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.
Phoenix, Arizona, area of mutual interest refers to specific locations or communities within the greater Phoenix metropolitan area that attract individuals or groups with similar interests, activities, or goals. These areas often cater to the needs and preferences of the people who share common interests, making them highly desirable places to live, visit, or invest in. Here are some different types of Phoenix Arizona areas of mutual interest: 1. Outdoor Enthusiasts: The Phoenix area boasts various outdoor recreational opportunities, making it a haven for outdoor enthusiasts. Several areas of mutual interest within this category include: — Hiking and Trail Activities: Areas such as Camelback Mountain, South Mountain Park, and McDowell Sonoran Preserve offer scenic hiking trails suitable for all skill levels. — Golfing: With over 200 golf courses, including the famous TPC Scottsdale and Troop North, the Phoenix area is a golfer’s paradise— - Water Sports: Arizona has many lakes and rivers where enthusiasts can enjoy activities like boating, fishing, and kayaking. Saguaro Lake and Lake Pleasant are popular destinations in this regard. — Desert Exploration: Sonoran Desert National Monument and Estrella Mountain Regional Park provide visitors with opportunities for desert exploration, nature walks, and wildlife viewing. 2. Art and Culture Lovers: Phoenix is home to a thriving art and cultural scene, offering numerous areas of mutual interest for those who appreciate the arts. Some notable locations include: — Roosevelt Row Arts District: Known for its vibrant street art, galleries, and a bustling art scene, this area attracts artists, collectors, and enthusiasts alike. — Heard Museum: A world-renowned museum showcasing Native American art and culture, offering exhibits, festivals, and educational programs. — Phoenix Art Museum: The largest art museum in the Southwest, featuring an extensive collection of contemporary and classic art. — Musical Performances: Venues like the Phoenix Symphony Hall and the Crescent Ballroom host a wide range of musical performances, catering to all tastes. 3. Family-oriented Communities: Phoenix is home to numerous family-friendly neighborhoods and destinations. Some areas of mutual interest for families include: — Children's Museum of Phoenix: Offering hands-on exhibits and educational programs, this museum provides an interactive and fun experience for families with young children. — Phoenix Zoo: A popular destination for families, featuring more than 3,000 animals, interactive exhibits, and various educational programs. — Desert Botanical Garden: With its beautiful collection of desert plants, this garden offers educational exhibits and family-friendly events throughout the year. It's important to note that these areas of mutual interest often overlap, as people with common interests may also appreciate other aspects of the Phoenix area. Overall, Phoenix provides a diverse range of opportunities for individuals and groups with a wide array of hobbies, passions, and interests.Phoenix, Arizona, area of mutual interest refers to specific locations or communities within the greater Phoenix metropolitan area that attract individuals or groups with similar interests, activities, or goals. These areas often cater to the needs and preferences of the people who share common interests, making them highly desirable places to live, visit, or invest in. Here are some different types of Phoenix Arizona areas of mutual interest: 1. Outdoor Enthusiasts: The Phoenix area boasts various outdoor recreational opportunities, making it a haven for outdoor enthusiasts. Several areas of mutual interest within this category include: — Hiking and Trail Activities: Areas such as Camelback Mountain, South Mountain Park, and McDowell Sonoran Preserve offer scenic hiking trails suitable for all skill levels. — Golfing: With over 200 golf courses, including the famous TPC Scottsdale and Troop North, the Phoenix area is a golfer’s paradise— - Water Sports: Arizona has many lakes and rivers where enthusiasts can enjoy activities like boating, fishing, and kayaking. Saguaro Lake and Lake Pleasant are popular destinations in this regard. — Desert Exploration: Sonoran Desert National Monument and Estrella Mountain Regional Park provide visitors with opportunities for desert exploration, nature walks, and wildlife viewing. 2. Art and Culture Lovers: Phoenix is home to a thriving art and cultural scene, offering numerous areas of mutual interest for those who appreciate the arts. Some notable locations include: — Roosevelt Row Arts District: Known for its vibrant street art, galleries, and a bustling art scene, this area attracts artists, collectors, and enthusiasts alike. — Heard Museum: A world-renowned museum showcasing Native American art and culture, offering exhibits, festivals, and educational programs. — Phoenix Art Museum: The largest art museum in the Southwest, featuring an extensive collection of contemporary and classic art. — Musical Performances: Venues like the Phoenix Symphony Hall and the Crescent Ballroom host a wide range of musical performances, catering to all tastes. 3. Family-oriented Communities: Phoenix is home to numerous family-friendly neighborhoods and destinations. Some areas of mutual interest for families include: — Children's Museum of Phoenix: Offering hands-on exhibits and educational programs, this museum provides an interactive and fun experience for families with young children. — Phoenix Zoo: A popular destination for families, featuring more than 3,000 animals, interactive exhibits, and various educational programs. — Desert Botanical Garden: With its beautiful collection of desert plants, this garden offers educational exhibits and family-friendly events throughout the year. It's important to note that these areas of mutual interest often overlap, as people with common interests may also appreciate other aspects of the Phoenix area. Overall, Phoenix provides a diverse range of opportunities for individuals and groups with a wide array of hobbies, passions, and interests.
