Common use of EFFECT OF DETERMINATION Upon Clause in Contracts

EFFECT OF DETERMINATION Upon. the cessation or determination of this Agreement — (a) the rights of the Joint Venturers and those of any assignee or mortgagee of the Joint Venturers under this Agreement or under the mineral lease or any other lease, licence, easement or right granted hereunder or pursuant hereto and all the right title and interest of the Joint Venturers and of any such assignee or mortgagee in and to any land wherever situated granted to the Joint Venturers or to such assignee for any other of the purposes of this Agreement will except as otherwise agreed by the Minister thereupon cease and determine, but without prejudice to the liability of either of the parties in respect of any antecedent breach or default under this Agreement or in respect of any indemnity given hereunder and the Joint Venturers will without further consideration at the request and cost of the State transfer or surrender to the State or the Crown all land the subject of any Crown Grant issued under the Land Act pursuant to this Agreement; (b) the Joint Venturers will forthwith pay to the State all monies that may then have been payable or accrued due hereunder; and (c) the Joint Venturers will forthwith furnish to the State complete factual statements of the work research surveys and reconnaissance carried out under Xxxxxx XX if and in so far as the statements may not have been furnished; and (d) except as provided in Section 26.06 or otherwise provided in this Agreement neither of the parties will have any claim against the other of them in respect to any matter or thing contained in or arising out of this Agreement.

EFFECT OF DETERMINATION Upon. the cessation or determination of this Agreement — (a) the rights of the Joint Venturers and those of any assignee or mortgagee of the Joint Venturers under this Agreement or under the mineral lease or any other lease, licence, easement or right granted hereunder or pursuant hereto and all the right title and interest of the Joint Venturers and of any such assignee or mortgagee in and to any land wherever situated granted to the Joint Venturers or to such assignee for any other of the purposes of this Agreement will except as otherwise agreed by the Minister thereupon cease and determine, but without prejudice to the liability of either of the parties in respect of any antecedent breach or default under this Agreement or in respect of any indemnity given hereunder and the Joint Venturers will without further consideration at the request and cost of the State transfer or surrender to the State or the Crown all land the subject of any Crown Grant issued under the Land Act pursuant to this Agreement; (b) the Joint Venturers will forthwith pay to the State all monies that may then have been payable or accrued due hereunder; and (c) the Joint Venturers will forthwith furnish to the State complete factual statements of the work research surveys and reconnaissance carried out under Xxxxxx XX Clause IV if and in so far as the statements may not have been furnished; and (d) except as provided in Section 26.06 or otherwise provided in this Agreement neither of the parties will have any claim against the other of them in respect to any matter or thing contained in or arising out of this Agreement.

EFFECT OF DETERMINATION Upon. the cessation or determination of this Agreement — (a) the rights of the Joint Venturers and those of any assignee or mortgagee of the Joint Venturers under this Agreement or under the mineral lease or any other lease, licence, easement or right granted hereunder or pursuant hereto and all the right title and interest of the Joint Venturers and of any such assignee or mortgagee in and to any land wherever situated granted to the Joint Venturers or to such assignee for any other of the purposes of this Agreement will except as otherwise agreed by the Minister thereupon cease and determine, but without prejudice to the liability of either of the parties in respect of any antecedent breach or default under this Agreement or in respect of any indemnity given hereunder and the Joint Venturers will without further consideration at the request and cost of the State transfer or surrender to the State or the Crown all land the subject of any Crown Grant issued under the Land Act pursuant to this Agreement; ; page 56 Compare 07 Nov 2003 [01-a0-04] / 28 Jun 2010 [01-b0-01] (b) the Joint Venturers will forthwith pay to the State all monies that may then have been payable or accrued due hereunder; and (c) the Joint Venturers will forthwith furnish to the State complete factual statements of the work research surveys and reconnaissance carried out under Xxxxxx XX if and in so far as the statements may not have been furnished; and (d) except as provided in Section 26.06 or otherwise provided in this Agreement neither of the parties will have any claim against the other of them in respect to any matter or thing contained in or arising out of this Agreement.