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Common use of Inherent Risk Clause in Contracts

Inherent Risk. Each Party hereby acknowledges its understanding and acceptance of the inherent risks associated with the exploration for oil and gas.

Appears in 5 contracts

Sources: Working Interest Participation Agreement (T-Rex Oil, Inc.), Cook Inlet Participation Agreement (Eos Petro, Inc.), Cook Inlet Participation Agreement (Eos Petro, Inc.)

Related Clauses

  • Market Risk
  • Economic Risk
  • Investment Risk
  • Risks
  • ECONOMIC RISK; SOPHISTICATION

Parent Clauses

  • ENTERTAINMENT/PERFORMANCE SERVICES AND COMPENSATION
  • Warranties Indemnification and Liability
  • Liability for Loss or Damage
  • Exclusions from Liability for Damage to Goods
  • Agreements Regarding Other Matters
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