Common use of Deemed Non-Consent Clause in Contracts

Deemed Non-Consent. The non-defaulting party may deliver a written Notice of Non-Consent Election to the defaulting party at any time after the expiration of the thirty (30) day cure period following delivery of the Notice of Default, in which event

Deemed Non-Consent. The non-defaulting party Party may deliver a written Notice of Non-Consent Election to the defaulting party Party at any time after the expiration of the thirty (30) day cure period following delivery of the Notice of Default, in which eventevent if the billing is for the drilling of a new well or the Plugging Back, Sidetracking, Reworking or Deepening of a well which is to be or has been plugged as a dry hole, or for the Completion or Recompletion of any well, the defaulting Party will be conclusively deemed to have elected not to participate in the operation and to be a Non-Consenting