Common use of Relinquishments Generally Clause in Contracts

Relinquishments Generally. 2.6.1 No relinquishment made in accordance with Articles 2.4 or 2.5 shall relieve the Contractor from its obligation to pay surface rentals accrued or make payments due and payable as a result of Petroleum Operations conducted up to the date of relinquishment.

Appears in 4 contracts

Samples: www.resourcecontracts.org, s3.amazonaws.com, www.resourcecontracts.org

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Relinquishments Generally. 2.6.1 2.7.1 No relinquishment made in accordance with Articles 2.4 ‎2.4 or 2.5 ‎2.5 shall relieve the Contractor from its obligation to pay surface rentals accrued or make payments due and payable as a result of Petroleum Operations conducted up to the date of relinquishment.

Appears in 3 contracts

Samples: Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.)

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