Common use of Termination of Agreement and Continuing Obligations in respect of Relinquished Area Clause in Contracts

Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment of all or a part, of the Contract Area is without prejudice to the obligations of the Contractor to Decommission.

Appears in 7 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment of all or a part, part of the Contract Area is without prejudice to the obligations of the Contractor Contractors to Decommission.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement Contract shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment of all or a part, part of the Contract Area is without prejudice to the obligations of the Contractor to Decommission. c) No relinquishment made in accordance with this Article 6 shall relieve the Contractor of the obligation to pay surface fees accrued, or making payments due and payable as a result of Hydrocarbons Operations conducted prior to the date of relinquishment.

Appears in 2 contracts

Samples: Exploration and Production Sharing Contract, Exploration and Production Sharing Contract

Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment Without prejudice to the generality of paragraph 2.5(a), relinquishment of all or a part, of the Contract Area is without prejudice to the obligations of the Contractor to Decommission.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

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Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment of all or a part, of the Contract Area is without prejudice to the obligations of the Contractor to Decommission.

Appears in 1 contract

Samples: Production Sharing Contract

Termination of Agreement and Continuing Obligations in respect of Relinquished Area. (a) This Agreement shall terminate in respect of a part of the Contract Area which is relinquished. (b) Relinquishment of all or a part, part of the Contract Area is without prejudice to the obligations of the Contractor to DecommissionDecommission that Contract Area.

Appears in 1 contract

Samples: Production Sharing Contract

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