Replacement Xxxxx Sample Clauses

Replacement Xxxxx. Subject to Section 3.1 and Section 3.2, Gas Party shall have the right to drill replacement or recompletion Well(s) to Capture the remaining Gas Reserves on any lease(s) that are stranded as the result of a mine-through of a Well. Gas Party shall use reasonable efforts and work with Coal Party to locate the replacement Well or recompletion Well in a coal pillar or other location that will not jeopardize the health and safety of the Persons within any coal mine where operations are taking place. The replacement or recompletion Well will only be drilled after Coal Party’s written consent has been obtained, which shall not be unreasonably withheld, delayed, or conditioned. If the replacement or recompletion Well successfully establishes production from the lease(s), and Gas Party has received compensation from Coal Party under this Agreement, Gas Party shall reimburse Coal Party for the value Gas Party received to the extent production has been restored and Gas Reserves captured by such successful replacement or recompletion.
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Replacement Xxxxx. If a mandatory Exploration well is abandoned due to insurmountable technical problems such as those described in Articles 6.2.1(b), (c) and (d) and if at the time of this abandonment, the Exploration Costs associated with this Well are greater than or equal to the amount of the mandatory exploration well, the Contractor shall be considered to have fulfilled its minimum work obligations in this case with regard to this Well for the period concerned. If a mandatory Exploration Well is abandoned due to insurmountable technical problems and if at the time of this abandonment, the Exploration Costs corresponding to this Well are less than the amount of the mandatory exploration well, the Contractor shall then have the option to either:
Replacement Xxxxx. If it is agreed by the Farmor and Farmee that extenuating circumstances such as the failure to obtain planning consent even upon appeal or from an alternate surface site prevent the Drilling of any of the Xxxxxx Xxxxx, a Replacement Farmin Well may be proposed by the Farmee for the approval of the Farmor, such approval not to be unreasonably withheld. Such replacement well shall be selected from amongst the ten (10) Option Areas or from any other exploration leads or prospects identified on the Licence Areas as set forth in Clauses 11.1 and 11.2 below.

Related to Replacement Xxxxx

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

  • Xxxxxxxx-Xxxxx Certification Each Form 10-K with respect to the Trust shall include a Xxxxxxxx-Xxxxx Certification in the form attached to this Agreement as Exhibit X required to be included therewith pursuant to the Xxxxxxxx-Xxxxx Act. The Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer (in the case of the Asset Representations Reviewer, solely with respect to reporting periods in which the Asset Representations Reviewer is required to deliver an Asset Review Report Summary), the Custodian and the Trustee shall provide (and (i) with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant to provide, and (ii) with respect to any other Servicing Function Participant of such party (other than any party to this Agreement), shall cause such Servicing Function Participant to provide) to the Person who signs the Xxxxxxxx-Xxxxx Certification for the Trust or any Other Securitization Trust (the “Certifying Person”) no later than March 1 in the year immediately following the year as to which such Form 10-K relates or, if March 1 is not a Business Day, on the immediately following Business Day, a certification in the form attached to this Agreement as Exhibit Y-1, Exhibit Y-2, Exhibit Y-3, Exhibit Y-4, Exhibit Y-5, Exhibit Y-6, Exhibit Y-7 and Exhibit Y-8, as applicable, on which the Certifying Person, the entity for which the Certifying Person acts as an officer, and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification Parties”) can reasonably rely. With respect to each Outside Serviced Mortgage Loan serviced under an Outside Servicing Agreement, the Certificate Administrator shall use commercially reasonable efforts to procure, and upon receipt deliver to the Certifying Person, a Xxxxxxxx-Xxxxx back-up certification similar in form and substance to the certifications referenced in the preceding sentence, from the related Outside Servicer, the related Outside Special Servicer, the related Outside Paying Agent and the related Outside Trustee. In the event any Reporting Servicer is terminated or resigns pursuant to the terms of this Agreement, or any applicable Sub-Servicing Agreement or primary servicing agreement, as the case may be, such Reporting Servicer shall provide a certification to the Certifying Person pursuant to this Section 10.06 with respect to the period of time it was subject to this Agreement or the applicable sub-servicing or primary servicing agreement, as the case may be.

  • Xxxx-Xxxxx-Xxxxxx Notwithstanding any other provision in this Agreement, in the event the Xxxx Xxxxx Xxxxxx Antitrust Improvements Act of 1976, as amended (the “HSR Act”), is applicable to any Member by reason of the fact that any assets of the Company will be distributed to such Member in connection with the dissolution of the Company, the distribution of any assets of the Company shall not be consummated until such time as the applicable waiting periods (and extensions thereof) under the HSR Act have expired or otherwise been terminated with respect to each such Member.

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

  • 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.

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