Joint Lands definition

Joint Lands means the lands described in Schedule “A” hereto, including where the context requires the petroleum substances within, upon or under such lands, or any interest or interests in such lands from time to time remaining subject to this Agreement;

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Joint Lands means the lands described in Schedule "A"; and

Joint Lands means lands for which MB Gas acquires Title Documents for an Upstream Project represented by petroleum and natural gas leases or licenses upon the leased or licensed lands for which the Parties agree to conduct Upstream Project operations pursuant to an approved AFE for an Approved Project;

Examples of Joint Lands in a sentence

• The following Schedules are attached to and incorporated into this Agreement: Schedule “A”, which describes the Title Documents, the Joint Lands, the Encumbrances and the Working Interests; and Schedule “B”, which contains the elections and amendments to the Operating Procedure.

• In addition to the provisions of Article 15.00 of the Operating Procedure, no Party will do, or cause to be done, anything to encumber the Joint Lands or otherwise impact the Title Documents held by it which might reasonably result in any portion of any of those Title Documents becoming subject to termination or forfeiture.

• No Party warrants title to its Working Interest in the Joint Lands.

• The Operator shall become the Title Administrator in due course with respect to any such Title Document that ceases to include rights in addition to the Joint Lands.

• As of the Effective Date, and except as may otherwise be provided herein, the Operating Procedure as amended by this Agreement: governs the relationship of the Parties as to their respective Working Interests; and applies to all Operations conducted with respect to the exploration, development and operation of the Joint Lands and the production of Petroleum Substances therefrom.

• The provisions of the preceding Clause shall apply, mutatis mutandis, to the Parties’ Operations, activities and obligations with respect to the Joint Lands relative to the Reserved Formations.

• Notwithstanding the provisions of Article 9.00 and Article 10.00 of the Operating Procedure, under no circumstance may a Party Complete a well in one or more formations included in the Joint Lands with any other formations or substances not included in the Joint Lands without the consent of the other Parties, which consent may be refused by a Party for any reason.

• That Party shall conduct any other such operations with respect to the Reserved Formations in a manner that shall not interfere with Operations on the Joint Lands.

• Any credits or grants obtained from Her Majesty the Queen in the right of Canada or the Province of Alberta pursuant to any law, statute, regulation or cabinet order of the appropriate jurisdiction, on account solely of any operations conducted on the Joint Lands shall be shared by the Parties participating in such operation in proportion to the interests in which they participate in such operation.

• If any well on the Joint Lands is completed for the taking of production the Operator shall be responsible for making timely application, on behalf of the parties, pursuant to the Regulations, for new royalty status on any petroleum substances and for any royalty holiday or abatement that may be applicable to operations hereunder.

More Definitions of Joint Lands

Joint Lands means joint lands and lands where the Parties have acquired and interest pursuant to the terms of a Farmin Agreement and/or an Additional Farmin Agreement as set forth in Clause 12(b) or 13(b);

Joint Lands means the lands set forth and described under the heading “joint lands” in Schedule “A” hereto and so much thereof and rights thereto and interests therein as are granted by the title documents and as shall remain subject to this Agreement from time to time; and

Joint Lands shall be deemed to mean “Pooled Interests” and “Pooled Lands”.

Joint Lands. “Working Interest”

Joint Lands means those Lands that are within Panoche Drainage District and within Panoche Water District.

Joint Lands means the lands more particularly set out and described and from time to time remaining in Schedule "A";