Common use of Nullity of Assignment of Rights and Obligations and Need for Prior Express Approval Clause in Contracts

Nullity of Assignment of Rights and Obligations and Need for Prior Express Approval. Any Assignment that does not comply with the provision in this Section or in the Applicable Laws and Regulations shall be lawfully null and subject to the penalties provided for in this Agreement and in the Applicable Laws and Regulations.

Appears in 5 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Production Sharing Agreement, Production Sharing Agreement

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Nullity of Assignment of Rights and Obligations and Need for Prior Express Approval. Any Assignment that does not comply with the provision in this Section or in the Applicable Laws and Regulations shall be lawfully null and subject to the penalties provided for in this Agreement and in the Applicable Laws and RegulationsLaws.

Appears in 1 contract

Samples: Concession Agreement

Nullity of Assignment of Rights and Obligations and Need for Prior Express Approval. Any Assignment that does not comply with the provision in this the Section Thirdy or in the Applicable Laws and Regulations shall be lawfully null and subject to the penalties provided for in this Agreement and in the Applicable Laws and RegulationsLaws.

Appears in 1 contract

Samples: Production Sharing Agreement

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Nullity of Assignment of Rights and Obligations and Need for Prior Express Approval. Any Assignment that does not comply with the provision in this Section section or in the Applicable Laws and Regulations shall be lawfully null and subject to the penalties provided for in this Agreement and in the Applicable Laws and Regulations.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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