Common use of SOLE RISK OPERATIONS Clause in Contracts

SOLE RISK OPERATIONS. Subject to the provisions of this Part, a Party ("Proposing Party") may give to the other Parties ("Receiving Parties") and the Operator a notice ("Sole Risk Notice") stating that Party's intention to carry out a Sole Risk Operation and stating the proposed location, purpose and estimated cost of the Sole Risk Operation.

SOLE RISK OPERATIONS. 24.1 Subject to the provisions of this Part, a Party party ("Proposing Party") may give to the other Parties parties ("Receiving Parties") and the Operator a notice ("Sole Risk Notice") stating that Partyparty's intention to carry out a Sole Risk Operation and stating the proposed location, purpose and estimated cost of the Sole Risk Operation.