10.3Provision for and Conduct of Decommissioning and Abandonment Security
the lapse, abandonment or discontinuance of the use or maintenance of any Intellectual Property if previously determined by the or any Restricted Subsidiary in its reasonable business judgment that such lapse, abandonment or discontinuance is desirable in the conduct of its business;
Decommissioning means all work required for the abandonment of Joint Property in accordance with good oil field practice and applicable legal obligations, including, where required, plugging of wells, abandonment, disposal, demolition, removal and/or cleanup of facilities, and any necessary site remediation and restoration.
the lapse or abandonment of intellectual property in the ordinary course of business;
twelve (12) months after conclusion, abandonment or termination of the Study at all sites, or
Abandonment (pursuant to Section 1951.3 of the California Civil Code) of the Premises by ; or
Abandonment of all or a substantial portion of the Premises by Tenant with no intent to return; or
clause 10 shall remain in effect until all abandonment obligations under the PSC and Laws / Regulations have been satisfied;
sales, abandonment, or other dispositions of Equipment that is substantially worn, damaged, or obsolete in the ordinary course of business,
abandonment, cancellation or disposition of any intellectual property of the Borrower or any Subsidiary in the ordinary course of business.
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