Common use of Less than All Parties Proceed Clause in Contracts

Less than All Parties Proceed. In the event that following the Danish Energy Agency approving the development plan in which all the Parties are participating, any of the Parties elects not to proceed with the development under Section 6.4.2 the other Parties shall be entitled to proceed with the development in accordance with the approved development plan (as amended) and if they do so proceed shall be obligated to carry out the development.

Appears in 2 contracts

Samples: Model Joint Operating Agreement, ens.dk

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Less than All Parties Proceed. In the event that following the Danish Energy Agency approving the development plan in which all the Parties are participating, any of the Parties elects not to proceed with the development devel- opment under Section 6.4.2 5.4.2 the other Parties shall be entitled to proceed with the development develop- ment in accordance with the approved development plan (as amended) and if they do so proceed pro- ceed shall be obligated to carry out the development.

Appears in 2 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement

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Less than All Parties Proceed. In the event that following the Danish Energy Agency approving the development plan in which all the Parties are participatingparticipa­ting, any of the Parties elects not to proceed with the development under Section 6.4.2 5.4.2 the other Parties shall be entitled to proceed with the development in accordance with the approved development plan (as amended) and if they do so proceed shall be obligated to carry out the development.

Appears in 1 contract

Samples: Joint Operating Agreement

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