Common use of Other Natural Resources Clause in Contracts

Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.

Appears in 13 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

AutoNDA by SimpleDocs

Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or disposebenefit, in any way and at any title, totally or partially, of from any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.

Appears in 2 contracts

Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!