Common use of Interest of Developer Clause in Contracts

Interest of Developer. Except as otherwise provided in this Agreement, all costs, expenses, and liabilities incurred in connection with the drilling and other operations and activities contemplated by this Agreement shall be borne and paid, and all ▇▇▇▇▇, gathering lines of up to approximately 2,500 feet on each Well Location in connection with a natural gas well, equipment, materials, and facilities acquired, constructed or installed under this Agreement shall be owned, by the Developer in proportion to the share of the Working Interest owned by the Developer in the ▇▇▇▇▇. Subject to the payment of lessor’s royalties and other royalties and overriding royalties, if any, production of oil and gas from the ▇▇▇▇▇ to be drilled under this Agreement shall be owned by the Developer in proportion to the share of the Working Interest owned by the Developer in the ▇▇▇▇▇. Additionally, all costs, expenses, and liabilities incurred in connection with the leasing, developing, drilling, and operation of water disposal or injection ▇▇▇▇▇, and the transportation or injection of waste water from Developer’s productive ▇▇▇▇▇ under this Agreement shall be the sole responsibility of Developer in proportion to the share of the Working Interest owned by the Developer. In the event Operator provides any services related to disposal ▇▇▇▇▇, injection ▇▇▇▇▇, transportation of waste water or similar matters under this Agreement, Operator shall be paid a monthly competitive fee, as determined by Developer and Operator.

Appears in 2 contracts

Sources: Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.), Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.)