Replacement well definition
Examples of Replacement well in a sentence
Pursuant to Resolution No. 2016-97 the City Council approved and accepted fee title interest to said Replacement Well Site.
By the same resolution and in exchange for the Replacement Well Site, the City transferred to ▇▇▇▇▇▇▇▇▇’▇ Ready Mix Properties via Quitclaim Deed the former City Well site more specifically identified as APN ▇▇▇-▇▇▇-▇▇▇.
The City represents and warrants that it is the owner of the Replacement Well Site and/or holds public right-of-way interests in property immediately adjacent to the Quarry (“Public Parcel”).
If any present or future income tax laws of the state or states in which any Wellbore, Down-Spaced Well, or Replacement Well is located or any future income tax laws of the United States contain provisions similar to those in Subchapter “K,” Chapter 1, Subtitle “A,” of the Code, under which an election similar to that provided by Section 761 of the Code is permitted, each Party shall make such election as may be permitted or required by such laws.
If PSE USA makes a permitted conveyance of interests in a Wellbore, Replacement Well, or Down-Spaced Well, it shall, at Pioneer USA’s request, take such actions as necessary to bind the assignee of such conveyance to this Agreement.