Common use of Optional Provision Clause in Contracts

Optional Provision. [ ] Notwithstanding Article 4.8, the Operating Committee shall have the right to require Operator to segregate from its own funds the monies which it receives from or for the Joint Account pursuant to this Agreement.

Optional Provision. [ ] Notwithstanding Article 4.8, the Operating Committee shall have the right to require Operator to segregate from its own funds the monies which Operator receives from the Parties in connection with operations on each Exploitation Area. [ ] ALTERNATIVE NO.2 Operator may not commingle with its own funds the monies which it receives from or for the Joint Account pursuant to this Agreement.