Common use of Recourse to Third Party Funding Clause in Contracts

Recourse to Third Party Funding. Recourse by any Party comprising the Contractor to third party funding which involves the assignment of rights over its entitlement to Hydrocarbons under this Contract is not permitted without the prior consent of the Ministry.

Appears in 4 contracts

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

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Recourse to Third Party Funding. Recourse by any Party comprising the Contractor to third party funding which involves the assignment of rights over its entitlement to Hydrocarbons under this Contract is not permitted without the prior consent of the Ministry, which consent shall not be unreasonably withheld or delayed with no justified reason.

Appears in 3 contracts

Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.)

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