Common use of Indirect Transfers; Change of Control Clause in Contracts

Indirect Transfers; Change of Control. Each Participating Company shall ensure that it does not undergo, directly or indirectly, a change of Control during the term of this Contract without the consent of CNH. Any Participating Company shall notify CNH of any change in the capital structure of such Participating Company that does not result in a change of Control of the Participating Company pursuant to this Article 24.2 within thirty (30) Days after such change occurs, unless the Participating Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Company to its investors pursuant to applicable stock market law shall be sufficient.

Appears in 4 contracts

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

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Indirect Transfers; Change of Control. Each Participating Company The Contractor shall ensure that it does not undergo, directly or indirectly, a any change of Control during the term of this Contract without the written consent of the CNH. Any Participating Company The corresponding Signing Companies shall notify the CNH of any change in the capital structure of such Participating Company Signing Companies that does not result in a change of Control of the Participating Company Contractor pursuant to this Article 24.2 within thirty (30) Days after such change occurs, unless the Participating Signing Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Signing Company to its investors pursuant to applicable stock market law shall be sufficientsuffice.

Appears in 2 contracts

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

Indirect Transfers; Change of Control. Each of the Participating Company Companies shall ensure that it does not undergo, directly or indirectly, a any change of Control during the term of this Contract without the written consent of CNH. Any A Participating Company shall notify CNH of any change in the such Participating Company’s capital structure of such Participating Company that does not result in a change of Control of the Participating Company pursuant to this Article 24.2 within thirty (30) Days days after such change occurs, unless the Participating Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Company to its investors pursuant to applicable stock market law shall be sufficientsuffice.

Appears in 1 contract

Samples: License Contract for the Extraction of Hydrocarbons

Indirect Transfers; Change of Control. Each of the Participating Company Companies shall ensure that it does not undergo, directly or indirectly, a change of Control during the term of this Contract without the consent of from CNH. Any A Participating Company shall notify CNH of any other change in the such Participating Company’s capital structure of such Participating Company that does not result in a change of Control of the Participating Company pursuant to this Article 24.2 23.2 within thirty (30) Days days after such change occurs, unless the Participating Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Company to its investors pursuant to applicable stock market law shall be sufficient.

Appears in 1 contract

Samples: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality

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Indirect Transfers; Change of Control. Each Participating Company shall ensure that it does not undergo, directly or indirectly, a change of Control during the term of this Contract without the prior written consent of CNH. Any A Participating Company shall notify CNH of any change in the Participating Company’s capital structure of such Participating Company that does not result in a change of Control of the Participating Company pursuant to this Article 24.2 within thirty (30) Days days after such change occurs, unless the Participating Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Company to its investors pursuant to applicable stock market law shall be sufficient.

Appears in 1 contract

Samples: Contract for the Exploration and Extraction of Hydrocarbons

Indirect Transfers; Change of Control. Each Participating Company The Contractor shall ensure that it does not undergo, directly or indirectly, a any change of Control during the term of this Contract without the written consent of the CNH. Any The corresponding Participating Company Companies shall notify the CNH of any change in the capital structure of such Participating Company Companies that does not result in a change of Control of the Participating Company Contractor pursuant to this Article 24.2 within thirty (30) Days after such change occurs, unless the Participating Company is listed on the Mexican Stock Exchange, in which case the notice provided by the Participating Company to its investors pursuant to applicable stock market law shall be sufficientsuffice.

Appears in 1 contract

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

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