Common use of Pursuant to Paragraph Clause in Contracts

Pursuant to Paragraph. 2 of Section 17 (1) of the Petroleum Code, the STATE already grants its prior consent to assignments among entities comprising the CONTRACTOR, having as their sole purpose the repartition of participation percentages among these entities.

Appears in 4 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

AutoNDA by SimpleDocs

Pursuant to Paragraph. 2 of Section 17 (1) of the Petroleum Code, the STATE already grants its prior consent to assignments among entities comprising the CONTRACTOR, as well as between the entities constituting the CONTRACTOR and their respective Affiliates, having as their sole purpose to modify the repartition of participation percentages among these entities.

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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