OIL AND GAS/MINING Sample Clauses

The "OIL AND GAS/MINING" clause establishes the rights, responsibilities, and limitations related to oil, gas, or mineral exploration and extraction on a property. Typically, this clause outlines whether the property owner or a third party holds the rights to extract natural resources, and may specify conditions such as access, compensation, or environmental protections. Its core function is to clarify ownership and usage rights regarding subsurface resources, thereby preventing disputes and ensuring all parties understand their entitlements and obligations concerning mineral activities.
OIL AND GAS/MINING. (a) Subject to subsection (b), Canada and the Band agree that they will not authorize or permit the production or disposition of oil or gas underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Oil and Gas Regulations, 1995, SOR/94-753. (b) If the requirements of section 4 of the said Indian Oil and Gas Regulations, 1995 are amended or repealed, in whole or in part, then, subject to enactment of amending or replacement federal legislation relating to the production of oil and gas situate on Entitlement Reserve land, Canada, Saskatchewan, and the Band agree to enter into good faith negotiations to alter the obligations of Canada and the Band under subsection (a). (c) Subject to subsection (d), Canada and Band agree that they will not authorize or permit the production or disposition of Minerals (other than oil or gas) underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Mining Regulations, C.R.C. 1978, c. 956. (d) If the requirements of section 4 of the said Indian Mining Regulations are repealed, in whole or in part, then subject to enactment of amending or replacement federal legislation relating to the extraction of Minerals located on Entitlement Reserve land, Canada, Saskatchewan, and the Band agree to enter into good faith negotiations to alter the obligations of Canada and the Band under subsection (c).
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OIL AND GAS/MINING. (a) Subject to subsection (b), where the Minerals underlying an Entitlement Reserve are subject to the provisions of the Indian Oil and Gas Act, Canada and the Band agree that they will not authorize or permit the production or disposition of oil or gas underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Oil and Gas Regulations, 1995, SOR/94- 753. (b) If the requirements of section 4 of the said Indian Oil and Gas Regulations, 1995 are amended or repealed, in whole or in part, then, subject to enactment of amending or replacement federal legislation relating to the production of oil and gas situate on Entitlement Reserve land, Canada, Saskatchewan, and the Band agree to enter into good faith negotiations to alter the obligations of Canada and the Band under subsection (a). (c) Where the Minerals underlying an Entitlement Reserve are subject to the Muskoday Land Code, the Band will make it a condition of every contract respecting the production or disposition of oil or gas that the contract holder, or their assignees, will comply with all provincial laws applicable to non-reserve lands that relate to the environment or to the exploration for, or development, treatment, conservation or equitable production of oil and gas. (d) The Band will make it a condition of every permit or lease respecting the production or disposition of Minerals (other than oil or gas) underlying an Entitlement Reserve that the permittee or lessee shall comply with the laws of Saskatchewan where such law relates to exploration for, or development, production, treatment and marketing of minerals.
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OIL AND GAS/MINING. (a) Subject to subsection (b), Canada and the Band agree that they will not authorize or permit the production or disposition of oil or gas underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Oil and Gas Regulations,
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Related to OIL AND GAS/MINING

  • Oil and Gas Properties The Borrower will and will cause each Subsidiary to, at its own expense, do or cause to be done all things reasonably necessary to preserve and keep in good repair, working order and efficiency all of its Oil and Gas Properties and other material Properties including, without limitation, all equipment, machinery and facilities, and from time to time will make all the reasonably necessary repairs, renewals and replacements so that at all times the state and condition of its Oil and Gas Properties and other material Properties will be fully preserved and maintained, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts. The Borrower will and will cause each Subsidiary to promptly: (i) pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, expenses and indebtedness accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties, (ii) perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases, sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties, (iii) cause each Subsidiary to do all other things necessary to keep unimpaired, except for Liens described in Section 9.02, its rights with respect to its Oil and Gas Properties and other material Properties and prevent any forfeiture thereof or a default thereunder, except to the extent a portion of such Properties is no longer capable of producing Hydrocarbons in economically reasonable amounts and except for dispositions permitted by Sections 9.16 and 9.

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • MINES The Contractor represents and warrants that neither it, its parent entities (if any), nor any of the Contractor’s subsidiaries or affiliated entities (if any) is engaged in the sale or manufacture of anti-personnel mines or components utilized in the manufacture of anti-personnel mines.

  • Gas If Customer has selected a Gas Fixed Rate, Customer’s Price will be based on the Fixed Rate(s), plus the Administration Charge, set forth in the Application, which includes RITERATE ENERGY’s compressor fuel and transportation charges, administrative and transaction costs and the Gas Balancing Amount and any Regulatory Charges (defined below).

  • Mineral Reserves and Resources The estimated proven and probable mineral reserves and estimated indicated, measured and inferred mineral resources disclosed in the SSR Public Disclosure Record have been prepared and disclosed in all material respects in accordance with all applicable Laws. The information provided by SSR to the Qualified Persons in connection with the preparation of such estimates was complete and accurate in all material respects at the time such information was furnished. There has been no material reduction in the aggregate amount of estimated mineral reserves or estimated mineral resources of SSR and its subsidiaries, taken as a whole, from the amounts disclosed in the SSR Public Disclosure Record.