Common use of Subsequent Joinder Clause in Contracts

Subsequent Joinder. If the owner of any substantial interest in geothermal resources under a tract within the Unit Area fails or refuses to subscribe or consent to this Agreement, the owner of the Working Interest in that tract may withdraw said tract from this Agreement by written notice delivered to the authorized officer and the Unit Operator prior to the approval of this Agreement by the authorized officer.

Appears in 3 contracts

Sources: Geothermal Resource Leasing and Unit Agreements, Geothermal Resource Leasing and Unit Agreements, Geothermal Resource Leasing and Unit Agreements