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

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

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)

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

Appears in 1 contract

Samples: Contract for the Exploration and Extraction of Hydrocarbons

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

Appears in 1 contract

Samples: Contract for the Exploration and Extraction of Hydrocarbons

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

Appears in 1 contract

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

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