Right of withdrawal. (A) Subject to the provisions of this Article 13 and the Contract, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Hyperdynamics Corp), Operating Agreement (Hyperdynamics Corp), Operating Agreement (Geoglobal Resources Inc.)
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the Contract, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7...
Appears in 4 contracts
Samples: Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)
Right of withdrawal. (Aa) Subject to the provisions of this Article 13 and the ContractClause 13, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article Clause 13.7.
Appears in 3 contracts
Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the ContractXII, any Party not in default may at its option withdraw from this Agreement and the Contract Lease Agreement by giving notice to all other Parties stating its decision to withdrawwithdrawal. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 3 contracts
Samples: Operating Agreement (Guskin Gold Corp.), Operating Agreement (Guskin Gold Corp.), Operating Agreement (Guskin Gold Corp.)
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the ContractXIII, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 3 contracts
Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the ContractLicence, at any time following the completion of the Minimum Work Obligations any Party not in default may at its option withdraw from this Agreement and the Contract Licence by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 2 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement
Right of withdrawal. (A) Subject to the provisions of this Article 13 and 12, any Party may withdraw from this Agreement, the Contract, any Party not and a Field in default may at its option withdraw from this Agreement and the Contract Area by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7Section 12.7.
Appears in 2 contracts
Samples: Joint Operating Agreement (Triton Energy LTD), Joint Operating Agreement (Triton Energy LTD)
Right of withdrawal. (A) 13.1.A Subject to the provisions of this Article 13 and the Contract, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 2 contracts
Samples: Joint Operating Agreement (CAMAC Energy Inc.), August (Duma Energy Corp)
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the ContractXIII, any Party not in default may at its option withdraw from this Agreement and the Contract Contact by giving notice to all other Parties stating its decision to withdrawwithdrawal. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 2 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)
Right of withdrawal. (A) Subject to the provisions of this Article 13 XIII (and the provision of the Petroleum Contract), any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 1 contract
Samples: Operating Agreement (Fx Energy Inc)
Right of withdrawal. (A) 13.1.A Subject to the provisions of this Article 13 and the ContractLicence, any Party not in default may at its option withdraw from this Agreement and the Contract Licence by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 1 contract
Right of withdrawal. (A) Subject to the provisions of this Article 13 13, the Dilution and Carried Interest Agreement and the Contract, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.7.
Appears in 1 contract
Right of withdrawal. (A) Subject to the provisions of this Article 13 and the Contract10, any Party not in default may at its option withdraw from this Agreement and the Contract by giving notice to all other Parties stating its decision to withdraw. Such notice shall be unconditional and irrevocable when given, except as may be provided in Article 13.710.7.
Appears in 1 contract