This form creates an Area of Mutual Interest ( AMI ) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.
New York Area of Mutual Interest is a term that refers to various localities and communities within the state of New York that share similar goals, interests, or concerns. These areas serve as gathering points for individuals, organizations, and businesses to collaborate, share resources, and work towards common objectives. They promote networking, cooperation, and partnership among different entities, fostering a sense of community and mutual growth. Keywords: New York, area, mutual interest, localities, communities, goals, interests, concerns, gathering points, collaboration, resources, common objectives, networking, cooperation, partnership, community, mutual growth. Different Types of New York Area of Mutual Interest: 1. Business and Entrepreneurship: This type of area focuses on supporting and promoting entrepreneurial activities, fostering innovation, and providing resources for startups and small businesses. It aims to create an environment conducive to economic growth and job creation. 2. Technology and Innovation: This area is dedicated to advancing technological developments, research, and innovation. It aims to attract tech companies, startups, and professionals, while also providing networking opportunities and resources for growth in the digital sector. 3. Arts and Culture: These areas emphasize the promotion of arts, culture, and creativity. They support local artists, organizations, and events, aiming to preserve and enhance the cultural fabric of the community while providing outlets for artistic expression and showcasing talent. 4. Sustainability and Environmental Initiatives: These areas are focused on sustainable practices, environmental protection, and conservation efforts. They aim to create awareness, implement eco-friendly initiatives, and foster collaboration to address climate change and promote a greener future. 5. Education and Research: These areas prioritize education and research, working towards providing quality education, fostering intellectual growth, and facilitating knowledge exchange. They support educational institutions, research centers, and initiatives aimed at advancing learning and development. 6. Community Development and Social Services: This type of area concentrates on social welfare and community development. It aims to address societal issues, provide support to vulnerable populations, and promote community engagement and inclusivity. These different types of New York Areas of Mutual Interest represent the diverse interests and needs of various communities within the state. By fostering collaboration and providing a platform for mutual growth, these areas contribute to the overall development and prosperity of New York and its residents.
