TERM AND TERMINATION OF THE CONTRACT. The term of this Contract shall be for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
Appears in 19 contracts
Samples: Production Sharing Contract, Production Sharing Agreement, Production Sharing Agreement
TERM AND TERMINATION OF THE CONTRACT. The term duration of this Contract shall be commence from the date of execution of this Contract and shall continue for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
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TERM AND TERMINATION OF THE CONTRACT. The term duration of this Contract shall be commence from the Effective Date and shall continue for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
Appears in 1 contract
Samples: Revenue Sharing Contract
TERM AND TERMINATION OF THE CONTRACT. The term duration of this Contract shall be commence from the Effective Date and shall continue for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or LeaseLease (the “Term”).
Appears in 1 contract
Samples: Revenue Sharing Contract
