Relinquishment. Should the Charter Holder choose to relinquish its Charter before the expiration of this Certificate, it may do so upon written notice to the Authorizer. In such a case, the Authorizer’s closure protocol shall begin immediately following written notification.
Relinquishment. 4.1 If at the end of the first Exploration Phase, the Contractor elects, pursuant to Article 3.5, to continue Exploration Operations in the Contract Area in the second Exploration Phase, the Contractor shall retain upto seventy five percent (75%) of the original Contract Area including any Development Area and Discovery Area in not more than three (3) areas of simple geometrical shapes and relinquish the balance of the Contract Area prior to the commencement of the second Exploration Phase. Notwithstanding the provision of this Article 4.1, in the event the Development Areas and Discovery Areas exceed seventy five percent (75%) of the original Contract Area, the Contractor shall be entitled to retain to the extent of Development Areas and Discovery Areas.
4.2 If at the end of the second Exploration Phase, the Contractor elects, pursuant to Article 3.5, to continue Exploration Operations in the Contract Area in the third Exploration Phase, the Contractor shall retain upto fifty percent (50%) of the original Contract Area, including any Development Area and Discovery Area in not more than three (3) areas of simple geometrical shapes and relinquish the balance of the Contract Area prior to the commencement of the third Exploration Phase. Notwithstanding the provision of this Article 4.2, in the event the Development Areas and Discovery Areas exceed fifty percent (50%) of the original Contract Area, the Contractor shall be entitled to retain to the extent of Development Areas and Discovery Areas.
4.3 At the end of the third Exploration Phase, the Contractor shall retain only Development Areas and Discovery Areas.
4.4 If the Contractor exercises the option provided for in paragraph (b) of Article 3.5, the Contractor shall, after any Discovery Areas or Development Areas have been designated, relinquish all of the Contract Area not included within the said Discovery Areas or Development Areas.
4.5 As and when the Contract is terminated under the provisions of Article 3 or in accordance with any other provisions of this Contract, the entire Contract Area remaining with the Contractor shall be deemed to have been relinquished by the Contractor as on the date on which the Contract is terminated.
Relinquishment. 4.1 At the end of the Initial Exploration Period, the Contractor shall have option to relinquish Contract Area after completion of Minimum Work Programme or proceed to the Subsequent Exploration Period and retain the Contract Area by committing to carry out drilling of one well per year in Contract Area (in case of onland and shallow water blocks)/one well in 3 years in contract Area (in case of deepwater blocks). The Contract Area (excluding Discovery and Development area) shall be relinquished at the end of 7 or 8 consecutive years, as the case may be, of Exploration Period.
4.2 At the end of the Exploration Period, the Contractor shall retain only Development Areas and Discovery Areas.
4.3 If the Contractor exercises the option provided for in paragraph (b) of Article 3.4, the Contractor shall, after any Discovery Areas or Development Areas have been designated, relinquish all of the Contract Area not included within the said Discovery Areas or Development Areas.
4.4 As and when the Contract is terminated under the provisions of Article 3 or in accordance with any other provisions of this Contract, the entire Contract Area remaining with the Contractor shall be deemed to have been relinquished by the Contractor as on the date on which the Contract is terminated.
4.5 Relinquishment of all or part of the Contract Area or termination of the Contract shall not be construed as absolving the Contractor of any liability undertaken or incurred by the Contractor in respect of the Contract Area during the period between the Effective Date and the date of such relinquishment or termination.
4.6 Subject to Article 14.9, the liability of the Contractor shall be limited to any liability undertaken or incurred in respect of, relating to or connected with the Contract, and/or any claim arising out of or in relation to the act of negligence, misconduct, commission or omission in carrying out Petroleum Operations during the period between the Effective Date and the date of relinquishment of the Contract Area or termination or expiry of the Contract, as the case may be.
Relinquishment. If the Lessee submits an application for relinquishment of a portion of the leased area within the first 45 calendar days following the date that the lease is received by the Lessee for execution, and the Lessor approves that application, no rent payment will be due on that relinquished portion of the leased area. Later relinquishments of any leased area will reduce the Lessee’s rent payments due the year following the Lessor’s approval of the relinquishment, through a reduction in the Acres in Leased Area and the corresponding Rental Fee for the Entire Leased Area and any related Adjusted Annual Rent Payments.
Relinquishment. 4.1 On thecompletion ofMinimum Work Programme for Exploration Period (Phase-I) as provided in Article 5.2, the Contractor shall have the option exercisable by giving a written notice to the Government at least thirty (30) days prior to the expiry of Phase-I, either:
(i) to relinquish the entire Contract Area and the Contract shall stand terminated; or
(ii) to proceed to the Exploration Period (Phase-II) while retaining the entire Contract Area by committing to complete the Work Programme for Exploration Period (Phase-II) as provided in Articles 5.3 and 5.4; or
(iii) to retain Discovery Areas and Development Areas (as the case may be) and relinquish other parts of the Contract Area.
4.2 On thecompletion ofMinimum Work Programme for Exploration Period (Phase-II) as provided in Articles 5.3 and 5.4, the Contractor shall have the option exercisable by giving a written notice to the Government at least thirty (30) days prior to the expiry of Phase-II, either:
(i) to relinquish the entire Contract Area and the Contract shall stand terminated; or
(ii) to retain Discovery Areas and Development Areas (as the case may be) and relinquish other parts of the Contract Area.
4.3 On expiry or termination of this Contract or relinquishment of part of the Contract Area, the Contractor shall: (a) subject to Article 26, remove all equipment and installations from the relinquishment area or former Contract Area in a manner agreed with the Government pursuant to an abandonment plan; and (b) perform all necessary Site Restoration activities in accordance with Modern Oil Field and Petroleum Industry Practices and take all other actions necessary to prevent hazards to human life or to the property of others or the environment.
4.4 As and when the Contract is terminated under the provisions of Article 29 or in accordance with any other provisions of this Contract, the entire Contract Area remaining with the Contractor shall be deemed to have been relinquished by the Contractor as on the date on which the Contract is terminated.
4.5 Relinquishment of all or part of the Contract Area or termination of the Contract shall not be construed as absolving the Contractor of any liability undertaken or incurred by the Contractor in respect of the Contract Area during the period between the Effective Date and the date of such relinquishment or termination.
4.6 Subject to Article 4.3 and Article 23.2, the liability of the Contract or shall be limited to any liability undertaken or incurred by ...
Relinquishment. 9.1. If prior to the end of the First Phase of the Exploration Period an application is made by the Contractor for renewal of the Petroleum Exploration Licence under the Act, the Contractor shall then relinquish at the end of the First Phase an area equal to at least fifty percent (50%) of the Contract Area prior to entering the Second Phase.
9.2. If the Contractor wishes to renew the Petroleum Exploration Licence and enter the Third Phase of the Exploration Period, it must relinquish an area equal to at least fifty per cent (50%) of the contract area remaining at the end of the Second Phase of Exploration Period.
9.3. If the Contractor wishes to renew the Petroleum Exploration Licence and enter into the Fourth Phase of the Exploration Period, it must relinquish an area equal to at least fifty per cent (50%) of the contract area remaining at the end of the Third Phase of Exploration Period.
9.4. The areas to be relinquished pursuant to Article 9.1 through 9.3 shall:
(a) comprise of contiguous Blocks;
(b) exclude any Discovery Area under an approved Appraisal Programme pursuant to Article 14;
(c) exclude any Retention Area;
(d) exclude any Development and Production Area;
(e) exclude any areas then pending approval by the Minister under Articles 8.2, 14.1 and 16.1;
(f) be selected by the Contractor so that:
i. the area relinquished shall comprise not more than two (2) discrete areas;
ii. the Blocks to be retained for and during the renewal periods shall constitute not more than one (1) discrete area unless otherwise agreed to by the Minister.
9.5. The application submitted by the Contractor pursuant to Article 9.2, shall include a map and a description indicating the precise extent of the area and Petroleum Reservoir(s) to be relinquished and the area and Petroleum Reservoir(s) to be retained and their geographical coordinates.
9.6. In the event that an area or areas cannot be identified for relinquishment in accordance with this Article without including in such area or areas in whole or in part a subsisting Discovery Area, area under an Appraisal Programme, or Development and Production Area, or the Minister is of the opinion that the area(s) to be relinquished will not enable licensing separately or jointly with contiguous unlicensed areas, then the Minister and the Contractor shall consult together with a view to agreeing on the area(s) to be relinquished in the light of the circumstances then prevailing and the Contractor’s obligation to comply with th...
Relinquishment. 7.1 The Partnership shall relinquish part or parts of the Mining Usufruct Area as follows:
7.1.1 At the end of the Exploration Period the Partnership shall relinquish all of the lands within the Mining Usufruct Area which are not within the boundaries of any Mining Areas that have been designated for Exploitation in connection with the issuance of an Exploitation Concession or duly applied by the Partnership for such designation.
7.1.2 The Partnership may relinquish all or part of the Mining Usufruct Area at the end of the First 3-Year Exploration Period or at any time during the Second 3-Year Exploration Period subject to fulfillment of any accrued obligations.
7.2 The areas to be relinquished under this Article shall be determined by the Partnership, provided that areas to be relinquished shall be of sufficient size and convenient shape to enable activities to be carried out thereon by others. The Partnership shall give notice in writing to the Minister of said area(s) no later than thirty (30) days prior to the end of the relevant period, including a map showing said area(s) with the geographic location and the coordinates of the connecting points of the boundary lines. The Minister shall advise the Partnership within fifteen (15) days of such notice whether it agrees with the area(s) selected for relinquishment in accordance with the aforementioned criteria relating to size and shape.
Relinquishment. A Guardian Angel Adoptions, LLC agrees to obtain the relinquishment of the parental rights of the birth parents of the child both in Utah and outside of the state unless precluded by state law. In certain out-of-state placements, A Guardian Angel Adoptions, LLC will contract with a fully licensed agency, social worker or attorney in these states to provide relinquishment services. Adoptive family understands the relinquishment will take place at the discretion of the birth mother and not A Guardian Angel Adoptions, LLC. A putative father in Utah may provide a relinquishment at any time prior to the birth mother’s relinquishment. A birth mother located in Utah may not relinquish prior to 24 hours following delivery of the child. It shall not be considered a breach of this agreement if A Guardian Angel Adoptions, LLC is unable to obtain a relinquishment from a birth parent or unable to locate a birth father for the purpose of obtaining a relinquishment.
Relinquishment. Should the School choose to relinquish its Charter before the expiration of the Certificate, it may do so upon written notice to the Authorizer. In such a case, the Authorizer’s closure protocol shall begin immediately following written notification.
Relinquishment. Lessee may relinquish all or portions of this Lease at any time by filing a written notice of relinquishment with Lessor. Lessor may disapprove any relinquishment if Lessee has failed to pay all rentals, royalties, and other amounts due and owing to the Lessor, if the lease is otherwise not in good standing, or if relinquishment would in Lessor’s reasonable determination cause waste of economically recoverable coal. Lessee may not relinquish parcels smaller than a quarter-quarter section or surveyed lot. Upon approval, relinquishment shall relieve the Lessee of all future rental obligations as to the relinquished lands effective as of the date of filing of the relinquishment, but shall not relieve Lessee from other obligations to the extent provided in paragraph 15.2, Effect of Termination.
