Common use of Right and Obligation to Take in Kind Clause in Contracts

Right and Obligation to Take in Kind. Except as otherwise provided in this Article 9 or in Article 8, each Party shall have the right and obligation to own, take in kind and separately dispose of its Entitlement.

Appears in 13 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement (Discovery Energy Corp.), Joint Operating Agreement

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Right and Obligation to Take in Kind. Except as otherwise provided in Article 10 or this Article 9 or in Article 811, each Party shall have the right and obligation to own, take in kind and separately dispose of its Entitlement.

Appears in 2 contracts

Samples: Unitization and Unit Operating Agreement, Unitization and Unit Operating Agreement (Kosmos Energy Ltd.)

Right and Obligation to Take in Kind. Except Subject always to the provisions of the Dilution and Carried Interest Agreement and Section VI of the Contract, and except as otherwise provided in this Article 9 or in Article 8, each Party shall have the right and obligation to own, take in kind and separately dispose of its Entitlement.

Appears in 1 contract

Samples: Operating Agreement (Fortune Oil & Gas Inc)

Right and Obligation to Take in Kind. Except as otherwise provided in this Article 9 8, otherwise determined by the Operating Committee or in Article 8as otherwise agreed by the Parties, each Party shall have the right and obligation to own, take in kind and separately dispose of its Entitlement.

Appears in 1 contract

Samples: Operating Agreement (Refinery Science Corp)

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Right and Obligation to Take in Kind. (a) Except as otherwise provided in this Article 9 clause 14 or in Article 8clause 13, each Party shall have the right and obligation to own, take in kind and separately dispose of its Entitlement.

Appears in 1 contract

Samples: Joint Operating Agreement (Tamboran Resources Corp)

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