Common use of SURRENDER OR ABANDONMENT Clause in Contracts

SURRENDER OR ABANDONMENT. 9.1 Unless otherwise provided for in this Agreement, the Parties shall not surrender or abandon any of the Property unless all Parties consent to the same in writing; provided, however, that such consent shall not unreasonably be withheld.

Appears in 2 contracts

Samples: Operating Agreement (McMoran Exploration Co /De/), Operating Agreement (Freeport McMoran Sulphur Inc)

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SURRENDER OR ABANDONMENT. 9.1 Unless otherwise provided for in this Agreement, the The Parties shall not surrender or abandon any of the Property unless all Parties consent to the same in writing; provided, however, that such consent shall not unreasonably be withheld.

Appears in 2 contracts

Samples: Joint Operating Agreement (Freeport McMoran Sulphur Inc), Joint Operating Agreement (McMoran Exploration Co /De/)

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