Common use of Responsibility for Exclusive Operations Clause in Contracts

Responsibility for Exclusive Operations. (A) The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(E) the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Parties from any and all costs and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 7 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Purchase and Sale Agreement (Hyperdynamics Corp)

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Responsibility for Exclusive Operations. (A) The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(E) the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Parties from any and all costs and liabilities incurred incident incidental to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 4 contracts

Samples: Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)

Responsibility for Exclusive Operations. (A7.3(A) The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(E) the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Parties from any and all costs and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) but excluding costs and liabilities for which the Operator or Technical Operations Manager is solely responsible under Article 5.6 and shall keep the Contract Area free and clear of all liens and encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 1 contract

Samples: Joint Operating Agreement (BPZ Resources, Inc.)

Responsibility for Exclusive Operations. (A) 7.3.A The Consenting Parties shall bear in accordance with the Participating Working Interests agreed under Article 7.2(E) 7.2.E the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Non‑Consenting Parties from any damages, losses, costs (including reasonable legal costs and all costs attorneys’ fees), and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances Encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

Responsibility for Exclusive Operations. (A) 5.3 The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(ESection 5.2(e) the entire cost and liability of conducting an Exclusive Operation to the exclusion of any Party who does not elect to participate (a "NON-CONSENTING PARTY") and shall indemnify the Non-Consenting Parties from any and all costs and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances Encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 1 contract

Samples: Farmout Agreement (Ivanhoe Energy Inc)

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Responsibility for Exclusive Operations. (Aa) The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(E) clause 7.2 the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Parties from any and all losses, costs and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances Encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 1 contract

Samples: Farmout Agreement (Hyperdynamics Corp)

Responsibility for Exclusive Operations. (A) 7.3.A The Consenting Parties shall bear in accordance with the Participating Interests agreed under Article 7.2(E) 7.2.E the entire cost and liability of conducting an Exclusive Operation and shall indemnify the Non-Consenting Parties from any damages, losses, costs (including reasonable legal costs and all costs attorneys’ fees), and liabilities incurred incident to such Exclusive Operation (including Consequential Loss and Environmental Loss) and shall keep the Contract Area free and clear of all liens and encumbrances Encumbrances of every kind created by or arising from such Exclusive Operation.

Appears in 1 contract

Samples: Joint Operating Agreement (Discovery Energy Corp.)

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