Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibility.
Appears in 13 contracts
Samples: Joint Operating Agreement (Discovery Energy Corp.), Farmout Agreement (Hyperdynamics Corp), Joint Operating Agreement
Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement of Hydrocarbons produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibility.
Appears in 9 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement
Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement of Hydrocarbons produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has continues to have financial responsibility.
Appears in 2 contracts
Samples: International Joint Operating Agreement (Transatlantic Petroleum Corp), Joint Operating Agreement (Drucker Industries Inc)
Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Unit Operating Committee, other than except that it shall be entitled to vote prior to the effective date of its withdrawal upon matters for which such Party has financial responsibility.
Appears in 2 contracts
Samples: Unitization and Unit Operating Agreement, Unitization and Unit Operating Agreement (Kosmos Energy Ltd.)
Rights of a Withdrawing Party. A withdrawing Party shall have the ---------------------------------- right to receive its Entitlement of Hydrocarbons produced through the effective date of its withdrawalwithdrawal and shall retain the right to (and responsibility for) its Participating Interest share of subsequent audit adjustment relating to periods prior to such effective date. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibility.
Appears in 2 contracts
Samples: Assignment of State Participating Interest (Triton Energy LTD), Assignment of State Participating Interest (Triton Energy LTD)
Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party it is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawalwithdrawal is delivered, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibilityreferred to in Article 13.4.
Appears in 1 contract
Rights of a Withdrawing Party. A withdrawing Party shall have the right to receive its Entitlement produced through to the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibility.
Appears in 1 contract
Samples: Joint Operating Agreement
Rights of a Withdrawing Party. A Subject to Article 13.8 and any other provision of this Agreement, a withdrawing Party shall have the right to receive its Entitlement produced through the effective date of its withdrawal. The withdrawing Party shall be entitled to receive all information to which such Party is otherwise entitled under this Agreement until the effective date of its withdrawal. After giving its notification of withdrawal, a Party shall not be entitled to vote on any matters coming before the Operating Committee, other than matters for which such Party has financial responsibility.
Appears in 1 contract
Samples: International Operating Agreement (Geoglobal Resources Inc.)