Common use of General Conditions of Contracts Clause in Contracts

General Conditions of Contracts. 4.1 The payment terms, to the extent viable, shall provide that: (a) Contractor is required to include in the services contracts, terms and condition that guarantees the appropriate security for the sub-contractor’s performance, including but not limited to for example, industry standard warranties, retention fees or other guarantees; and (b) a provision shall be made for appropriate withholding tax as may be applicable. 4.2 The governing law of all agreements signed with sub-contractors shall be, to the extent feasible, Sao-Tomean law. 4.3 Sao-Tomean law shall apply to all sub-contractors performing work in the Territory of Sao Tome and Principe. In as far as practicable, they shall use Sao-Tomean resources both human and material in accordance with the Petroleum Law. 4.4 Each contract shall provide for early termination where necessary and the Contractor shall use all reasonable endeavors to obtain a termination provision with minimal penalty. 4.5 Sub-contractors shall provide, in the case of a foreign sub-contractor, that the local part of the work, in all cases, shall be performed by the sub-contractor’s local subsidiary whenever possible.

General Conditions of Contracts. 4.1 The payment terms, to the extent viable, shall provide that: (a) Contractor is required to include in the services contracts, terms and condition that guarantees the appropriate security for the sub-contractor’s 's performance, including but not limited to for example, industry standard warranties, retention fees or other guarantees; and (b) a provision shall be made for appropriate withholding tax as may be applicable. 4.2 The governing law of all agreements signed with sub-contractors shall be, to the extent feasible, Sao-Sao- Tomean law. 4.3 Sao-Sao- Tomean law shall apply to all sub-contractors performing work in the Territory of Sao Tome and Principe. In as far as practicable, they shall use Sao-Sao- Tomean resources both human and material in accordance with the Petroleum Law.Law.‌ 4.4 Each contract shall provide for early termination where necessary and the Contractor shall use all reasonable endeavors to obtain a termination provision with minimal penaltypena1ty. 4.5 Sub-contractors shall provide, in the case of a foreign sub-contractor, that the local part of the work, in all cases, shall be performed by the sub-contractor’s 's local subsidiary whenever possible.

General Conditions of Contracts. 4.1 The payment terms, to the extent viable, shall provide that: (a) Contractor is required to include in the services contracts, terms and condition that guarantees the appropriate security for the sub-contractor’s performance, including but not limited to for example, industry standard warranties, retention fees or other guarantees; and (b) a provision shall be made for appropriate withholding tax as may be applicable. 4.2 The governing law of all agreements signed with sub-contractors shall be, to the extent feasible, Sao-Sao- Tomean law. 4.3 Sao-Tomean law shall apply to all sub-contractors performing work in the Territory of Sao Tome and Principe. In as far as practicable, they shall use Sao-Tomean resources both human and material in accordance with the Petroleum Law. 4.4 Each contract shall provide for early termination where necessary and the Contractor shall use all reasonable endeavors to obtain a termination provision with minimal penalty. 4.5 Sub-contractors shall provide, in the case of a foreign sub-contractor, that the local part of the work, in all cases, shall be performed by the sub-contractor’s local subsidiary whenever possible.