Common use of No Grant of Property Rights Clause in Contracts

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies any property rights for the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract Area, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Contractor any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this the Contract to exploit or use such resources. In the event case that while conducting the Petroleum Activities the Contractor shall discover discovers any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify the CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Signing Company any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this the Contract to exploit or use such resources. In the event case that while conducting the Petroleum Activities the Contractor shall discover discovers any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify the CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Company any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the NationMexican State. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any such concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Contractor any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in under no event circumstances shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event case that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Contractor any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the NationMexican State. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Contractor any property rights for the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Company any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this the Contract to exploit or use such resources. In the event case that while conducting the Petroleum Activities the Contractor shall discover discovers any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Company any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this the Contract to exploit or use such resources. In the event case that while conducting the Petroleum Activities the Contractor shall discover discovers any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify the CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies Company any property rights for regarding the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in under no event circumstances shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event case that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the within fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.

No Grant of Property Rights. This Contract does not confer upon the any Participating Companies any property rights for the Hydrocarbons in the Subsoil, which are and at all times shall remain the property of the Nation. Furthermore, in no event shall any mineral resources other than Hydrocarbons existing in the Contract Area (whether or not discovered by the Contractor) be the property of the Contractor, and the Contractor shall have no right under this Contract to exploit or use such resources. In the event that while conducting Petroleum Activities the Contractor shall discover any mineral resources other than Hydrocarbons in the Contract Area, the Contractor shall notify CNH during the fifteen (15) Days following such discovery. Nothing in this Contract shall limit the Nation’s right to grant to a third party any type of concession, license, agreement or other legal instrument for the exploitation of mineral resources other than Hydrocarbons in accordance with the Applicable Laws. The Contractor shall provide access to the Contract Area to any Person that receives any concession, license or agreement to exploit or use mineral resources other than Hydrocarbons in the Contract AreaHydrocarbons, on the terms provided by the Applicable Laws.