Subsequent Development Phases Clause Samples
The "Subsequent Development Phases" clause defines how future stages of a project will be planned, approved, and executed after the initial phase is completed. Typically, this clause outlines the process for proposing additional work, setting timelines, and agreeing on budgets or deliverables for each new phase. Its core function is to provide a structured framework for expanding the project in an organized manner, ensuring that both parties have clarity and mutual agreement before proceeding with further development.
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Subsequent Development Phases. At any time after the installation of the initial Development System for the initial Development Phase, any Participating Party may propose a subsequent Development Phase and the installation of a subsequent Development System. That proposal shall require approval by Vote except as provided in Article 16.4 (
Subsequent Development Phases. Unclear as to what is a Subsequent Development Phase – Article 12 process applies (non-consent)
Subsequent Development Phases. No – drag along
Subsequent Development Phases. At any time after the last Party's Election under the Fabrication AFE for the Initial Development System, any Participating Party may propose an additional Development Phase(s) and the installation of a subsequent or expanded Production System(s). Upon proposal of a Subsequent Development Phase, the Operator shall propose the formation of an Integrated Project Team to prepare a Development Plan for the Subsequent Development Phase. The preparation and approval of the Development Plan for a Subsequent Development Phase shall follow the same procedures specified in this Article 12 for the preparation and approval of the initial Development Plan.