned by GMX or the Subsidiaries, that GMX or the Subsidiaries (i) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve report of \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & Associates in association with MHM Petroleum Consultants, dated as of January 30, 2007 (the \u201cReserve Report\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (ii) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Reserve Report, without increase throughout the life of such properties.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "title-to-the", "type": "clause", "offset": [23, 35]}, {"key": "producing-properties", "type": "definition", "offset": [36, 56]}, {"key": "oil-and-gas", "type": "definition", "offset": [68, 79]}, {"key": "leasehold-interests", "type": "definition", "offset": [100, 119]}, {"key": "package-and-the-prospectus", "type": "clause", "offset": [149, 175]}, {"key": "owned-by", "type": "definition", "offset": [185, 193]}, {"key": "the-subsidiaries", "type": "clause", "offset": [201, 217]}, {"key": "to-receive", "type": "definition", "offset": [265, 275]}, {"key": "net-revenue-interests", "type": "definition", "offset": [294, 315]}, {"key": "report-of", "type": "clause", "offset": [363, 372]}, {"key": "in-association-with", "type": "definition", "offset": [394, 413]}, {"key": "dated-as-of", "type": "definition", "offset": [441, 452]}, {"key": "hydrocarbons-and-minerals", "type": "definition", "offset": [500, 525]}, {"key": "termination-of", "type": "definition", "offset": [636, 650]}, {"key": "productive-life", "type": "definition", "offset": [681, 696]}, {"key": "a-share", "type": "definition", "offset": [748, 755]}, {"key": "costs-and-expenses", "type": "definition", "offset": [763, 781]}, {"key": "relating-to", "type": "definition", "offset": [782, 793]}, {"key": "the-maintenance", "type": "clause", "offset": [794, 809]}, {"key": "plugging-and-abandonment", "type": "definition", "offset": [870, 894]}, {"key": "working-interests", "type": "clause", "offset": [935, 952]}], "size": 2, "hash": "ebe25a24c73b8ff48abf4af9206371aa", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiITZGVmZW5zaWJsZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Defensible", "snippet": "means, with respect to title to the producing properties (including oil and gas \u2587\u2587\u2587\u2587\u2587 and producing leasehold interests) described in the General Disclosure Package and the Final Prospectus as being owned by the Company or its Subsidiaries, that the Company and its Subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve reports of MHA Petroleum Consultants, dated as of December 31, 2008 and September 1, 2009, respectively, (the \u201cReserve Reports\u201d) of all hydrocarbons and minerals produced, saved and marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties not greater than the working interests of such properties as set forth in the Reserve Reports, without increase throughout the life of such properties.", "size": 38, "id": "defensible", "examples": ["On the Closing Date, Seller shall convey to Buyer <strong>Defensible</strong> Title to the Assets.", "The Company has Good, Marketable and <strong>Defensible</strong> Title to all of its Oil and Gas Interests.", "Each Credit Party is the lawful owner of, has <strong>Defensible</strong> Title to and is in lawful possession of, or has valid leasehold interests in, all material properties and other assets (real or personal, tangible, intangible or mixed) purported or reported to be owned or leased (as the case may be) by such Person, except as may have been disposed of in the Ordinary Course of Business or otherwise in compliance with the terms hereof.", "The term \u201cTitle Defect\u201d means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers\u2019 title to the Lease less than <strong>Defensible</strong> Title.", "The term \u201cTitle Defect,\u201d as used in this Agreement, means any encumbrance, encroachment, irregularity, defect in or objection to Seller\u2019s ownership of any Asset (excluding Permitted Encumbrances) that causes Seller not to have <strong>Defensible</strong> Title to that Asset.", "If the Closing occurs, then effective as of the Closing Date, Seller warrants <strong>Defensible</strong> Title as of the Closing Date to the \u2587\u2587\u2587\u2587\u2587 and Leases unto the Company against any Person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under the Company, but not otherwise, subject, however, to the Permitted Encumbrances.", "For purposes of Seller\u2019s foregoing special warranty of <strong>Defensible</strong> Title, the value of the Company Leases and Company Units set forth in the Lease Annex and of the Company \u2587\u2587\u2587\u2587\u2587 set forth in the Well Annex shall be deemed to be the Allocated Value thereof.", "Except for Permitted Encumbrances, the Company Entities will have at the Closing <strong>Defensible</strong> Title to the real property interests included in the Assets; provided, that such interest is warranted only to the extent of claims that arise by, through, or under a Company Entity.", "Seller\u2019s special warranty of <strong>Defensible</strong> Title in Section 6.8 shall survive the Closing for six (6) years.", "<strong>Defensible</strong> space and fire-resistant structure evaluations, and mitigation of fire threats thereof, will be funded by 20% of the tax measure proceeds and will be done on a shared service basis or by the responsible Member consistent with Section 10."], "related": [["defensible-title", "Defensible Title", "<strong>Defensible</strong> Title"], ["good-and-defensible-title", "Good and Defensible Title", "Good and <strong>Defensible</strong> Title"], ["material-properties", "Material Properties", "Material Properties"], ["oil-and-gas-interests", "Oil and Gas Interests", "Oil and Gas Interests"], ["leasehold", "Leasehold", "Leasehold"]], "related_snippets": [], "updated": "2025-07-07T00:16:55+00:00"}, "json": true, "cursor": ""}}