Common use of Disposition of Production Clause in Contracts

Disposition of Production. 22.1 Take-in-Kind Facilities Subject to Article 22.2, a Party may, at its sole cost and risk, construct Take-in-Kind Facilities to take its share of Hydrocarbon production in kind.

Appears in 6 contracts

Sources: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Offshore Operating Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)

Disposition of Production. 22.1 Take-in-Kind Facilities Subject to Article 22.2, a Facilities. A Party may, at its sole cost and risk, construct Take-in-Kind Facilities to take its share of Hydrocarbon production in kind.

Appears in 1 contract

Sources: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)