Production Beyond the Term of Contract Sample Clauses

Production Beyond the Term of Contract. (a) Where Production from a Development Area is possible beyond the term of this Contract, the Contractor shall handover to TIMOR GAP - Timor Gás & Petróleo, E.P. such Development Area and all Facilities and other property required for carrying out existing operations, in good state of repair and operation. Upon the transfer of the relevant Development Area and related Facilities, TIMOR GAP - Timor Gás & Petróleo, E.P. shall assume all responsibility for the Facilities and other property and their Decommissioning and hold the Contractor harmless against any liability with respect thereto accruing after the date of such transfer to the TIMOR GAP - Timor Gás & Petróleo, E.P. but without prejudice to any obligations or liabilities accrued by Contractor prior to the above transfer.
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Production Beyond the Term of Contract. (a) Where Production from a Development Area is possible beyond the term of this Contract, Contractor shall handover to TIMOR GAP such Development Area and all Facilities and other property required for carrying out existing operations, in good state of repair and operation. Upon the transfer of the relevant Development Area and related Facilities, TIMOR GAP shall assume all responsibility for the Facilities and other property and their Decommissioning and hold the Contractor harmless against any liability with respect thereto accruing after the date of such transfer to TIMOR GAP but without prejudice to any obligations or liabilities accrued by Contractor prior to the above transfer.

Related to Production Beyond the Term of Contract

  • Term of Contract The term of this Contract shall be one (1) year commencing on the last date of approval by DIR and Vendor. Prior to expiration of the original term, DIR and Vendor may extend the Contract, upon mutual agreement, for up to three (3) optional one-year terms. Additionally, the parties by mutual agreement may extend the term for up to ninety (90) additional calendar days.

  • Factors Beyond the HSP’s Control Despite the foregoing, if the Funder, acting reasonably, determines that the Performance Factor is, in whole or in part, a Factor Beyond the HSP’s Control:

  • Term of Contract; Contract Extension The Contract will be in effect from the Effective Date (15 December 2016) through 31 December 2018. DAS, in its sole discretion, may extend this Contract for additional terms beyond the original term, prior to Termination or expiration, one or more times for a combined total period not to exceed the complete length of the original term.

  • OPTION TO EXTEND THE TERM OF THE CONTRACT (MAR 2000)

  • Preconstruction Phase Services Preconstruction Phase Services shall mean all services described in Article 3.1, and any similar services described in the Request for Proposals, including such similar services as are described in the Construction Manager at Risk’s Response to the Request for Proposals to the extent they are accepted by Owner, but excluding any Early Work. Early Work shall be considered part of Construction Phase Services.

  • Obligations Beyond Contract Term The Contract shall remain in full force and effect to the end of the specified term or until terminated or canceled pursuant to the Contract. All obligations of the Contractor incurred or existing under the Contract as of the date of expiration, termination or cancellation will survive the termination, expiration or conclusion of the Contract.

  • Notification of Contract and Salary Employees shall be notified of their contract and salary status for the ensuing year no later than May 30th.

  • OGS Centralized Contract: Terms and Conditions The terms and conditions set forth in this section are expressly incorporated in and applicable to the Contract. Captions are intended as descriptive and are not intended to limit or otherwise restrict the terms and conditions set forth herein. Appendix A Appendix A, Standard Clauses for New York State Contracts, dated January 2014, attached hereto, is hereby incorporated in, and expressly made a part of, this Contract. Appendix B Appendix B, Office of General Services General Specifications, dated January 2015 22772 Project Based Information Technology Consulting (Statewide), attached hereto, is hereby incorporated in, and expressly made a part of, this Contract.

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • DISTRIBUTION OF CONTRACTOR PRICE LIST AND CONTRACT APPENDICES Contractor shall provide Authorized Users with electronic copies of the Contract, including price lists and Appendices, upon request. OGS CENTRALIZED CONTRACT MODIFICATIONS Contract Updates will be handled as provided in Appendix C – Contract Modification Procedures.

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