Common use of Voluntary Relinquishments Clause in Contracts

Voluntary Relinquishments. 2.5.1 Subject to the Contractor's obligations established in Article 24 and the Hydrocarbons Law, the Contractor may at any time notify the Ministry with three (3) months' advance notice that it relinquishes all of its rights over all or any part of the Contract Area. 2.5.2 In no event will voluntary relinquishment of rights over all or any part of the Contract Area reduce the Contractor's obligations of Exploration established in Article 3.

Voluntary Relinquishments. 2.5.1 Subject to the Contractor's obligations established in under Article 24 and the Hydrocarbons Law, the Contractor may at any time notify the Ministry with upon three (3) months' advance months prior notice that it relinquishes all of its rights over all or any part of the Contract Area. 2.5.2 In no event will shall any voluntary relinquishment by the Contractor of rights over all or any part of the Contract Area reduce the Contractor's Exploration obligations of Exploration established the Contractor set forth in Article 3.

Voluntary Relinquishments. 2.5.1 Subject to the Contractor's ’s obligations established in Article under ‎Article 24 and the Hydrocarbons Law, the Contractor may at any time notify the Ministry with upon three (3) months' advance months prior notice that it relinquishes all of its rights over all or any part of the Contract Area. 2.5.2 In no event will shall any voluntary relinquishment by the Contractor of rights over all or any part of the Contract Area reduce the Contractor's Exploration obligations of Exploration established the Contractor set forth in Article ‎Article 3.

Voluntary Relinquishments. 2.5.1 Subject to the Contractor's ’s obligations established in under Article 24 ‎24 and the Hydrocarbons Law, the Contractor may at any time notify the Ministry with upon three (3) months' advance months prior notice that it relinquishes all of its rights over all or any part of the Contract Area. 2.5.2 In no event will shall any voluntary relinquishment by the Contractor of rights over all or any part of the Contract Area reduce the Contractor's Exploration obligations of Exploration established the Contractor set forth in Article 3‎3.