Common use of Management and Operation Clause in Contracts

Management and Operation. Subject to the terms of this Agreement and the Master Agreement, the control, management and operation of the leases and ▇▇▇▇▇ located on the AMI, and the regulation of the flow of gas at the Point of Delivery shall be and remain the exclusive right of Seller including, but not limited to, the drilling of any ▇▇▇▇▇ and repair and reworking of old ▇▇▇▇▇; but Seller shall use its reasonable efforts to regulate the flow of gas to meet Buyer’s fluctuating requirements. Nothing herein shall require Seller to deliver any volume in excess of Seller’s allowable as established by the Jurisdictional Agency.

Appears in 1 contract

Sources: Master Agreement (Gateway Energy Corp/Ne)

Management and Operation. Subject to the terms of this Agreement and the Master Agreement, the control, management and operation of the leases and ▇▇▇▇▇ located on the AMI, and the regulation of the flow of gas at the Point of Delivery shall be and remain the exclusive right of Seller including, but not limited to, the drilling of any ▇▇▇▇▇ and repair and reworking of old ▇▇▇▇▇; but Seller shall use its reasonable efforts to regulate the flow of gas to meet Buyer’s 's fluctuating requirements. Nothing herein shall require Seller to deliver any volume in excess of Seller’s 's allowable as established by the Jurisdictional Agency.

Appears in 1 contract

Sources: Master Agreement (Geopetro Resources Co)

Management and Operation. Subject to the terms of this Agreement and the Master Development Agreement, the control, management management, and operation of the leases and Seller’s ▇▇▇▇▇ located on the AMI, and the regulation of the flow of gas at the Point of Delivery shall be and remain the exclusive right of Seller including, but not limited to, the drilling of any additional ▇▇▇▇▇ and repair and reworking of old ▇▇▇▇▇; but Seller shall use its reasonable efforts to regulate the flow of gas to meet Buyer’s fluctuating requirements. Nothing herein shall require Seller to deliver any volume of gas in excess of Seller’s allowable as established by the Jurisdictional Agency.

Appears in 1 contract

Sources: Field Development Agreement (Geopetro Resources Co)