Common use of Inter-Relationship with Original JOA Clause in Contracts

Inter-Relationship with Original JOA. Effective as of the A&R Effective Date, this Agreement amends and restates the Original JOA in its entirety, it being understood and agreed that all liabilities and obligations under the Original JOA existing or arising with respect to occurrences prior to the A&R Effective Date will survive and continue to exist, and neither of the Parties is waiving any of its rights or remedies in respect thereof; provided however that obligations defined with reference to Sanction in the Original JOA will be deemed to exist or arise only as provided in this Agreement.