Common use of Northwest Territories Oil and Gas Accord Clause in Contracts

Northwest Territories Oil and Gas Accord. 2.16 To the extent that the provisions of this Agreement relate to Oil and Gas resources such provisions constitute a component of, but not the entire, Northwest Territories Oil and Gas Accord referred to in Annex I-C-25 of the North American Free Trade Agreement. For greater certainty, the conclusion of this component of the Northwest Territories Oil and Gas Accord is without prejudice to the conclusion of other components relating to subject-matters originally contemplated as being included in such Accord but not settled in this Agreement, including, Oil and Gas resources offshore and in Nunavut.

Northwest Territories Oil and Gas Accord. 2.16 To the extent that the provisions of this Agreement relate to Oil and Gas resources resources, such provisions constitute a component of, but not the entireentirety of, the Northwest Territories Oil and Gas Accord referred to in Annex I-C-25 of the North American Free Trade Agreement. For greater certainty, the conclusion of this component of the Northwest Territories Oil and Gas Accord is without prejudice to the conclusion of other components relating to subject-subject matters originally contemplated as being included in such Accord but not settled in this Agreement, including, Oil and Gas resources offshore and in Nunavut.