Common use of Transition Stage for Startup Clause in Contracts

Transition Stage for Startup. Beginning on the Effective Date, a one hundred and twenty (120) Business Days period will begin during which the Contract Area will be delivered to the Contractor by the CNH or to a third party designated for such purpose. This process shall be conducted as follows: (a) The CNH will provide the Contractor with the information available at the Effective Date regarding Xxxxx and Materials, including the Asset Inventory, the environmental authorizations of the Contract Area and, given the case, the Social Impact Study elaborated by the Ministry of Energy in accordance with the Applicable Laws; (b) The Contractor must document the existence and integrity status of Xxxxx and Materials. The CNH in coordination with the Ministry of Energy and with technical assistance of the Agency will supervise, in terms of the Applicable Law that the contractor or assignee in charge of the Contract Area before the Effective Date performs the activities regarding the Abandonment of Xxxxx and Materials without use for conducting the Petroleum Activities; (c) The Contractor shall submit the Social Impact Evaluation that will be prepared in accordance with the Hydrocarbons Law, its Regulation and any other Applicable Law, which must include at least the description of the project and its influence area, the identification and characterization of towns and communities located in the influence area, and the characterization, prediction and assessment of the social impacts prior to the beginning of the Petroleum Activities; (d) The Contractor must carry out the assessments that allow for the establishment of the Environmental Baseline prior to the beginning of the Petroleum Activities, as provided by the Agency, which shall allow the identification the Preexisting Damages. With the technical assistance of the Agency, the CNH shall supervise in terms of the Applicable Laws that the contractor or assignee in charge of the Contract Area before the Effective Date, is responsible for the expenses related with the restoration, compensation, characterization and remediation of the Preexisting Damages; (e) The CNH can join the Contractor during the Transition Stage for Startup directly or through an appointed third party in order to review and validate the performance of the activities in accordance with the Industry Best Practices and the Applicable Law; (f) Notwithstanding the provision in subparagraph g) of this Article 3.3, the Contractor shall assume full responsibility over the Contract Area and over their Xxxxx and Materials, and liabilities identified in accordance with the terms of this Contract ant the Applicable Laws, and (g) It will be considered as Preexisting Damages those documented in accordance with subparagraph (b) of this Article 3.3 or those determined in the Environmental Baseline in accordance with this Article 3.3 and the Article

Appears in 3 contracts

Samples: License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater), License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater), License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater)

AutoNDA by SimpleDocs

Transition Stage for Startup. Beginning on As of the Effective Date, a one hundred and twenty stage of ninety (12090) Business Days period will begin during take place in which the Contract Area will be delivered to the Contractor by the CNH or to a third party designated for such purpose. This process purpose will deliver to the Contractor the Contract Area and shall be conducted as follows: (a) The CNH will provide the Contractor with the information available at the Effective Date regarding Xxxxx and Materials, including the Asset Inventory, the environmental authorizations of and the information regarding social impacts in the Contract Area and, given the case, the Social Impact Study elaborated by the Ministry of Energy in accordance with the Applicable LawsArea; (b) The Contractor must document the existence and integrity status of Xxxxx and Materials. The CNH in coordination with the Ministry of Energy and with technical assistance of the Agency State will supervise, in terms of the Applicable Law supervise that the contractor or assignee in charge of the Contract Area before the Effective Date performs the activities regarding the Abandonment of Xxxxx and Materials without use for conducting the Petroleum Activities; (c) The Contractor shall submit must initiate the Social Impact Evaluation that will shall be prepared conducted in accordance with the Hydrocarbons Law, its Regulation Law and any other the Applicable LawLaws, which must include at least shall allow the description identification, characterization and prediction of social impacts, with the project and its influence area, the identification and characterization purpose of towns and communities located in the influence area, and the characterization, prediction and assessment of the establishing a social impacts base line prior to the beginning of the Petroleum Activities; (d) . The Contractor must carry out the assessments that allow for the establishment of the Environmental Baseline prior to the beginning of the Petroleum Activities, as provided by the Agency, which shall allow the identification the Preexisting Damages. With the technical assistance of the Agency, the CNH shall State will supervise in terms of the Applicable Laws that the contractor or assignee in charge of the Contract Area before the Effective Date assumes the identified social liabilities derived from the conduction of the Petroleum Activities conducted prior to the Effective Date; (d) The Contractor must perform the assessments that allow the identification, is responsible for characterization and prediction of environmental liabilities through a third party authorized by the Mexican Entity of Accreditation, prior authorization from CNH, with the purpose of establishing an environmental base line prior to the beginning of the Petroleum Activities. The State shall supervise that the contractor or assignee in charge of the Contract Area prior to the Effective Date assumes the expenses related with the restorationsettlement, compensation, characterization cleaning and remediation of the Preexisting Damages; (e) The preexisting environmental liabilities; CNH can will be able to join the Contractor during the Transition Stage for Startup directly or through an appointed third party in order to review and validate that the performance of the activities are in accordance with the Industry Best Practices and the Applicable Law; (f) Notwithstanding ; At the provision in subparagraph g) end of this Article 3.3, the Transition Stage for Startup the Contractor shall assume full responsibility over the Contract Area and over their Xxxxx and Materials, and except for such liabilities identified in accordance with the terms of this Contract ant the Applicable Lawssubparagraphs (b), (c) and (d) above, and (g) It will be considered as Preexisting Damages those documented in accordance with subparagraph (b) of this Article 3.3 or those determined in the Environmental Baseline in accordance with this Article 3.3 and the Article

Appears in 2 contracts

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

Transition Stage for Startup. Beginning on the Effective Date, a one hundred and twenty (120) Business Days period will begin during which the Contract Area will be delivered to the Contractor by the CNH or to a third party designated for such purpose. This process shall be conducted as follows: (a) The CNH will provide the Contractor with the information available at the Effective Date regarding Xxxxx and Materials, including the Asset Inventory, the environmental authorizations of the Contract Contractual Area and, given the case, the Social Impact Study elaborated by the Ministry of Energy in accordance with the Applicable Laws; (b) The Contractor must document the existence and integrity status of Xxxxx and Materials. The CNH CNH, in coordination with the Ministry of Energy and with technical assistance of the Agency Agency, will supervise, in terms of the Applicable Law Law, that the contractor or assignee in charge of the Contract Area before the Effective Date performs the activities regarding the Abandonment of Xxxxx and Materials without use for conducting the Petroleum Activities; (c) The Contractor shall submit present the Social Impact Evaluation that will be prepared in accordance with the Hydrocarbons Law, its Regulation and any other Applicable Law, which must include at least the description of the project and its influence area, the identification and characterization of towns and communities located in the influence area, and the characterization, prediction and assessment of the social impacts prior to the beginning of the Petroleum Activities; (d) The Contractor must carry out the assessments that allow for the establishment of the Environmental Baseline prior to the beginning of the Petroleum Activities, as provided by the Agency, which shall allow the identification the Environmental Damages and Preexisting Damages. With the technical assistance of the Agency, the CNH shall supervise in terms of the Applicable Laws that the contractor or assignee in charge of the Contract Area before the Effective Date, is hold responsible for the expenses related with the restoration, compensation, characterization and remediation of the Preexisting Damages; (e) The CNH can join the Contractor during the Transition Stage for Startup directly or through via an appointed third party in order to review and validate the performance of the activities in accordance with the Industry Best Practices and the Applicable Law; (f) Notwithstanding the provision in subparagraph (g) of this Article 3.3, the Contractor shall assume full responsibility over the Contract Area and over their Xxxxx and Materials, and liabilities identified in accordance with the terms of this Contract ant and the Applicable Laws, and (g) It will be considered as Preexisting Damages those documented in accordance with subparagraph (b) of this Article 3.3 or those determined in the Environmental Baseline in accordance with this Article 3.3 and the Article

Appears in 2 contracts

Samples: License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater), License Contract for the Exploration and Extraction of Hydrocarbons (Deepwater)

Transition Stage for Startup. Beginning on As of the Effective Date, a one hundred and twenty stage of ninety (12090) Business Days period will begin during take place in which the Contract Area will be delivered to the Contractor by the CNH or to a third party designated for such purpose. This process purpose will deliver to the Contractor the Contract Area and shall be conducted as follows: (a) The CNH will provide the Contractor with the information available at the Effective Date regarding Xxxxx and Materials, including the Asset Inventory, the environmental authorizations of and the information regarding social impacts in the Contract Area and, given the case, the Social Impact Study elaborated by the Ministry of Energy in accordance with the Applicable LawsArea; (b) The Contractor must document the existence and integrity status of Xxxxx and Materials. The CNH in coordination with the Ministry of Energy and with technical assistance of the Agency State will supervise, in terms of the Applicable Law supervise that the contractor or assignee in charge of the Contract Area before the Effective Date performs the activities regarding the Abandonment of Xxxxx and Materials without use for conducting the Petroleum Activities; (c) The Contractor shall submit must initiate the Social Impact Evaluation that will shall be prepared conducted in accordance with the Hydrocarbons Law, its Regulation Law and any other the Applicable LawLaws, which must include at least shall allow the description identification, characterization and prediction of social impacts, with the project and its influence area, the identification and characterization purpose of towns and communities located in the influence area, and the characterization, prediction and assessment of the establishing a social impacts base line prior to the beginning of the Petroleum Activities; (d) . The Contractor must carry out the assessments that allow for the establishment of the Environmental Baseline prior to the beginning of the Petroleum Activities, as provided by the Agency, which shall allow the identification the Preexisting Damages. With the technical assistance of the Agency, the CNH shall State will supervise in terms of the Applicable Laws that the contractor or assignee in charge of the Contract Area before the Effective Date assumes the identified social liabilities derived from the conduction of the Petroleum Activities conducted prior to the Effective Date; (d) The Contractor must perform the assessments that allow the identification, is responsible for characterization and prediction of environmental liabilities through a third party authorized by the Mexican Entity of Accreditation, prior authorization from CNH, with the purpose of establishing an environmental base line prior to the beginning of the Petroleum Activities. The State shall supervise that the contractor or assignee in charge of the Contract Area prior to the Effective Date assumes the expenses related with the restorationsettlement, compensation, characterization cleaning and remediation of the Preexisting Damagespreexisting environmental liabilities; (e) The CNH can will be able to join the Contractor during the Transition Stage for Startup directly or through an appointed third party in order to review and validate that the performance of the activities are in accordance with the Industry Best Practices and the Applicable Law; (f) Notwithstanding At the provision in subparagraph g) end of this Article 3.3, the Transition Stage for Startup the Contractor shall assume full responsibility over the Contract Area and over their Xxxxx and Materials, and except for such liabilities identified in accordance with the terms of this Contract ant the Applicable Lawssubparagraphs (b), (c) and (d) above, and (g) It will be considered as Once the responsibility over the Contract Area is assumed, only Preexisting Damages those documented may proceed if they were determined in the environmental base line in accordance with subparagraph (b) of this Article 3.3 or those determined in the Environmental Baseline in accordance with this Article 3.3 and the Article14.

Appears in 1 contract

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

AutoNDA by SimpleDocs

Transition Stage for Startup. Beginning on the Effective Date, a one hundred and twenty ninety (12090) Business Days period will begin during which the Contract Area will be delivered to the Contractor by the CNH or to a third party designated for such purpose. This process shall be conducted as follows: (a) The CNH will provide the Contractor with the information available at the Effective Date regarding Xxxxx and Materials, including the Asset Inventory, the environmental authorizations of as well as the information regarding social impacts in the Contract Area and, given the case, the Social Impact Study elaborated by the Ministry of Energy in accordance with the Applicable LawsArea; (b) The Contractor must document the existence and integrity status of Xxxxx and Materials. The CNH in coordination with the Ministry of Energy and with technical assistance of the Agency State will supervise, in terms of the Applicable Law supervise that the contractor or assignee in charge of the Contract Area before the Effective Date performs the activities regarding the Abandonment of Xxxxx and Materials without use for conducting carrying out the Petroleum Activities; (c) The Contractor shall submit must begin the Social Impact Evaluation that will shall be prepared conducted in accordance with the Hydrocarbons Law, its Regulation Law and any other the Applicable LawLaws, which must include at least allow the description identification, characterization and prediction of the project and its influence areasocial impacts, the identification and characterization of towns and communities located in the influence area, and the characterization, prediction and assessment of the social impacts order to establish a Social Baseline prior to the beginning of the Petroleum Activities. The State will supervise that the contractor or assignee in charge of the Contract Area before the Effective Date assumes the identified social liabilities derived from the Petroleum Activities conducted prior to the Effective Date; (d) The Contractor must carry out the assessments that allow for the establishment of the Environmental Baseline prior to the beginning of the Petroleum Activities, as in accordance with the procedures provided by the Agency, which shall allow the identification the Environmental Damages and Preexisting Damages. With the technical assistance of the Agency, the CNH The State shall supervise in terms of the Applicable Laws that the contractor or assignee in charge of the Contract Area before the Effective Date, is responsible for the expenses related with the restoration, compensation, restoration and compensation for the Environmental Damages and the characterization and remediation of the Preexisting Damages; (e) The CNH can join the Contractor during the Transition Stage for Startup directly or through an appointed third party in order to review and validate the performance of the activities in accordance with the Industry Best Practices and the Applicable Law; (f) Notwithstanding the provision in subparagraph g) of this Article 3.3, the The Contractor shall assume full responsibility over the Contract Area and over their Xxxxx and Materials, and liabilities identified in accordance with the terms of this Contract ant the Applicable Laws, and (g) It will be considered as Once the responsibility over the Contract Area is assumed, Preexisting Damages those documented in accordance with subparagraph (b) of this Article 3.3 or those may only proceed if they were determined in the Environmental Baseline in accordance with this the Article 3.3 and the Article14.

Appears in 1 contract

Samples: License Contract for the Extraction of Hydrocarbons

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