TVOG definition
Examples of TVOG in a sentence
The Company has no subsidiaries (herein defined with respect to the Company, as any other Person 50% or more of whose voting securities or other ownership interests are directly or indirectly owned by the Company, collectively, “Subsidiaries”) other than Select Resources and TVOG.
With respect to each Program Well for which TVOG is to serve as operator as contemplated in subsection (c), all operations relating to such Program Well, including without limitation, all costs and expenditures of drilling, testing, completing, and equipping and operating such Program Well shall be conducted pursuant to a Joint Operating Agreement between TVOG as operator, and the Participants as non-operator.
Tri-Valley, TVOG, Tri-Valley Power, Pleasant Valley, Select Resources, GVDC, GVPS, and any of the affiliates of Tri-Valley, TVOG, Tri-Valley Power, Pleasant Valley, Select Resources, GVDC, and GVPS are collectively hereinafter referred to as “Tri-Vallev Entities”.
Address: 3270 Sul ▇▇▇▇ City, State, Zip: ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Main Telephone: ▇-▇▇▇-▇▇▇-▇▇▇▇ Company Website: ▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/ U.S. Trading Symbol(s): TVOG All classes of the Company’s securities that are quoted on OTC Link® ATS will be moved to OTCQB.
The charge to TVC and the Partnership for the use of TVOG's personnel (including consultants retained by TVOG), properties and equipment, the basis of pricing materials purchased by TVC and the Partnership from TVOG or any Affiliate thereof and the basis of pricing materials purchased by TVOG or any Affiliate thereof from TVC and the Partnership shall be as provided in the Operating Agreement, subject to the terms of the Partnership Agreement.
All Operating Costs and Reporting and Legal Expenses incurred with respect to Program ▇▇▇▇▇ shall be allocated between the Partnership and TVOG pro rata according to their working interest ownership in each respective Program Well in respect of which the cost is incurred.
Executive Officer and Tri-Valley and TVOG entered into that certain Employment Agreement (“Employment Agreement”) effective as of January 1, 2008, pursuant to which Tri-Valley and TVOG retained Executive Officer to serve as Chief Executive Officer and President of Tri-Valley and Chief Executive Officer and President of TVOG.
TVOG will designate areas of mutual interest ("AMI") in and around the various Prospects developed by the partnership commencing with the date of formation of the partnership and ending December 31, 2007.
The Partnership shall have the right to remove TVOG as Program Manager and to elect and substitute a successor to act in the capacity as Program Manager; provided, the Partnership shall not have the right to remove TVOG as Program Manager and to elect and substitute a successor to act in such capacity during the term that TVC or any of its Affiliates serve in the capacity of Managing Partner.
Subject to Attachment A, TVOG shall have the right to sell or otherwise dispose of the ownership interests in Leases held by it as part of the Program and subject to this Agreement without obtaining the consent of the Partnership.