Operator - Responsibilities in General; Covenants; Term Sample Clauses

This clause defines the general duties and ongoing commitments of the operator throughout the duration of the agreement. It typically outlines the operator’s obligations to perform services diligently, comply with applicable laws, and maintain certain standards or practices. For example, the operator may be required to keep accurate records, ensure safety protocols are followed, or report regularly to the other party. The core function of this clause is to clearly establish the operator’s responsibilities and the timeframe in which they apply, thereby ensuring accountability and consistent performance during the contract term.
Operator - Responsibilities in General; Covenants; Term. (a) OPERATOR - RESPONSIBILITIES IN GENERAL. Atlas shall be the Operator of the ▇▇▇▇▇ and Well Locations subject to this Agreement and, as the Developer's independent contractor, shall, in addition to its other obligations under this Agreement do the following: (i) arrange for drilling and completing the ▇▇▇▇▇ and, if a gas well, installing the necessary gas gathering line systems and connection facilities; (ii) make the technical decisions required in drilling, testing, completing, and operating the ▇▇▇▇▇; (iii) manage and conduct all field operations in connection with the drilling, testing, completing, equipping, operating, and producing the ▇▇▇▇▇; (iv) maintain all ▇▇▇▇▇, equipment, gathering lines if a gas well, and facilities in good working order during their useful lives; and (v) perform the necessary administrative and accounting functions. In performing the work contemplated by this Agreement, Operator is an independent contractor with authority to control and direct the performance of the details of the work.
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Operator - Responsibilities in General; Covenants; Term. (a) Operator - Responsibilities in General. Atlas shall be the Operator of the ▇▇▇▇▇ and Well Locations subject to this Agreement and, as the Developer’s independent contractor, shall, in addition to its other obligations under this Agreement do the following: (i) arrange for drilling and completing the ▇▇▇▇▇ and, if a gas well, installing the necessary gas gathering line systems and connection facilities; (ii) make the technical decisions required in drilling, testing, completing, and operating the ▇▇▇▇▇; (iii) manage and conduct all field operations in connection with the drilling, testing, completing, equipping, operating, and producing the ▇▇▇▇▇; (iv) maintain all ▇▇▇▇▇, equipment, gathering lines if a gas well, and facilities in good working order during their useful lives; and (v) perform the necessary administrative and accounting functions. In performing the work contemplated by this Agreement, Operator is an independent contractor with authority to control and direct the performance of the details of the work.
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Operator - Responsibilities in General; Covenants; Term. (a) Operator - Responsibilities in General. Atlas shall be the Operator of the ▇▇▇▇▇ and Well Locations subject to this Agreement and, as the Developer's independent contractor, shall, in addition to its other obligations under this Agreement do the following: (i) arrange for drilling and completing the ▇▇▇▇▇ and installing the necessary gas gathering line systems and connection facilities; (ii) make the technical decisions required in drilling, testing, completing, and operating the ▇▇▇▇▇; (iii) manage and conduct all field operations in connection with the drilling, testing, completing, equipping, operating, and producing the ▇▇▇▇▇; (iv) maintain all ▇▇▇▇▇, equipment, gathering lines, and facilities in good working order during their useful lives; and (v) perform the necessary administrative and accounting functions. In performing the work contemplated by this Agreement, Operator is an independent contractor with authority to control and direct the performance of the details of the work.
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Operator - Responsibilities in General; Covenants; Term. (a) Operator — Responsibilities in General. Atlas shall be the Operator of the ▇▇▇▇▇ and Well Locations subject to this Agreement and, as the Developer’s independent contractor, shall, in addition to its other obligations under this Agreement do the following: (i) arrange for drilling and completing (or plugging) the ▇▇▇▇▇ and, if a gas well, installing the necessary gas gathering line systems and connection facilities; (ii) make the technical decisions required in drilling, testing, completing (or plugging), and operating the ▇▇▇▇▇; (iii) manage and conduct all field operations in connection with the drilling, testing, completing (or plugging), equipping, operating, and producing the ▇▇▇▇▇; (iv) maintain all ▇▇▇▇▇, equipment, gathering lines if a gas well, and facilities in good working order during their useful lives; (v) perform the necessary administrative and accounting functions; and (vi) design water disposal plans, if needed, for the ▇▇▇▇▇. In performing the work contemplated by this Agreement, Operator is an independent contractor with authority to control and direct the performance of the details of the work.
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Related to Operator - Responsibilities in General; Covenants; Term

  • General Covenants The Corporation covenants with the Warrant Agent that, so long as any Warrants remain outstanding: (a) it will reserve and keep available a sufficient number of Common Shares for the purpose of enabling it to satisfy its obligations to issue Common Shares upon the exercise of the Warrants; (b) it will cause the Common Shares from time to time acquired pursuant to the exercise of the Warrants to be duly issued and delivered in accordance with the Warrants and the terms hereof; (c) all Common Shares which shall be issued upon exercise of the right to acquire provided for herein shall be fully paid and non-assessable; (d) it will use reasonable commercial efforts to maintain its existence and carry on its business in the ordinary course; (e) it will use reasonable commercial efforts to ensure that all Common Shares outstanding or issuable from time to time (including without limitation the Common Shares issuable on the exercise of the Warrants) continue to be or are listed and posted for trading on the NEO or CSE (or such other stock exchange acceptable to the Corporation), provided that this clause shall not be construed as limiting or restricting the Corporation from completing a consolidation, amalgamation, arrangement, takeover bid or merger that would result in the Common Shares ceasing to be listed and posted for trading on the NEO or CSE, so long as the holders of Common Shares receive securities of an entity that is listed on a stock exchange in Canada or the United States, or cash, or the holders of the Common Shares have approved the transaction in accordance with the requirements of applicable corporate and securities laws and the policies of the NEO, CSE or other stock exchange on which the Common Shares are trading; (f) it will make all requisite filings under applicable Canadian securities legislation including those necessary to remain a reporting issuer not in default in each of the provinces and other Canadian jurisdictions where it is or becomes a reporting issuer for a period of 24 months after the Effective Date, provided that this clause shall not be construed as limiting or restricting the Corporation from completing a consolidation, amalgamation, arrangement, takeover bid or merger that would result in the Common Shares ceasing to be listed and posted for trading on the NEO or CSE (or such other Canadian stock exchange acceptable to the Corporation), so long as the holders of Common Shares receive securities of an entity that is listed on a stock exchange in Canada or the United States, or cash, or the holders of the Common Shares have approved the transaction in accordance with the requirements of applicable corporate and securities laws and the policies of the NEO, CSE or other Canadian stock exchange on which the Common Shares are trading; (g) the Corporation will promptly notify the Warrant Agent and the Warrantholders in writing of any default under the terms of this Warrant Indenture which remains unrectified for more than ten days following its occurrence; (h) the Corporation will generally perform and carry out all of the acts or things to be done by it as provided in this Warrant Indenture.

  • General Covenant The Lessee shall not assign this Lease or mortgage, pledge or sublet the Leased Premises herein described without the written consent of the Lessor. The Lessee shall contract with the other parties to use and maintain the Leased Premises in accordance with the laws, regulations and ordinances of the United States of America, the State of Indiana, the City and all other proper governmental authorities.

  • Contractor Responsibility for System Agency’s Termination Costs If the System Agency terminates the Contract for cause, the Contractor shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Contractor. These costs include, but are not limited to, the costs of procuring a substitute vendor and the cost of any claim or litigation attributable to Contractor’s failure to perform any Work in accordance with the terms of the Contract.

  • Grantee Responsibility for System Agency’s Termination Costs If the System Agency terminates the Grant Agreement for cause, the Grantee shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Grantee. These costs include, but are not limited to, the costs of procuring a substitute grantee and the cost of any claim or litigation attributable to ▇▇▇▇▇▇▇’s failure to perform any work in accordance with the terms of the Grant Agreement.

  • Performing Agency Responsibility for System Agency’s Termination Costs If the System Agency terminates the Contract for cause, the Performing Agency shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Performing Agency. These costs include, but are not limited to, the costs of procuring a substitute vendor and the cost of any claim or litigation attributable to Performing Agency’s failure to perform any Work in accordance with the terms of the Contract.