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.
Wayne, Michigan, Area of Mutual Interest (AMI) is a designated region in Wayne County, Michigan, where various sectors collaborate and share common interests and goals. The AMI fosters mutual cooperation and partnerships among businesses, organizations, and communities, aiming to drive economic growth, prosperity, and sustainable development. The Wayne Michigan AMI encompasses diverse sectors, including: 1. Industrial Development: The AMI strives to attract new industries, promote expansion, and enhance the competitiveness of existing businesses. It focuses on creating job opportunities, fostering innovation, and improving the overall industrial landscape within the region. 2. Infrastructure Enhancement: Recognizing the significance of efficient infrastructure for economic vitality, the AMI seeks to upgrade transportation networks, water supply systems, broadband connectivity, and energy infrastructure. This ensures that businesses can operate smoothly and communities can thrive. 3. Workforce Development: The AMI acknowledges the importance of a skilled and educated workforce. It collaborates with educational institutions, vocational training centers, and employers to align educational offerings with industry needs, thus preparing individuals for in-demand careers. 4. Community Revitalization: The AMI endeavors to revitalize downtown areas, neighborhoods, historical sites, and cultural attractions. This includes promoting affordable housing, restoring architectural heritage, encouraging arts and culture initiatives, and creating vibrant spaces for residents and visitors. 5. Environmental Sustainability: Recognizing the crucial role of environmental stewardship, the AMI focuses on sustainable practices, reducing carbon footprint, preserving natural resources, and promoting eco-friendly technologies. This helps create a greener, cleaner, and healthier community. 6. Tourism and Recreation: The Wayne Michigan AMI also highlights the significance of tourism and recreation in the region. It strives to promote local attractions, natural wonders, outdoor recreation opportunities, and cultural events, thereby boosting tourism and generating economic benefits. The Wayne Michigan AMI operates through collaboration between local government bodies, chambers of commerce, economic development organizations, educational institutions, non-profit organizations, and industry leaders. This cooperative effort aims to leverage collective resources, knowledge, and expertise to create a thriving, well-rounded community that benefits both businesses and residents. By focusing on these various areas of mutual interest, the Wayne Michigan AMI lays the foundation for sustainable development, economic prosperity, improved quality of life, and a vibrant future.Wayne, Michigan, Area of Mutual Interest (AMI) is a designated region in Wayne County, Michigan, where various sectors collaborate and share common interests and goals. The AMI fosters mutual cooperation and partnerships among businesses, organizations, and communities, aiming to drive economic growth, prosperity, and sustainable development. The Wayne Michigan AMI encompasses diverse sectors, including: 1. Industrial Development: The AMI strives to attract new industries, promote expansion, and enhance the competitiveness of existing businesses. It focuses on creating job opportunities, fostering innovation, and improving the overall industrial landscape within the region. 2. Infrastructure Enhancement: Recognizing the significance of efficient infrastructure for economic vitality, the AMI seeks to upgrade transportation networks, water supply systems, broadband connectivity, and energy infrastructure. This ensures that businesses can operate smoothly and communities can thrive. 3. Workforce Development: The AMI acknowledges the importance of a skilled and educated workforce. It collaborates with educational institutions, vocational training centers, and employers to align educational offerings with industry needs, thus preparing individuals for in-demand careers. 4. Community Revitalization: The AMI endeavors to revitalize downtown areas, neighborhoods, historical sites, and cultural attractions. This includes promoting affordable housing, restoring architectural heritage, encouraging arts and culture initiatives, and creating vibrant spaces for residents and visitors. 5. Environmental Sustainability: Recognizing the crucial role of environmental stewardship, the AMI focuses on sustainable practices, reducing carbon footprint, preserving natural resources, and promoting eco-friendly technologies. This helps create a greener, cleaner, and healthier community. 6. Tourism and Recreation: The Wayne Michigan AMI also highlights the significance of tourism and recreation in the region. It strives to promote local attractions, natural wonders, outdoor recreation opportunities, and cultural events, thereby boosting tourism and generating economic benefits. The Wayne Michigan AMI operates through collaboration between local government bodies, chambers of commerce, economic development organizations, educational institutions, non-profit organizations, and industry leaders. This cooperative effort aims to leverage collective resources, knowledge, and expertise to create a thriving, well-rounded community that benefits both businesses and residents. By focusing on these various areas of mutual interest, the Wayne Michigan AMI lays the foundation for sustainable development, economic prosperity, improved quality of life, and a vibrant future.