Table of Competences and Resolutions Sample Clauses

Table of Competences and Resolutions. Item Resolutions Decision
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Table of Competences and Resolutions. Item Resolutions Decision 1 Commercial Feasibility of the Deposit D4
Sample 1Sample 2Sample 3See All (7)
Table of Competences and Resolutions. Item Resolutions Decision 1 Commercial Feasibility of the Deposit D4 2 Development Plan and its revisions D1 3 Production Individualization Agreement D1 4 Termination of the Production Sharing Agreement D2 5 Oil or Gas Availability Agreement D3 9 Accounting of expenditures incurred D3 10 Authorization for Expenditures D3 11 Contracting of goods and services, pursuant to paragraphs 3.24 to 3.31 D3 13 Preparation and Change in the Internal Regulation of the Operating Committee D3 14 Other matters of its competence D3 15 Early end of the Exploration Phase D2 16 Discovery Assessment Plan and its revisions D4, D3* 17 Exploration Plan and its revisions D4, D3* 18 Acquisition of geological and geophysical data D4, D3* 19 Partial relinquishment of the Contract Areas, including assessment of the respective relinquishment report D2 20 Request for extension of the Exploration Phase D4, D3* 21 Other matters related to the Exploration Phase that may be resolved upon until, and including, submission of a Discovery Assessment Plan D4 * Decisions that, when made until submission of a Discovery Assessment Plan to the Operating Committee, are subject to resolution D3 and, when made after submission of a Discovery Assessment Plan to the Operating Committee, are subject to resolution D4. In resolutions D4, the chairman of the Operating Committee may exercise his/her veto power as of the moment in which a Discovery Assessment Plan is submitted to the Operating Committee. In case the chairman of the Operating Committee exercises his/her veto power, a new meeting shall be called to resolve upon the rejected matter, pursuant to the Internal Regulation of the Operating Committee. In any type of decision, the Consortium Members voting against the approval of the matter shall submit to the others, in up to five (5) days, a report presenting the reasons of their vote. When the proposals do not obtain the minimum resolution percentage for approval in the scope of the Consortium, the Operator shall prepare a new proposal, necessarily taking into account, when preparing it, the considerations of the Consortium Members who voted against the original proposal. The new proposal must be available for the Consortium Members within fifteen (15) days of the disapproval of the matter and shall be voted within fifteen (15) days of the date of such availability, unless other terms are established in the Internal Regulation of the Operating Committee. The term for submission and vote of the new pr...
Sample 1Sample 2Sample 3See All (4)
Table of Competences and Resolutions. Item Resolutions Decision 1 Commerciality of the deposit D4 2 Development Plan and its revisions D1 3 Production Individualization Agreement D1 4 Termination of the Production Sharing Agreement D2 5 Oil or Gas Production Availability Agreement D3 9 Authorization for Expenditures D4 10 Contracting of goods and services D3 11 Creation of subcommittees D3 12 Preparation of and Change in the Internal Regulations of the Operating Committee D3 13 Other matters of its competence D3 14 Early termination of the Exploration Phase D2 15 Oil or Natural Gas Discovery Assessment Plan and its revisions D4, D3* 16 Planned Exploratory Work Plan and its revisions D4, D3* 17 Acquisition of geological and geophysical data D4, D3* 18 Partial return of Contract Areas, including evaluation of the respective return report D2 19 Request for extension of the Exploration Phase deadline D4, D3* 20 Other matters related to the Exploration Phase that may be resolved up to, including, the submission of an Oil or Natural Gas Discovery Assessment Plan to the Operating Committee D4 * Decisions that, when they occur until the presentation of an Oil or Natural Gas Discovery Assessment Plan to the Operating Committee, are submitted to deliberation D4 and, when they occur after the presentation of an Oil or Natural Gas Discovery Assessment Plan to the Operating Committee, submit to D3 deliberation.
Sample 1

Related to Table of Competences and Resolutions

  • Order of Precedence; Incorporation by Reference Any inconsistency or ambiguity in this Contract shall be resolved by giving precedence in the following order: (1) This Contract and attachments, (2) RFP document, (3) the CONSULTANT’s response to the RFP document, and (4) attachments prepared by the CONSULTANT. All of the foregoing are incorporated fully by reference.

  • Headings and Table of Contents The inclusion of headings and a table of contents in this Agreement are for convenience of reference only and will not affect the construction or interpretation hereof.

  • Priority of agreements, clauses and schedules 1.4.1 This Agreement, and all other agreements and documents forming part of or referred to in this Agreement are to be taken as mutually explanatory and, unless otherwise expressly provided elsewhere in this Agreement, the priority of this Agreement and other documents and agreements forming part hereof or referred to herein shall, in the event of any conflict between them, be in the following order:

  • Headings and References The headings of this Agreement are inserted for convenience only and neither constitute a part of this Agreement nor affect in any way the meaning or interpretation of this Agreement. When a reference in this Agreement is made to a Section, such reference shall be to a Section of this Agreement unless otherwise indicated.

  • Effect of Headings and Table of Contents The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof.

  • Construction; References; Captions Since the Parties or their agents have participated fully in the preparation of this Agreement, the language of this Agreement shall be construed simply, according to its fair meaning, and not strictly for or against any Party. Any term referencing time, days or period for performance shall be deemed calendar days and not work days. All references to Consultant include all personnel, employees, agents, and subconsultants of Consultant, except as otherwise specified in this Agreement. All references to City include its elected officials, officers, employees, agents, and volunteers except as otherwise specified in this Agreement. The captions of the various articles and paragraphs are for convenience and ease of reference only, and do not define, limit, augment, or describe the scope, content or intent of this Agreement.

  • TABLE OF CONTENTS ARTICLE I

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