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Common use of Formalization of relinquishment of areas Clause in Contracts

Formalization of relinquishment of areas. All relinquishments effected under this Contract will be formalized in notes of record signed by the Parties.

Appears in 2 contracts

Sources: Exploration and Exploitation Contract, Exploration and Exploitation Contract (Harken Energy Corp)

Related Clauses

  • COMPLETION OF AGREEMENT
  • Acceleration Termination of Facilities
  • Additional Remedy for Non-Compliance with Superannuation
  • Operation of Agreement
  • ALTERATION OF AGREEMENT

Parent Clauses

  • Definitions
  • Delivery Point
  • Exclusion of rights over other natural resources

Sub-Clauses

  • Programs of Exploration Work
  • Exploration Period
  • Voluntary termination of the Exploitation Period
  • Right to resign during Exploration
  • Extension of the Exploration Period
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