Common use of Extension of the Exploration Phase and Suspension of the Agreement Clause in Contracts

Extension of the Exploration Phase and Suspension of the Agreement. The Agreement shall be automatically suspended if ANP does not resolve, before the end of the Exploration Phase, upon the request for suspension or extension of the Exploration Phase or for changes in the Minimum Exploration Program, pursuant to paragraph 5.5.

Appears in 6 contracts

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

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Extension of the Exploration Phase and Suspension of the Agreement. The Agreement During the Exploration Phase, the agreement shall be automatically suspended if ANP does not resolve, before the end of the Exploration Phase, upon the request for for: (i) suspension or extension of the Exploration Phase Phase; or for (ii) changes in the Minimum Exploration Program, pursuant to paragraph section 5.5.

Appears in 1 contract

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

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