Indemnification for Non-Consent Operations Sample Clauses
The Indemnification for Non-Consent Operations clause establishes that a party who chooses not to participate in a particular operation or project must compensate or protect the participating parties from any losses, liabilities, or costs arising from that operation. In practice, this means that if one party opts out of a joint venture activity, they are still responsible for covering their share of any damages or claims that result from the operation, even though they did not directly participate. This clause ensures that the financial and legal risks associated with non-consent operations are fairly allocated, preventing non-participating parties from avoiding responsibility for consequences that affect the group as a whole.
Indemnification for Non-Consent Operations. TO THE EXTENT ALLOWED BY LAW, THE PARTICIPATING PARTIES WILL HOLD THE NON-PARTICIPATING PARTIES (AND THEIR AFFILIATES, AGENTS, INSURERS, DIRECTORS, OFFICERS, AND EMPLOYEES) HARMLESS AND RELEASE, DEFEND, AND INDEMNITY THEM AGAINST ALL CLAIMS, DEMANDS, LIABILITIES, REGULATORY DECREES, AND LIENS FOR ENVIRONMENTAL POLLUTION AND PROPERTY DAMAGE OR PERSONAL INJURY, INCLUDING SICKNESS AND DEATH, CAUSED BY OR OTHERWISE ARISING OUT OF NON-CONSENT OPERATIONS, AND ANY LOSS AND COST SUFFERED BY A NON-PARTICIPATING PARTY AS AN INCIDENT THEREOF, EXCEPT WHERE THAT LOSS OR COST RESULTS FROM THE SOLE, CONCURRENT, OR JOINT NEGLIGENCE, FAULT OR STRICT LIABILITY OF THAT NON-PARTICIPATING PARTY, IN WHICH CASE EACH PARTY SHALL PAY OR CONTRIBUTE TO THE SETTLEMENT OR SATISFACTION OF JUDGMENT IN THE PROPORTION THAT ITS NEGLIGENCE, FAULT OR STRICT LIABILITY CAUSED OR CONTRIBUTED TO THE INCIDENT. IF AN INDEMNITY IN THIS AGREEMENT IS DETERMINED TO VIOLATE LAW OR PUBLIC POLICY, THAT INDEMNITY SHALL THEN BE ENFORCEABLE ONLY TO THE MAXIMUM EXTENT ALLOWED BY LAW.
Indemnification for Non-Consent Operations. 55 19.7 Damage to Reservoir, Loss of Reserves and Profit .................................................55 19.8 Non-Essential Personnel ..........................................................................55 19.9
Indemnification for Non-Consent Operations. 59 19.7 DAMAGE TO RESERVOIR, Loss OF RESERVES AND PROFIT .............................................60 19.8
Indemnification for Non-Consent Operations. Damage to Reservoir, Loss of Reserves and Profits . . . . . . . . . 22.8
Indemnification for Non-Consent Operations. To the extent allowed by law, the Participating Parties will hold the Non-participating Parties (and their Affiliates, agents, insurers, directors, officers, and employees) harmless and release, defend, and indemnity them against all claims, demands, liabilities, regulatory decrees, and liens for environmental pollution and property damage or personal injury, including sickness and death, caused by or otherwise arising out of Non-consent Operations, and any loss and cost suffered by a Non-participating Party as an incident thereof except where that loss or cost results from the sole, concurrent or joint negligence, fault or strict liability of that Non-participating Party, in which case each Party shall pay or contribute to the settlement or satisfaction of judgment in the proportion that its negligence, fault or strict liability caused or contributed to the incident. If an indemnity in this Agreement is determined to violate law or public policy, that indemnity shall then be enforceable only to the maximum extent allowed by law.