Operator Transitional Support Sample Clauses

Operator Transitional Support. 2.5.1 With respect to each of Block 20 and Block 21, the Parties shall enter into a separate agreement regulating the terms and conditions needed to assure an efficient transition of the operations in these Blocks to the New Operator chosen by the Purchaser (the “Transition of Operations Agreement”). 2.5.2 Notwithstanding the above, the Parties agree on the following principles, which shall be more detailed in the Transition of Operations Agreement: (a) The Seller shall provide all necessary information, documents and data, related with the exploration and appraisal operations conducted by the Seller in Block 20 and Block 21, such as G&G data, reservoir information, well data, final well report and post well studies and the prospect portfolio (the “Exploration Information”) to the Purchaser, its Affiliates or to the New Operator as the Purchaser designates. (b) The Seller shall provide technical assistance on a no losses no profits basis regarding the interpretation of the Exploration Information to the New Operator for the duration of the Transition of Operations Agreement. 2.5.3 For the purposes of this Clause 2.5, New Operator shall mean either a non-Affiliate company or an Affiliate company of the Purchaser, as selected by Purchaser. 2.5.4 If either Block Company is conducting drilling operations on a well at the time of Completion, the Seller agrees that with the Purchaser’s approval it shall cause the Block Company and the New Operator to finish drilling such well by providing necessary technical support and services.
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Related to Operator Transitional Support

  • Additional Support Under this Agreement, there shall be: (check one)

  • Operational Support 2.1 Party A agrees, according to the operational needs of Party B, to act as the guarantor of Party B in the contracts, agreements, or transactions entered into between Party B and third parties, in order to fully guarantee the performance by Party B of such contracts, agreements, and transactions. 2.2 Party A agrees, according to the operational needs Party B, to recommend directors and senior management to Party B and Party B agrees to appoint such personnel recommended by Party A to be its directors and senior management. The relevant personnel recommended by Party A pursuant to this Article shall meet the qualification requirements for directors and senior management under applicable laws. 2.3 To ensure the performance of this Agreement, Party A agrees to provide to Party B cooperative policy advice and guidance, which is consistent with the daily operation and financial management and the employment policy of Party B.

  • Operational Support Systems <<customer_name>> shall pay charges for Operational Support Systems (OSS) as set forth in this Agreement in Attachment 1 and/or in Attachments 2, 3 and 5, as applicable.

  • Technical Support State Street will provide technical support to assist the Fund in using the System and the Data Access Services. The total amount of technical support provided by State Street shall not exceed 10 resource days per year. State Street shall provide such additional technical support as is expressly set forth in the fee schedule in effect from time to time between the parties (the “Fee Schedule”). Technical support, including during installation and testing, is subject to the fees and other terms set forth in the Fee Schedule.

  • Operational Support Systems (OSS The terms, conditions and rates for OSS are as set forth in Section 2.13 of this Attachment.

  • Technical Support Services 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • Transitional Services Upon cancellation, termination, or expiration of the Contract for any reason, the Contractor shall provide reasonable cooperation, assistance and Services, and shall assist the Department to facilitate the orderly transition of the work under the Contract to the Department and/or to an alternative contractor selected for the transition upon written notice to the Contractor at least thirty (30) business days prior to termination or cancellation, and subject to the terms and conditions set forth in the Contract.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Contract Transition Upon Contract expiration or termination, the Contractor shall ensure a seamless transfer of Contract responsibilities with any subsequent Contractor necessary to transition the Products and services of the Contract. The incumbent Contractor assumes all expenses related to the contract transition.

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

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