Common use of Disposal and Abandonment Clause in Contracts

Disposal and Abandonment. 5.9.1 Operator shall, subject to the Accounting Procedure, dispose of any item of Joint Property which Operator determines is no longer needed or suitable for Joint Operations provided that any such disposal shall be with the prior written approval of the Operating Committee and subject to such terms and conditions as would be arrived at pursuant to arms length negotiations.

Disposal and Abandonment. 5.9.1 6.10.1 If the Operator shall, subject to the Accounting Procedure, dispose of shall consider that any item of Joint Property which Operator determines is no longer needed or suitable for the Joint Operations provided that any such disposal the Operator shall, subject to the provisions of the Accounting Procedure, dispose of the same. The Operator shall be with the prior written approval of notify the Operating Committee and subject to of such terms and conditions disposal as would be arrived at pursuant to arms length negotiationssoon as practicable thereafter.

Disposal and Abandonment. 5.9.1 5.10.1 If the Operator shall, subject to the Accounting Procedure, dispose of shall consider that any item of the Joint Property which Operator determines is no longer needed or suitable for the Joint Operations provided that any such disposal shall be with the prior written approval Operator shall, subject to the provisions of the Operating Committee and subject to such terms and conditions as would be arrived at pursuant to arms length negotiationsAccounting Procedure, dispose of the same.