Common use of PURPOSE OF THE CONSORTIUM Clause in Contracts

PURPOSE OF THE CONSORTIUM. The subject matter of this Consortium Agreement is the association of the Parties to comply with Production Sharing Agreement for Exploration and Production of Oil and Gas No. __________________, hereinafter referred to as Production Sharing Agreement. The Consortium Members have established and shall establish, in specific documents and without prejudice to documents and commitments undertaken in the Production Sharing Agreement, specific rules and conditions to internally govern individual relations, in their capacity of Consortium Members, as well as the conduct of the Consortium Operations.

PURPOSE OF THE CONSORTIUM. The subject matter of this Consortium Agreement is the association of the Parties to comply with Production Sharing Agreement for Exploration and Production of Oil and Gas No. __________________, hereinafter referred to as Production Sharing Agreement. The Consortium Members have established and shall establish, in specific documents and without prejudice to documents and commitments undertaken in the Production Sharing Agreement, specific rules and conditions to internally govern individual relations, in their capacity of Consortium Members, as well as the conduct of the Consortium Operations.

PURPOSE OF THE CONSORTIUM. The subject matter of this Consortium Agreement is the association of the Parties to comply with Transfer of Rights Surplus Production Sharing Agreement for Exploration and Production of Oil and Gas No. __________________, hereinafter referred to as “Production Sharing Agreement”. The Consortium Members have established and shall establish, in specific documents and without prejudice to documents and commitments undertaken in the Production Sharing Agreement, specific rules and conditions to internally govern individual relations, in their capacity of Consortium Members, as well as the conduct of the Consortium Operations.

PURPOSE OF THE CONSORTIUM. 2.1. The subject matter purpose of this Consortium Agreement is the association of the Parties to comply with the Production Sharing Agreement for the Exploration and Production of Oil and Natural Gas No. __________________, hereinafter referred to as "Production Sharing Agreement". 2.2. The Consortium Members have established and shall will establish, in specific documents and documents, without prejudice to documents and commitments undertaken assumed in the Production Sharing Agreement, specific Agreement particular rules and conditions to internally govern regulate individual relationsrelationships, in considering their capacity of quality as Consortium Members, as well as the conduct of the Consortium Consortium's Operations.