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Area of Mutual Interest (AMI): a geographic area generally defined by a contract (e.g., Farmout, JOA, JDA or similar agreement) within which two or more persons hold an interest.
An area of mutual interest (AMI) contract describes the geographic area contained in the AMI, the rights of each party (such as the percentage interest allocated to each company), the agreement's term, and how contract provisions are to be implemented.
?mutual interest?, refers to ?the industrial or economic relationship between. employer and employee? (Brassey The New Labour Law (1987) 246). Strikes fall under industrial action by employees and are also seen as an exercise of economic power by employees.
Examples of mutual interest Additionally, there was also a separate group, the members of which have a mutual interest in drugs and drug-related crime. All have a mutual interest in the electronic exchange of the full texts of documents.