Examples of Area of Mutual Interest in a sentence
During 2004, the Company entered into two agreements to acquire mineral tenements over properties that are within the Area of Mutual Interest to the Surigao properties.
Under the terms of the MOA and the SOA and as confirmed in a Confirmation Agreement between the Company, Minimax and Panoro, the parties established an Area of Mutual Interest surrounding the Agata, Tapian and Mat-I properties.
Notwithstanding the foregoing, the provisions of Article 27 of the Operating Agreement (Area of Mutual Interest) will be applicable to the Parties hereto from and after the Effective Date and should RIDGEWOOD be required to reassign its interest in accordance with Article 4.3 of this Agreement then the Reassignment will also include any and all rights or interest acquired by RIDGEWOOD, as applicable, pursuant to said Article 27.
In addition to any remedy authorized by law, so much of the money due the Contractor under and by virtue of the contract as shall be considered necessary by the Department may be retained by the State until disposition has been made of such suits, actions, or claims for damages as aforesaid, but this provision shall not be construed as precluding the State from enforcing any right of offset it may have as to any such money.
The Parties hereby establish an Area of Mutual Interest "AMI", same to be comprised of the area outlined on the attached Exhibit "A", and which shall cover AMI Interests located therein.