Amendment and Termination of the Agreement. After the act of God, force majeure, or similar causes are overcome, the Concessionaire shall perform the affected obligations, and the term for performance of these obligations shall be extended for the period corresponding to the duration of the event. Depending on the extent and severity of the effects of the act of God, force majeure, or similar causes: the Parties may agree on the amendment or termination of the Agreement; ANP may suspend the course of the contract term regarding the affected portion of the Agreement. During interruption of the contract term, all Parties’ obligations not affected by act of God, force majeure, and similar causes remain effective and enforceable. ANP may extend or suspend the course of the contract term in case of evidenced delay in the environmental permitting procedure due to exclusive fault of the applicable public entities. As long as requested by the Concessionaire, the suspension of the lapse of the contract term for more than five (5) years may entail contract termination, and the Concessionaire shall have no right to any type of indemnification. The Concessionaire shall be responsible for evidencing that, in the period between suspension of the lapse of the contract term and request for termination of the Agreement, it has not contributed to the delay of the environmental permitting process. As long as requested by the Concessionaire, the final denial by the competent environmental authority of the permit essential to the development of the activities may entail contract termination, and the Concessionaire shall not be entitled to any type of indemnification. The Concessionaire shall be responsible for evidencing that it did not contribute to the denial of the environmental permitting process for such denial to be considered an act of God, force majeure, and similar cause.
Appears in 2 contracts
Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas
Amendment and Termination of the Agreement. After the act of God, force majeure, or similar causes are overcome, the Concessionaire shall perform the affected obligations, and the term for performance of these obligations shall be extended for the period corresponding to the duration of the event. Depending on the extent and severity of the effects of the act of God, force majeure, or similar causes: , the Parties may agree on the amendment or termination of the Agreement; ANP may suspend the course of the contract term regarding the affected portion of the Agreement. During interruption of the contract term, all Parties’ obligations not affected by act of God, force majeure, and similar causes remain effective and enforceable. ANP may extend or suspend the course of the contract term in case of evidenced delay in the environmental permitting procedure due to exclusive fault of the applicable public entities. As long as requested by the Concessionaire, the suspension of the lapse of the contract term for more than five (5) years may entail contract termination, and the Concessionaire shall have no right to any type of indemnification. The Concessionaire shall be responsible for evidencing that, in the period between suspension of the lapse of the contract term and request for termination of the Agreement, it has not contributed to the delay of the environmental permitting process. As long as requested by the Concessionaire, the final denial by the competent environmental authority of the permit essential to the development of the activities may entail contract termination, and the Concessionaire shall not be entitled to any type of indemnification. The Concessionaire shall be responsible for evidencing that it did not contribute to the denial of the environmental permitting process for such denial to be considered an act of God, force majeure, and similar cause.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Amendment and Termination of the Agreement. After the act of God, force majeure, or similar causes are overcome, the Concessionaire shall perform the affected obligations, and the term for performance of these obligations shall be extended for the period corresponding to the duration of the event. Depending on the extent and severity of the effects of the act of God, force majeure, or similar causes: , the Parties may agree on the amendment or termination of the Agreement; ANP may suspend . Once the course deadline is reset, the Concessionaire shall be responsible for performing the affected obligations. Depending on the extent and severity of the contract term regarding the affected portion effects of the Agreement. During interruption of the contract term, all Parties’ obligations not affected by act of God, force majeure, and or similar causes remain effective and enforceablecauses, the Parties may agree on the amendment or termination of the Agreement. ANP may extend or suspend the course lapse of the contract term in case of evidenced delay in the environmental permitting procedure due to exclusive fault of the applicable public entitiesenvironmental authorities. As long as requested by the Concessionaireconcessionaire, the suspension of the lapse of the contract term for more than five (5) years may entail contract termination, and the Concessionaire shall have no right to any type of indemnification. The Concessionaire shall be responsible for evidencing that, in the period between suspension of the lapse of the contract term and request for termination of the Agreementconcession agreement, it has not contributed to the delay extension of the environmental permitting process, which shall characterize the fact as an act of God, force majeure, and similar causes. As long as requested by the Concessionaireconcessionaire, the final denial by the competent environmental authority of the permit essential to the development of the activities may entail contract termination, and the Concessionaire shall not be entitled to any type of indemnification. The Concessionaire shall be responsible for evidencing that it did not contribute to the denial of the environmental permitting process for such denial to be considered an act of God, force majeure, and similar cause.
Appears in 1 contract
Samples: Concession Agreement for Exploration and Production of Oil and Gas