Common use of POST OPERATION PHASE Clause in Contracts

POST OPERATION PHASE. 5.1 Role of the Implementation Committee At least eighteen (18) months before the planned date of termination of the Operation Phase or immediately upon the early termination of the Operation Phase or Abandonment of the Whale Tail Project, the Implementation Committee will recommend to the Parties what amendments should be made to this Agreement to make it applicable to the Post Operation Phase, which shall be in keeping with the purpose and objectives of this Agreement. AEM and KIA shall immediately enter into good faith negotiations and use commercially reasonable efforts to conclude an agreement within the next six (6) months on appropriate amendments to this Agreement, which amendments shall be in keeping with the purpose and the objectives of this Agreement. The Implementation Committee shall, except as provided for in section 5.2, be the only committee which shall continue during the Post Operation Phase, and it shall assume the roles of the Business Opportunities Committee, the Employment and Culture Committee and the On-Site Working Group.

Appears in 2 contracts

Samples: Benefit Agreement, Benefit Agreement

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POST OPERATION PHASE. 5.1 Role of the Implementation Committee At least eighteen (18) months before the planned expected date of termination of the Operation Phase or immediately upon the early termination of the Operation Phase or Abandonment of the Whale Tail Meliadine Project, the Implementation Committee will recommend to the Parties what amendments should be made to this Agreement to make it applicable to the Post Operation Phase, which shall be in keeping with the purpose and objectives of this Agreement. AEM and KIA shall immediately enter into good faith negotiations and use commercially reasonable efforts to conclude an agreement within the next six (6) months on appropriate amendments to this Agreement, which amendments shall be in keeping with the purpose and the objectives of this Agreement. The Implementation Committee shall, except as provided for in section 5.2, be the only committee which shall continue during the Post Operation Phase, and it shall assume the roles of the Business Opportunities Committee, the Employment and Culture Committee and the On-Site Working Group.

Appears in 1 contract

Samples: Benefit Agreement

POST OPERATION PHASE. 5.1 7.1 Role of the Implementation Committee At least eighteen twelve (1812) months before the planned date of termination of the Operation Phase or immediately upon the early termination of the Operation Phase or Abandonment of the Whale Tail Meadowbank Project, the Implementation Committee will recommend to the Parties what amendments should be made to this Agreement to make it applicable to the Post Operation Phase, which shall be in keeping with the purpose and objectives of this Agreement. AEM and KIA shall immediately enter into good faith negotiations and use commercially reasonable efforts to conclude an agreement within the next six (6) months on appropriate amendments to this Agreement, which amendments shall be in keeping with the purpose and the objectives of this Agreement. The Implementation Committee shall, except as provided for in section 5.27.2, be the only committee which shall continue during the Post Post-Operation Phase, and it shall assume the roles of the Business Opportunities Committee, the Employment and Culture Committee and the On-Site Working Group.

Appears in 1 contract

Samples: Benefit Agreement

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POST OPERATION PHASE. 5.1 Role of the Implementation Committee At least eighteen (18) months before the planned date of termination of the Operation Phase or immediately upon the early termination of the Operation Phase or Abandonment of the Whale Tail Meliadine Project, the Implementation Committee will recommend to the Parties what amendments should be made to this Agreement to make it applicable to the Post Operation Phase, which shall be in keeping with the purpose and objectives of this Agreement. AEM and KIA shall immediately enter into good faith negotiations and use commercially reasonable efforts to conclude an agreement within the next six (6) months on appropriate amendments to this Agreement, which amendments shall be in keeping with the purpose and the objectives of this Agreement. The Implementation Committee shall, except as provided for in section 5.2, be the only committee which shall continue during the Post Operation Phase, and it shall assume the roles of the Business Opportunities Committee, the Employment and Culture Committee and the On-Site Working Group.

Appears in 1 contract

Samples: Benefit Agreement

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