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 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.
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Samples: Joint Operating Agreement (Triton Energy LTD), Joint Operating Agreement (Triton 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 withdrawal and shall retain the right to (and responsibility for) its Participating Interest share of subsequent audit adjustment relating to periods prior to such effective datewithdrawal. 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.
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Samples: International Joint Operating Agreement (Transatlantic Petroleum Corp), International Joint Operating Agreement (Drucker Industries Inc)
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 and shall retain the right to (and responsibility for) its Participating Interest share of subsequent audit adjustment relating to periods prior to such effective datewithdrawal. 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.. Alliance Operating Agreement - 20F
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