Common use of Insurance Obtained by Operator Clause in Contracts

Insurance Obtained by Operator. (A) Operator shall procure and maintain for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / Regulations.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Hyperdynamics Corp), Operating Agreement (Hyperdynamics Corp), Operating Agreement (Fortune Oil & Gas Inc)

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Insurance Obtained by Operator. (A) Operator shall procure and maintain or cause to be procured and maintained for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / Regulationsand applicable laws, rules and regulations.

Appears in 4 contracts

Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement

Insurance Obtained by Operator. (A) Operator shall procure and maintain for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / RegulationsRegulations or as otherwise agreed by the Operating Committee.

Appears in 4 contracts

Samples: Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)

Insurance Obtained by Operator. (A) Operator shall procure and maintain or cause to be procured and maintained for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / RegulationsConcession and applicable laws, rules and regulations.

Appears in 2 contracts

Samples: International Joint Operating Agreement (Drucker Industries Inc), International Joint Operating Agreement (Transatlantic Petroleum Corp)

Insurance Obtained by Operator. (Aa) Operator shall procure and maintain or cause to be procured and maintained for the Joint Account all insurance in the types and amounts required by the Contract or and applicable laws, rules and regulations and any other insurance at competitive rates as may be approved by the Laws / RegulationsOperations Management Board.

Appears in 2 contracts

Samples: resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)

Insurance Obtained by Operator. (A) Operator shall procure and maintain for the Joint Account all insurance in the types and amounts required by the Contract Licence or the Laws / RegulationsLaws.

Appears in 1 contract

Samples: Joint Operating Agreement

Insurance Obtained by Operator. (A) Operator shall procure and maintain for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / Regulations.

Appears in 1 contract

Samples: Operating Agreement (Refinery Science Corp)

Insurance Obtained by Operator. (A) Operator shall procure and maintain for the Joint Account all insurance (at a minimum) in the types and amounts required by the Contract or the Laws / Regulations.

Appears in 1 contract

Samples: Operating Agreement (Geoglobal Resources Inc.)

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Insurance Obtained by Operator. (Aa) Operator shall procure and maintain for the Joint Account all insurance in the types and amounts of insurance required by the Contract Permits or the Laws / Regulations.and as set out in Annexure C.

Appears in 1 contract

Samples: Joint Operating Agreement (Tamboran Resources Corp)

Insurance Obtained by Operator. (A) 4.6.A Operator shall procure and maintain maintain, or shall cause to be procured and maintained, for itself and the Joint Account all insurance in Parties the types and amounts of insurance required by the Contract or the Laws / Regulationswith respect to Joint Operations.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

Insurance Obtained by Operator. (A) Operator shall procure and maintain or cause to be procured and maintained for the Joint Account all insurance in the types and amounts required by the Contract or and applicable laws, rules and regulations. Operator shall give non-Operators notice of the Laws / Regulationsinsurances required to give them the opportunity to use their own policies, if possible.

Appears in 1 contract

Samples: Operating Agreement (Seven Seas Petroleum Inc)

Insurance Obtained by Operator. (A) The Operator shall procure and maintain for the Joint Account all insurance in the types and amounts required by the Contract Licence or the Laws / RegulationsLaws.

Appears in 1 contract

Samples: Joint Operating Agreement

Insurance Obtained by Operator. (A) Operator shall procure and maintain or cause to be procured an maintained for the Joint Account all insurance in the types and amounts required by the Contract or the Laws / Regulationsand applicable laws, rules and regulations.

Appears in 1 contract

Samples: Joint Operating Agreement (Kosmos Energy Ltd.)

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