Common use of Operator’s Authority Clause in Contracts

Operator’s Authority. Unless otherwise limited by the Operating Committee the Operator shall have the authority to pursue, prosecute, defend or settle any claim relating to the Joint Operations (other than be- tween the Parties) on behalf of the Parties provided that where the total amount in dispute and/or the total amount of damages together with any costs are estimated to exceed……………. DKK or such other amount as may from time to time be determined by the Operating Commit- tee and where practicable in the case of any claim for specific performance, injunction or anal- ogous proceedings the Operator shall seek the advice of the Operating Committee and shall comply with any directions given by the Operating Committee in respect thereto. In absence of such directions, the Operator shall act as it deems prudent in the interest of the Parties to en- deavour to prevent judgement being given against any Party, or to challenge the jurisdiction of any court, whilst full authority from the Parties is being sought.

Operator’s Authority. Unless otherwise limited by the Operating Committee the Operator shall have the authority to pursue, prosecute, defend or settle any claim relating to the Joint Operations (other than be- tween between the Parties) on behalf of the Parties provided that where the total amount in dispute and/or the total amount of damages together with any costs are estimated esti­mated to exceed……………. DKK or such other amount as may from time to time be determined by the Operating Commit- tee Committee and where practicable in the case of any claim for specific performance, injunction or anal- ogous analogous proceedings the Operator shall seek the advice of the Operating Committee and shall comply with any directions given by the Operating Committee in respect thereto. In absence of such directions, the Operator shall act as it deems prudent in the interest of the Parties to en- deavour endeavour to prevent judgement being given against any Party, or to challenge the jurisdiction of any court, whilst full authority from the Parties is being sought.

Operator’s Authority. Unless otherwise limited by the Operating Committee the Operator shall have the authority to pursue, prosecute, defend or settle any claim relating to the Joint Operations (other than be- tween between the Parties) on behalf of the Parties provided that where the total amount in dispute and/or the total amount of damages together with any costs are estimated to exceed……………. DKK or such other amount as may from time to time be determined by the Operating Commit- tee Committee and where practicable in the case of any claim for specific performance, injunction or anal- ogous analogous proceedings the Operator shall seek the advice of the Operating Committee and shall comply with any directions given by the Operating Committee in respect thereto. In absence of such directions, the Operator shall act as it deems prudent in the interest of the Parties to en- deavour endeavour to prevent judgement being given against any Party, or to challenge the jurisdiction of any court, whilst full authority from the Parties is being sought.

Operator’s Authority. Unless otherwise limited by the Operating Committee the Operator shall have the authority to pursue, prosecute, defend or settle any claim relating to the Joint Operations (other than be- tween between the Parties) on behalf of the Parties provided that where the total amount in dispute and/or the total amount of damages together with any costs are estimated to exceed……………. … DKK or such other amount as may from time to time be determined by the Operating Commit- tee Committee and where practicable in the case of any claim for specific performance, injunction or anal- ogous analogous proceedings the Operator shall seek the advice of the Operating Committee and shall comply with any directions given by the Operating Committee in respect thereto. In absence of such directions, the Operator shall act as it deems prudent in the interest of the Parties to en- deavour endeavour to prevent judgement being given against any Party, or to challenge the jurisdiction of any court, whilst full authority from the Parties is being sought.