Common use of JOINT VENTURERS TO REMAIN LIABLE Clause in Contracts

JOINT VENTURERS TO REMAIN LIABLE. Notwithstanding anything contained in or anything done under or pursuant to Section 25.04 but subject as provided in Section 25.06 the Joint Venturers and each of them will at all times during the currency of this Agreement be and remain liable for the due and punctual performance and observance of all the covenants and agreements on their part contained herein and in any lease licence easement grant or other title the subject of an assignment mortgage charge subletting or other disposition or appointment under Section 26.04 but the Minister may however agree to release the Joint Venturers or any of them from any such liability where he considers such release will not be contrary to the interests of the State.

Appears in 5 contracts

Samples: Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972, Iron Ore Agreement, Iron Ore (Rhodes Ridge) Agreement

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JOINT VENTURERS TO REMAIN LIABLE. Notwithstanding anything contained in or anything done under or pursuant to Section 25.04 but subject as provided in Section 25.06 the Joint Venturers and each of them will at all times during the currency of this Agreement be and remain liable for the due and punctual performance and observance of all the covenants and agreements on their part contained herein and in any lease licence easement grant or other title the subject of an assignment mortgage charge subletting sub-letting or other disposition or appointment under Section 26.04 but the Minister may however agree to release the Joint Venturers or any of them from any such liability where he considers such release will not be contrary to the interests of the State.

Appears in 1 contract

Samples: Mining Agreement

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