DrillCo Agreement definition

DrillCo Agreement means that certain Development Agreement dated as of October 14, 2016 by and between the Borrower and DrillCo Investor, as amended as permitted under this Agreement.
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DrillCo Agreement means that certain Development Agreement, dated as of October 14, 2016, by and between the Company and STACK Exploration LLC, as such agreement is in effect on the Issue Date and as the same may be amended or supplement from to time to time after Issue Date, provided that no such amendment or supplement may be materially adverse to the Holders, including any amendment or supplement that would (A) increases the number of Joint Xxxxx (as defined in the DrillCo Agreement) above sixty (60); (B) materially changes the area subject to the Joint Development Agreement; or (C) materially change any economic terms or provision of the Joint Development Agreement, including with respect to the costs to be borne by the Company.
Sample 1
DrillCo Agreement means that certain Development Agreement in the certified form previously provided to the Administrative Agent to be entered into by the Borrower and DrillCo Investor as of the Amendment No. 9 Effective Date, as such DrillCo Agreement may be amended from time to time as permitted hereunder.
Sample 1

Examples of DrillCo Agreement in a sentence

  • Within three Business Days of any Loan Party receiving a Wellbore Assignment from the DrillCo Investor covering an Initial Reversionary Share (as defined in the DrillCo Agreement) or a Final Reversionary Share (as defined in the DrillCo Agreement), the Borrower shall notify the Administrative Agent of the same.

  • No Loan Party or Subsidiary is a party to any agreement or arrangement (other than this Agreement, the Security Instruments, the Second Lien Note Documents and the DrillCo Agreement), or subject to any order, judgment, writ or decree, that either restricts or purports to restrict its ability to grant Liens to secure the Secured Obligations against their respective Properties.

  • All amounts received by a Loan Party under the DrillCo Agreement shall be deposited into a deposit account with Xxxxx Fargo that is subject to an Account Control Agreement as such account.

  • Without the prior written consent of the Administrative Agent, no Loan Party shall amend or otherwise modify the DrillCo Agreement.

  • On the same date on which any Loan Party provides written notice to the DrillCo Investor that an Initial Reversion Date (as defined in the DrillCo Agreement) or Final Reversion Date (as defined in the DrillCo Areement) has occurred, the Borrower shall provide a copy of such notice to the Administrative Agent and the Lenders.

Related to DrillCo Agreement

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Concession Agreement means this Agreement, its Recitals, the Schedules hereto and any amendments thereto made in accordance with the provisions contained in this Agreement;

  • TO Agreement means this signed TO Agreement between DoIT and TO Contractor.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Training Agreement means an agreement registered under the provisions of the Industrial and Commercial Training Act 1985.

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Redevelopment Agreement means an agreement between the

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Interconnection Agreement means an agreement between Seller and the Interconnecting Utility and ISO-NE, as applicable, regarding the interconnection of the Facility to the Transmission System of the Interconnecting Utility, as the same may be amended from time to time.

  • Generation Interconnection Agreement means the large generator interconnection agreement to be entered into separately between Seller and Interconnection Provider concerning the Interconnection Facilities.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Development Agreement has the meaning set forth in the Recitals.

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Planning Agreement means an agreement, undertaking or obligation pursuant to the provisions of section 106 Town and Country Planning Act 1990 or section 111 of the Local Government Act 1972, section 33 of the Local Government (Miscellaneous Provisions) Act 1982 or an infrastructure agreement pursuant to section 38 or section 278 of the Highways Act 1980 or the section 104 of the Water Industry Act 1991;

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Contribution Agreement means that certain Contribution and Conveyance Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Partnership and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time.