Common use of Contractor’s Transactions with Third Parties Clause in Contracts

Contractor’s Transactions with Third Parties. The Contractor commits to agree in its transactions with third parties performing operations related with this Contract, the obligation of such third parties to deliver directly upon request to the Fund, the Ministry of Finance, or the CNH, the information regarding its transactions with the Contractor under the Contract. The obligation referred to in the paragraph above shall be applicable to any procurement of goods and services contract that the Contractor executes from the award of this Contract. In the event that the Contractor demonstrate that the procurement of goods and services contracts were executed before the award of the Contract and that comply with the provisions of the Annex 10, it shall be considered that the Contractor has complied with the commitment of this Article.

Appears in 3 contracts

Samples: License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater), License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater), License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater)

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Contractor’s Transactions with Third Parties. The Contractor commits to agree in its transactions with third parties performing operations related in connection with this Contract, the obligation of such third parties to deliver directly upon request to the Fund, the Ministry of Finance, or the CNH, the information regarding its transactions with the Contractor under the Contract. The obligation referred to in the paragraph above shall be applicable to any procurement of goods and services contract that the Contractor executes from the award of this Contract. In the event that the Contractor demonstrate that the procurement of goods and services contracts were executed before the award of the Contract and that comply with the provisions of the Annex 10, it shall be considered that the Contractor has complied with the commitment of this Article.

Appears in 1 contract

Samples: License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater)

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