PUD Location definition

PUD Location means for each PUD Well identified on Exhibit F, the leases identified on Exhibit F as being associated with such PUD Well subject to any depth restriction set forth for such Leases in Exhibit A.
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PUD Location means each drilling location identified in the Reserve Reports, subject to any depth restriction set forth in the Reserve Reports to such location.
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PUD Location shall have the meaning given that term in Section 4.02.
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Examples of PUD Location in a sentence

  • The term “Title Benefit” shall mean Seller’s Net Revenue Interest in any Lease, Well, PUD Location and PDNP that is greater than or in addition to the Net Revenue Interest set forth in Exhibit C, or Seller’s Working Interest in any Lease, Well, PUD Location and PDNP that is less than the Working Interest set forth in Exhibit C (without a proportionate decrease in the Net Revenue Interest).

  • The Purchase Price is allocated among the Assets on a well-by-well basis, including for each Well, PUD Location and PDNP, all as set forth in Exhibit C (the “Allocated Values”).

  • The term “Title Defect” means any encumbrance on, encroachment on, irregularity in, defect in, or objection to Seller’s ownership of the Assets (excluding Permitted Encumbrances) that causes Seller not to have Marketable Title to a particular Lease, including any Well, PUD Location, and PDNP, all as described in Exhibit C.

  • The term "Title Benefit" shall mean Seller's Net Revenue Interest in any Well, PUD Location, PDNP, or Probable and/or Possible Locations that is greater than or in addition to the Net Revenue Interest set forth in Exhibit D, or Seller's Working Interest in any Well, PUD Location, PDNP, or Probable and/or Possible Locations that is less than the Working Interest set forth in Exhibit D (without a proportionate decrease in the Net Revenue Interest).

  • The term “Title Benefit” shall mean Seller’s Net Revenue Interest in any Well, PUD Location, PDNP, or Probable and/or Possible Locations that is greater than or in addition to the Net Revenue Interest set forth in Exhibit D, or Seller’s Working Interest in any Well, PUD Location, PDNP, or Probable and/or Possible Locations that is less than the Working Interest set forth in Exhibit D (without a proportionate decrease in the Net Revenue Interest).

  • Except as set forth on Schedule 4.10 or as otherwise disclosed in writing to the Agent, neither the Borrower nor any of its Subsidiaries is subject to any obligation to drill additional ▇▇▇▇▇, finance the drilling of additional ▇▇▇▇▇, or conduct additional operations in order to earn or continue to own any Significant PUD Location or any other proved developed producing reserves or proved developed nonproducing reserves evaluated in any Engineering Report.

  • Except as set forth on Schedule 4.10 or as otherwise disclosed in writing to the Administrative Agent, neither the Borrower nor any of its Subsidiaries is subject to any obligation to drill additional ▇▇▇▇▇, finance the drilling of additional ▇▇▇▇▇, or conduct additional operations in order to earn or continue to own any Significant PUD Location or any other proved developed producing reserves or proved developed nonproducing reserves evaluated in any Engineering Report.


More Definitions of PUD Location

PUD Location means the interest in Hydrocarbons that would be produced from or attributable to a hypothetical well (or recompletion of a Well) as identified on Annex E.
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PUD Location has the meanings and values set forth in the Allocation Schedule 2.2.
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Related to PUD Location

  • Fixed location means a permanent place of doing business in this state, such as an office, warehouse, storefront, or similar location owned or controlled by an employer.

  • Approved Location means the site for the operation of the Franchised Business selected by Franchisee and approved in writing by Franchisor;

  • Anchor location means the physical location from which:

  • Project Location means the points or areas designated as such on Exhibit A and located on the ground by reference to points, stations, natural land features, improvements, or area boundary signs. STATE means the Oregon Department of Forestry, State Forester, or a duly Authorized Representative of the State Forester.

  • Co-location means the use of an existing tower or structure to support antennae for the provision of wireless services. A replacement tower that is constructed on the same site as an existing tower will be considered a co-location as long as the new tower is no taller than the old tower and that the old tower is removed in a reasonable short time frame after the new tower is constructed.