Promoted Xxxxx Sample Clauses

Promoted Xxxxx. 3.1 For any Well in which Chesapeake elects to participate prior to total expenditure of the Promote Cap (“Promoted Well”), PXP shall participate in such Promoted Well and agrees to be responsible for and pay on a current and timely basis fifty percent (50%) of Chesapeake’s working interest share of all Well Costs (“Promoted Well Costs”). PXP’s obligation to pay Promoted Well Costs shall be in addition to the Closing Payments payable by PXP to Chesapeake pursuant to the PSA. PXP shall pay the Promoted Well Costs in addition to PXP’s working interest share of Well Costs. Notwithstanding anything contained in this Agreement to the contrary, PXP’s obligation to pay Promoted Well Costs shall terminate at such time as the aggregate Promoted Well Costs paid by PXP equals the Promote Cap or the end of the Initial Term, whichever occurs first. In the event of a cash refund pursuant to Sections 4.4(c.) and 4.6 of the PSA, then the Promote Cap shall be reduced by the amount of such refund. In the event of a cash addition pursuant to Section 4.5 of the PSA, then the Promote Cap shall be increased by the amount of such addition.
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Promoted Xxxxx. Prior to total expenditure of the Carry Amount, Participant shall bear and pay, in good and immediately available funds, sixty percent (60%) of Eureka’s Proportionate Share of the Well Costs (“Promoted Well Costs”) incurred for each Well drilled on the lands within the Primary Acreage AMI (the “Promoted Xxxxx”). Unless Participant has elected to be a non-consenting party in accordance with the terms hereof and the applicable Operating Agreement or Third Party JOA, in addition to the Promoted Well Costs, Participant shall pay its Proportionate Share of Well Costs for each Promoted Well. Participant shall pay both the Promoted Well Costs and its Proportionate Share of Well Costs for each Promoted Well no later than the applicable time period set forth in the applicable Operating Agreement or Third Party JOA (the “Payment Date”). Participant’s obligation to pay Promoted Well Costs shall terminate at such time as the aggregate Promoted Well Costs paid by Participant equals the Carry Amount. For purposes of determining Promoted Well Costs for any Well, Eureka’s Working Interest in such Well shall initially be determined as of the date Participant receives the applicable AFE. Until such time as Participant has expended the entire Carry Amount, Eureka shall deliver to Participant no later than thirty (30) days after the end of each calendar quarter a statement showing the outstanding balance of the Carry Amount. In the event that Participant fails to pay Promoted Well Costs for any Promoted Well by the respective Payment Date, Eureka may thereupon deliver to Participant a notice of Participant’s failure to pay, which notice shall set forth the amount of Promoted Well Costs that is past due and demand payment of such Promoted Well Costs within ten (10) days after Participant’s receipt of such notice. If Participant fails to pay the full amount of the past due Promoted Well Costs within such ten (10) day period (a “Nonpayment Event”), Participant shall reassign to Eureka, by the execution, acknowledgment and delivery of an assignment in recordable form with a warranty of title by, through and under Eureka, 100% of Participant’s interest in the Contract Area in which the applicable Promoted Well is located, SAVE AND EXCEPT, any existing wellbores located thereon in which Participant owns an interest (each a “Reassignment”). Each such Reassignment shall be free and clear of any Subsequently-Created Burdens and liens and encumbrances of any kind granted or created by ...
Promoted Xxxxx. 4.1 COHORT will have a period of forty-eight (48) months beginning November 1, 2009, to have the exclusive right to propose a new Well or Xxxxx within the Joint Leases (“Exclusivity Period”). For any Well in which COHORT elects to participate prior to total expenditure of the Haynesville Capital Carry (in the Prospects’ AMIs in Texas or Louisiana) or the Marcellus Capital Carry (in the Prospects’ AMIs in Pennsylvania) (“Promoted Well”), ENDEAVOUR will participate in such Promoted Well AND agrees to be responsible and pay on a current and timely basis the applicable Cohort Carried Interest amount for the applicable Prospect, provided that the Promoted Well or Xxxxx are, in ENDEAVOUR’s reasonable determination, technically and economically justified. If ENDEAVOUR does not elect to participate in such Promoted Well or Xxxxx because, in its reasonable determination the Promoted Well or Xxxxx are not technically and economically justified, and elects to go non-consent under the JOA, ENDEAVOUR will nevertheless pay the Cohort Carried Interest to COHORT for such Promoted Well or Promoted Xxxxx. For every Promoted Well or Promoted Xxxxx in which ENDEAVOUR participates, ENDEAVOUR will pay the Cohort Carried Interest in addition to ENDEAVOUR’s working interest share of Well Costs.

Related to Promoted Xxxxx

  • /s/ Xxxxxx X Xxxxx ------------------- ..................

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  • Xxxxxxx Xxxxxxx/Market Abuse Laws You acknowledge that, depending on your country or broker’s country, or the country in which Common Stock is listed, you may be subject to xxxxxxx xxxxxxx restrictions and/or market abuse laws in applicable jurisdictions, which may affect your ability to accept, acquire, sell or attempt to sell, or otherwise dispose of the shares of Common Stock, rights to shares of Common Stock (e.g., RSUs) or rights linked to the value of Common Stock, during such times as you are considered to have “inside information” regarding the Company (as defined by the laws or regulations in applicable jurisdictions, including the United States and your country). Local xxxxxxx xxxxxxx laws and regulations may prohibit the cancellation or amendment of orders you placed before possessing inside information. Furthermore, you may be prohibited from (i) disclosing insider information to any third party, including fellow employees and (ii) “tipping” third parties or causing them to otherwise buy or sell securities. Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any applicable Company xxxxxxx xxxxxxx policy. You acknowledge that it is your responsibility to comply with any applicable restrictions, and you should speak to your personal advisor on this matter.

  • Xxxx Xxxxx Where the parties cannot agree on an arbitrator, one of the above named will be chosen at random.

  • Xxxx Xxxxxx Purchase Order and Sales Contact Email Please enter a valid email address that will definitely reach the Purchase Order and Sales Contact. xxxxxx@xxxxxxxxxxxxxxxx.xxx Purchase Order and Sales Contact Phone Numbers only, no symbols or spaces (Ex. 8668398477). The system will auto-populate your entry with commas once submitted which is appropriate and expected (Ex. 8,668,398,477). 2 3 8003839362 Company Website Company Website (Format - xxx.xxxxxxx.xxx) 4 xxx.xxxxxxxxxxxxxxxx.xxx Entity D/B/A's and Assumed Names You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9. In this question, please identify all of your entity's assumed names and D/B/A's. Please note that you will be identified publicly by the Legal Name under which you respond to this solicitation unless you organize otherwise with TIPS after award. 5 N/A Primary Address Primary Address 2 0000 X Xxxxx Xxxxx Primary Address City Primary Address City 7 West Jordan Primary Address State Primary Address State (2 Digit Abbreviation) 2 8 UT Primary Address Zip Primary Address Zip 9 84081 Search Words Identifying Vendor Please list all search words and phrases to be included in the TIPS database related to your entity. Do not list words which are not associated with the bid category/scope (See bid title for general scope). This will help users find you through the TIPS website search function. You may include product names, manufacturers, specialized services, and other words associated with the scope of this solicitation.

  • Xxxxx Xxxxx Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia.

  • Xxxx-Xxxxx-Xxxxxx Act The waiting period (and any extension thereof) applicable to the consummation of the transactions contemplated hereby under the HSR Act shall have expired or been terminated.

  • Xxxxx Xxxxxx Purchase Order and Sales Contact Email Please enter a valid email address that will definitely reach the Purchase Order and Sales Contact. 2 2 xxxxx@xxxxxxxxxxxxxxxxx.xxx Purchase Order and Sales Contact Phone Numbers only, no symbols or spaces (Ex. 8668398477). The system will auto-populate your entry with commas once submitted which is appropriate and expected (Ex. 8,668,398,477). 2 3 7139838819 Company Website Company Website (Format - xxx.xxxxxxx.xxx) 4 xxx.xxxxxxxxxxxxxxxxx.xxx Entity D/B/A's and Assumed Names You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9. In this question, please identify all of your entity's assumed names and D/B/A's. Please note that you will be identified publicly by the Legal Name under which you respond to this solicitation unless you organize otherwise with TIPS after award. 5 Xxxxxxx Builders Primary Address Primary Address 2 00000 XX Xxxx Xx Primary Address City Primary Address City 7 Houston Primary Address State Primary Address State (2 Digit Abbreviation) 2 8 TX Primary Address Zip Primary Address Zip 77095 Search Words Identifying Vendor Please list all search words and phrases to be included in the TIPS database related to your entity. Do not list words which are not associated with the bid category/scope (See bid title for general scope). This will help users find you through the TIPS website search function. You may include product names, manufacturers, specialized services, and other words associated with the scope of this solicitation. 0 General Contractor, GC, Preconstruction Services, XXXX, Design Build, Concrete, Keystone Certification of Vendor Residency (Required by the State of Texas) Does Vendor's parent company or majority owner:

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