Common use of Feasibility Team and Feasibility Stage Conclusion Clause in Contracts

Feasibility Team and Feasibility Stage Conclusion. The Feasibility Team and the Feasibility Stage terminate immediately after (a) the Feasibility Team has (i) completed the scope of work in the Feasibility AFE and its supplemental AFEs and (ii) presented to the Participating Parties the report referred to in Article 12.2 (Feasibility Team Proposal) or (b) the Participating Parties Vote to terminate the Feasibility Team prior to the occurrence of both of those events.

Appears in 5 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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