Drilling and Operations Clause Samples

Drilling and Operations. To the best of Borrower's knowledge, except as heretofore disclosed to the Bank in writing, the oil and gas ▇▇▇▇▇ identified in the Collateral Documents have been drilled and operated in all material respects in accordance with the terms of relevant leases and agreements and applicable federal, state and local laws and regulations and are bottomed on and producing from the drilling and spacing units or blocks therefor.
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Drilling and Operations. Since owned by the Company and to the best of its knowledge prior thereto, the oil and gas ▇▇▇▇▇ comprising the producing Properties mortgaged to Bank Parties (or Agent for the benefit of Bank Parties) pursuant to the Security Documents have been drilled and operated in all material respects in accordance with the material terms of relevant leases and agreements and applicable Federal, state, and local laws and regulations and are bottomed on and producing from the drilling and spacing units or blocks therefor and no failure to comply therewith could have a Material Adverse Effect.
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Drilling and Operations. 38 7.18. Payments by Purchasers of Production..................................... 38 7.19. Credit Agreements........................................................ 38 7.20. Hazardous Materials...................................................... 38 7.21. Subsidiaries and Partnerships............................................ 40 7.22. True and Complete Disclosure............................................. 41 7.23. No Election to be Treated as a Utility................................... 41 ARTICLE VIII. Covenants of the Company............................................... 41 8.01. Financial Statements..................................................... 41 8.02. Litigation............................................................... 44 8.03. Corporate Existence, Etc................................................. 44 8.04.
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Drilling and Operations 
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Related to Drilling and Operations

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Management and Operations Promotes the learning and growth of all students and the success of all staff by ensuring a safe, efficient, and effective learning environment, using resources to implement appropriate curriculum, staffing, and scheduling

  • Use and Operation 3.1 Permitted Use ......................................................................................................

  • Management and Operation 6.01 Management of Partnership Affairs 16 6.02 Duties and Obligations of General Partner 17 6.03 Release and Indemnification 17 6.04 Power of Attorney 18

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System.