Unit Agreement Sample Clauses
Unit Agreement. You, the other les- sees, and the unit operator must enter into a unit agreement. The unit agree- ment must: allocate benefits to unit- ized leases, designate a unit operator, and specify the effective date of the unit agreement. The unit agreement must terminate when: the unit no longer produces unitized substances, and the unit operator no longer con- ducts drilling or well-workover oper- ations (§ 250.180) under the unit agree- ment, unless the Regional Supervisor orders or approves a suspension of pro- duction under § 250.170.
Unit Agreement. That certain Unit Agreement for Exploration, Development, and Production Operations on the Beta Unit, San ▇▇▇▇▇ Bay Area, Outer Continental Shelf, Offshore California dated to be effective as of April 15, 1983, as amended.
Unit Agreement. “Unit Agreement” shall mean the Unit Agreement, dated as of November 1, 1964, among the City, the State and certain Working Interest Owners, relating to the unitization of the Long Beach Unit of the Wilmington Oil Field, California.
Unit Agreement. This Note is the Maker's "Note" and is issued pursuant to and is subject to and entitled to the benefit of that certain Unit Subscription Agreement dated as of May 17, 1996, between Maker and the Purchasers named therein, as the same may be amended, modified or supplemented from time to time as permitted thereby (as amended, the "Unit Agreement"). Capitalized terms used herein without definition shall have the meaning set forth in the Unit Agreement.
Unit Agreement. 19 (m) Investor Rights Agreement................................................................. 19 (n) Limited Liability Company Agreement....................................................... 19 (o)
Unit Agreement. The agreement between the Corporation and Unit Recipient with respect to the award of Units to the Unit Recipient, including such terms and conditions as are necessary or appropriate under V.
Unit Agreement. An agreement or plan of development and operation for the production and utilization of separately owned interests in the geothermal resources made subject thereto as a single consolidated unit without regard to separate ownerships and which provides for the allocation of costs and benefits on a basis defined in the agreement or plan.
Unit Agreement. 3 3.2 Acre-Feet of WIPA Pay.......................................... 3 3.3
Unit Agreement. The Issuers and the Unit Agent shall have -------------- entered into the Unit Agreement, and the Initial Purchasers shall have received an executed copy thereof.