CRC Contracts definition
Examples of CRC Contracts in a sentence
NOTE: CRC Contracts sold prior to May 1, 2012 that renew after such date are not in scope for reinsurance.
CRC agrees that it will use its commercially reasonable efforts to obtain or provide replacement agreements with Third Parties for agreements between such Third Parties and OPC or any member of the OPC Group that are CRC Contracts and cannot be assigned to CRC.
Additionally, the Contractor shall notify CRC, Contracts Division in writing within ten (10) working days of any changes to the subcontractor and/or consultant information.
CRC Contracts with OPC Group Guarantor or Obligor This SEPARATION AND DISTRIBUTION AGREEMENT, made and entered into effective as of November 25, 2014 (this “Agreement”), is by and between Occidental Petroleum Corporation, a Delaware corporation (“OPC”), and California Resources Corporation, a Delaware corporation and wholly owned subsidiary of OPC (“CRC”).
CRC agrees that it will use its commercially reasonable efforts to obtain or provide replacement agreements with third parties for agreements between such third parties and OPC or any member of the OPC Group that are CRC Contracts and cannot be assigned to CRC.