Common use of OBLIGATIONS IN CASE OF TERMINATION Clause in Contracts

OBLIGATIONS IN CASE OF TERMINATION. If the contract is terminated as per the provisions in Clause 24, during its Exploration Retention, or Exploitation Period, THE ASSOCIATE shall leave in production those xxxxx which on that date are producing and shall deliver the facilities, pipelines, transfer lines and other real estate property belonging to the Joint Account (located in the Contracted Area), all of which shall pass, free of charge, to ECOPETROL's ownership, together with the rights of way and assets acquired exclusively for the benefit of the contract, regardless of whether or not these assets are located outside the Contracted Area.

OBLIGATIONS IN CASE OF TERMINATION. If Upon termination of the contract is terminated as per the provisions in pursuant to Clause 24, during its Exploration Retentioneither in the Exploration, Retention or Exploitation Periodperiods, THE ASSOCIATE shall leave in production those any xxxxx which on that date are then producing and shall deliver restitute the facilities, pipelines, transfer lines pipelines and other real estate property belonging to of the Joint Account (located in the Contracted Contract Area), all of which which, shall pass, pass free of charge, charge to ECOPETROL's ownership, together ECOPETROL with the any rights of way ways and assets acquired exclusively for obtained to the exclusive benefit of the contract, regardless of whether even though the former or not these assets are the latter be located outside of the Contracted Contract Area.

OBLIGATIONS IN CASE OF TERMINATION. If the contract is terminated as per the provisions in Clause 24, during its Exploration Exploration, Retention, or Exploitation Period, THE ASSOCIATE shall leave in production those xxxxx wxxxx which on that date are producing and shall deliver the facilities, pipelines, transfer lines and other real estate property belonging to the Joint Account (located in the Contracted Area), all of which shall pass, free of charge, to ECOPETROL's ’s ownership, together with the rights of way and assets acquired exclusively for the benefit of the contract, regardless of whether or not these assets are located outside the Contracted Area.

OBLIGATIONS IN CASE OF TERMINATION. If the contract is terminated as per the provisions in Clause 24, during its Exploration Exploration, Retention, or Exploitation Period, THE ASSOCIATE shall leave in production those xxxxx which on that date are producing and shall deliver the facilities, pipelines, transfer lines and other real estate property belonging to the Joint Account (located in the Contracted Area), all of which shall pass, free of charge, to ECOPETROL's ’s ownership, together with the rights of way and assets acquired exclusively for the benefit of the contract, regardless of whether or not these assets are located outside the Contracted Area.