Release from Dedication Sample Clauses
The 'Release from Dedication' clause allows a party to formally remove or withdraw a property, asset, or resource from a previously established dedication, such as land set aside for public use or a specific project. In practice, this clause outlines the conditions and procedures under which the release can occur, such as obtaining necessary approvals or meeting certain criteria. Its core function is to provide a clear legal mechanism for reversing a prior commitment, thereby offering flexibility and addressing situations where the original purpose of the dedication is no longer viable or needed.
Release from Dedication. The following Interests in the following acreage and/or well(s) (“Released Interests”) are hereby released from the dedication, as further set forth on Exhibit A hereto:
Release from Dedication. To the extent that Gatherer is unable to obtain the rights-of-way required for Gatherer to connect to any previously agreed upon Receipt Point by [***] (subject to any extension of the foregoing date by a Force Majeure Event), and Producer and Gatherer cannot agree to an alternative Receipt Point (in each Party’s sole discretion), Gatherer will permanently release Producer from the portion of the Dedication associated with the Receipt Point(s) for which Gatherer is unable to obtain the rights-of-way, and Producer will permanently release Gatherer from its obligation to either receive Produced Water from such Produced Water Receipt Point(s) or deliver Fresh Water to such Fresh Water Receipt Point(s).
Release from Dedication