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 the Well Location, 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 ▇▇▇▇▇.

Appears in 2 contracts

Sources: Limited Partnership Agreement (Atlas America Public 11-2002 LTD), Drilling and Operating Agreement (Atlas America Public 12 2003 Program)