Additional Consequences. In addition to such conditions which may be specified pursuant to Clause 13.1 in respect of a withdrawing Party or Clause 13.2 in respect of an expelled Party, the following provisions shall apply to a withdrawing or expelled Party: (a) it shall no longer be a party to this Agreement, save that such withdrawal or expulsion shall not relieve the withdrawing or expelled Party of the obligations imposed upon it under the following provisions, which shall continue to be fully binding and enforceable against it: (i) Clause 6 (accounts and records); (ii) Clause 7.1 and Clause 7.2 (ownership and access to equipment); (iii) Clause 12 (liability & insurance);
Appears in 4 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
Additional Consequences. In addition to such conditions which may be specified pursuant to Clause 13.1 in respect of a withdrawing Party or Clause 13.2 in respect of an expelled Party, the following provisions shall apply to a withdrawing or expelled Party:
(a) it shall no longer be a party to this Agreement, save that such withdrawal or expulsion shall not relieve the withdrawing or expelled Party of the obligations imposed upon it under the following provisions, which shall continue to be fully binding and enforceable against it:
(i) Clause 6 (accounts and records);
(ii) Clause 7.1 and Clause 7.2 (ownership and access to equipment);
(iii) Clause 12 (liability & insurance);
(iv) Clause 13.6 (obligation on industry parties to make cash contributions);
(v) Clause 14 (effects of termination); and
(vi) Clauses 16 (general);
Appears in 1 contract
Samples: Consortium Agreement