Common use of Survives Termination Clause in Contracts

Survives Termination. This Article shall survive the termination of the Agreement until Farmee has fully and properly abandoned all well sites, surface and subsurface facilities on the Farmout Lands or used in connection with production from the Farmout Lands in accordance with the regulations and has fully restored the surface for such well sites, surface and subsurface facilities in accordance with the regulations.”

Appears in 4 contracts

Samples: Farmout and Option Agreement (Quest Oil Corp), Farmout Agreement (Cascade Energy, Inc.), Farmout Agreement (Cascade Energy, Inc.)

AutoNDA by SimpleDocs

Survives Termination. This Article shall survive the termination of the Agreement until Farmee has fully and properly abandoned all well sites, surface and subsurface facilities on the Farmout Lands or used in connection with production from the Farmout Lands in accordance with the regulations and has fully restored the surface for such well sites, surface and subsurface facilities in accordance with the regulations.” Exhibit 10.3

Appears in 1 contract

Samples: Participation Agreement (Quest Oil Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!