Joint Development Agreement. Each of SN, UnSub and ▇▇▇▇▇▇, concurrently with the Closing (unless any Party is a Failing Investor, a Closing Investor elects to pursue its rights under clause (b) of Section 6.3(a) and all Requisite Documents have been received and are in full force and effect at or prior to the Closing), shall enter into the Joint Development Agreement in the form attached hereto as Annex B (the “Joint Development Agreement”), in order to provide for the exploration, development and operation of the Assets.
Appears in 2 contracts
Sources: Interim Investors Agreement, Interim Investors Agreement (Sanchez Energy Corp)