Common use of Approvals by the CNH Clause in Contracts

Approvals by the CNH. The Contractor shall deliver all of the applicable information to the CNH on a timely basis, under all circumstances provided in this Contract where the CNH is required to review, comment on and approve plans. The CNH shall do so during the period determined by the Applicable Laws, it being understood that any automatic approvals will only be deemed granted under the circumstances expressly provided by the Applicable Laws. The CNH may deny approval of plans if they: (i) do not comply with the Minimum Work Program or the Minimum Program Increase, or the work commitments for the First Additional Exploration Period or Second Additional Exploration Period, or (ii) do not conform to the Industry Best Practices and the Applicable Laws. The foregoing is without prejudice to the provisions of the Applicable Laws.

Appears in 3 contracts

Samples: Format A, Format A, Format A

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Approvals by the CNH. The Contractor shall deliver all of the applicable information to the CNH on a timely basis, under all circumstances provided in this Contract where the CNH is required to review, comment on and approve plans. The CNH shall do so during the period determined by in the Applicable Laws, it being understood that any automatic approvals will only be deemed granted under the circumstances expressly provided by the Applicable Laws. The CNH may deny approval of plans if they: (i) do not comply with the Minimum Work Program or the Minimum Program Increase, or the work commitments for the First Additional Exploration Period or Second Additional Exploration Period, or (ii) do not conform to the Industry Best Practices and the Applicable Laws. The foregoing is without prejudice to the provisions of the Applicable Laws.

Appears in 2 contracts

Samples: Consortium Model, Guarantee Contract

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