Examples of Contractor Entity in a sentence
The GOVERNMENT and any Public Company which may be a CONTRACTOR Entity at any time hereby fully and irrevocably waives any claim to immunity for itself or any of its assets.
Upon the GOVERNMENT’s prior written notice of at least ninety (90) days, each CONTRACTOR Entity shall provide all reasonably necessary assistance to the GOVERNMENT for the sale of all or part of the quantities of Crude Oil to which the GOVERNMENT is entitled, in consideration of a sales commission per Barrel to be established with reference to prudent international petroleum practice and to be mutually agreed upon between the Parties.
For the funding of Petroleum Operations, each CONTRACTOR Entity shall be entitled to have recourse to external financing from either its Affiliated Companies or from any third parties.
The GOVERNMENT shall indemnify each CONTRACTOR Entity upon demand against any liability to pay any Taxes assessed or imposed upon such entity which relate to any of the exemptions granted by the GOVERNMENT under this Article 31.1, and under Articles 31.4 through 31.11.
In conducting its Petroleum Operations, the CONTRACTOR shall have the right to use any Affiliate of each CONTRACTOR Entity, its and their Subcontractors, and the employees, consultants, and agents of each of the foregoing.
Any CONTRACTOR Entity proposing to sell, assign, transfer or otherwise dispose of all or part of its rights and interests under this Contract to any such third party shall request such consent in writing, which request shall be accompanied by reasonable evidence of the technical and financial capability of the proposed third party assignee.
The CONTRACTOR, any CONTRACTOR Entity, its Affiliates, any Subcontractor or any agent of any of the foregoing shall have the right to re-export from the Kurdistan Region and other parts of Iraq free from all Taxes on export any material, equipment, goods, consumables and products that are no longer required for the Petroleum Operations, except where title has passed to the GOVERNMENT in accordance with Article 20, in which case re-export shall be approved by the Management Committee.