Common use of Exploitation of Foreground Clause in Contracts

Exploitation of Foreground. Subject to Section 8.5 and 8.6, each Party shall have the right to exploit such Foreground solely owned by it, and each owner of joint Foreground shall be entitled to use the jointly owned Foreground, unless otherwise agreed in a joint ownership agreement to be concluded between the joint owners before any exploitation of Foreground takes place:

Appears in 4 contracts

Samples: Intra Consortium Agreement, Consortium Agreement, Intra Consortium Agreement for PPP Projects

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