Common use of Partial Releases Clause in Contracts

Partial Releases. Lessee shall have the right at any time during this Lease to release from the lands covered hereby any lands subject to this Lease and thereby may be relieved of all obligations hereafter accruing as to the acreage so released, provided that (a) Lessee may not release any portion of this Lease included in a pooled unit so long as operations are being conducted on such unit, and (b) any such partial release must release all depths in and under the lands so released.

Partial Releases. Lessee shall have the right at any time during this Lease to release from the lands covered hereby any lands subject to this Lease and thereby may be relieved of all obligations hereafter accruing as to the acreage so released, provided that (a) Lessee may not release any portion of this Lease included in a pooled unit so long as operations are being conducted on such unit, and (b) any such partial release must release all depths in and under the lands so releasedreleased except as provided in Article II, Section 5(b) above.

Partial Releases. Lessee shall have the right at any time and from time to time during the term of this Lease to release from the lands covered hereby any lands subject to this Lease and thereby may be relieved of all obligations hereafter thereafter accruing as to the acreage so released, provided that (a) Lessee may not release any portion of this Lease included in a pooled unit so as long as operations are being conducted on such unit, and (b) any such partial release must release all depths in and under the lands so released.

Partial Releases. Lessee shall have the right at any time and from time to time during the term of this Lease to release from the lands covered hereby any lands subject to this Lease and thereby may be relieved of all obligations hereafter thereafter accruing as to the acreage so released, provided that (a1) Lessee may not release any portion of this Lease included in a pooled unit so as long as operations Operations are being conducted on such unit, and (b2) any such partial release must release all depths in and under the lands so released.

Partial Releases. Lessee shall have the right at any time during this Lease lease to release from the lands covered hereby any lands subject to this Lease lease and thereby may be relieved of all obligations hereafter accruing as to the acreage so released, provided that (a) Lessee may not release any portion of this Lease lease included in a pooled unit so long as operations are being conducted on such unit, and (b) any such partial release must release all depths in and under the lands so released.