Legal and Contractual Sanctions. In case of failure to perform the obligations set forth in this Agreement or performance in a place, time, or manner other than that agreed, the Contracted Party shall incur the specific sanctions provided for herein and the Applicable Laws and Regulations, without prejudice to the liability for potential losses and damages resulting from the default.
Appears in 6 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement
Legal and Contractual Sanctions. In case of failure to perform the obligations set forth in this Agreement or performance in a place, time, or manner other than that agreed, the Contracted Party shall incur the specific sanctions provided for herein and the Applicable Laws and Regulations, without prejudice to the liability for potential losses and damages resulting from the default. In case of failure to comply with the Applicable Laws and Regulations, the Contracted Party shall incur the applicable legal and administrative sanctions.
Appears in 4 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Legal and Contractual Sanctions. In case of failure to perform the obligations set forth in this Agreement or performance in a place, time, or manner other than that agreed, the Contracted Party Parties shall incur the specific sanctions provided for herein and in the Applicable Laws and Regulations, without prejudice to the liability for potential losses and damages resulting from the default.
Appears in 1 contract
Samples: Production Sharing Agreement
