Common use of Effectiveness and Efficacy of the Assignment Clause in Contracts

Effectiveness and Efficacy of the Assignment. Upon approval of the Assignment by ANP, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guarantee, under the Applicable Laws and Regulations.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Effectiveness and Efficacy of the Assignment. Upon approval of the Assignment by ANP, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guaranteeguarantee and in the event provided for in paragraph 28.17, under the Applicable Laws and RegulationsLaws. The addendum to the Agreement shall be effective as of the date of its execution, under the Applicable Laws.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement for Exploration and Production of Oil and Gas

Effectiveness and Efficacy of the Assignment. Upon approval of the Assignment by ANP, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guaranteeguarantee and in the event provided for in paragraph 28.17, under the Applicable Laws and RegulationsLaws.

Appears in 1 contract

Samples: Concession Agreement

Effectiveness and Efficacy of the Assignment. Upon approval of the Assignment by ANP, the Agreement shall be amended so that for consummation of the act is performedact, except in the events of for exemption or replacement of a performance guaranteebond and in the event provided for in paragraph 28.17, under the Applicable Laws and Regulations.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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Effectiveness and Efficacy of the Assignment. Upon approval of the Assignment by ANP, the Agreement shall be amended so that the act is performed, except in the events of exemption or replacement of a performance guaranteeguarantee and in the event provided for in paragraph 28.17, under pursuant to the Applicable Laws and Regulations.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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