Common use of Partial Release Clause in Contracts

Partial Release. (a) Each Chargee agrees that if Charged Property is Disposed of in accordance with clause 10 of the Joint Venture Agreement, it will release that property from the Charge by executing a Release Deed.

Appears in 4 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), Rio Tinto LTD, Rio Tinto LTD

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Partial Release. (a) Each The Chargee agrees that if Charged Property is Disposed of in accordance with clause 10 of the Joint Venture Agreement, it will release that property from the Charge by executing a Release Deed.

Appears in 2 contracts

Samples: Production Joint Venture Agreement (BHP Billiton PLC), BHP Billiton PLC

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