Common use of Observations by the Minister Clause in Contracts

Observations by the Minister. The Minister shall communicate to the Contractor any objection or comment it may have regarding any Work Programme. The Minister shall approve the Work Programmes if they comply with: (i) the Minimum Work Programme, the Exploration Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Agreement; (iii) Best International Industry Standards and Practices; (iv) the Environmental and Safety Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Programme that may have been observed to or commented on by Minister. The Contractor may not conduct any activities not included in an approved Work Programme, except in the case of an emergency pursuant to Article 21. The Contractor must provide the operative solutions and the correspondent adjustments to the Work Programme reflecting the observations of the Minister. Meetings may be held in order to resolve in good faith any technical difference that may exist regarding to the observations of the Work Programme, in accordance with the Best International Industry Standards and Practices and the Applicable Laws.

Appears in 2 contracts

Samples: Production Sharing Agreement, Sharing Agreement

AutoNDA by SimpleDocs

Observations by the Minister. The Minister shall communicate to the Contractor any objection or comment it may have regarding any Work Programme. The Minister shall approve the Work Programmes if they comply with: (i) the Minimum Work Programme, the Exploration Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Agreement; (iii) Best International Industry Standards and Practices; (iv) the Environmental and Safety Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Programme that may have been observed to or commented on by the Minister. The Contractor may not conduct any activities not included in an approved Work Programme, except in the case of an emergency pursuant to Article 2120. The Contractor must provide the operative solutions and the correspondent adjustments to the Work Programme reflecting the observations of the Minister. Meetings may be held in order to resolve in good faith any technical difference that may exist regarding to the observations of the Work Programme, in accordance with the Best International Industry Standards and Practices and the Applicable Laws.

Appears in 2 contracts

Samples: Production Sharing Agreement, Sharing Agreement

AutoNDA by SimpleDocs

Observations by the Minister. The Minister shall communicate to the Contractor any objection or comment it he may have regarding any Work Programme. The Minister shall approve the Work Programmes if they comply with: (i) the Minimum Work Programme, the Exploration Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Agreement; (iii) Best International Industry Standards and Practices; (iv) the Environmental and Safety Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Programme that may have been observed to or commented on by the Minister. The Contractor may not conduct any activities not included in an approved Work Programme, except in the case of an emergency pursuant to Article 2120. The Contractor must provide the operative solutions and the correspondent adjustments to the Work Programme reflecting the observations of the Minister. Meetings may be held in order to resolve in good faith any technical difference that may exist regarding to the observations of the Work Programme, in accordance with the Best International Industry Standards and Practices and the Applicable Laws.

Appears in 2 contracts

Samples: Model Production Sharing Agreement, oilnow.gy

Time is Money Join Law Insider Premium to draft better contracts faster.