Participating Interests, Obligations of Right Holders and Term of the EPA. 1. This EPA enters into force on the Effective Date. As of the Effective Date, pursuant to Article 19-2 of the Law no 132/2010 (OPR Law), the Right Holders shall be deemed to have formed an unincorporated joint venture, on the terms set forth herein. In accordance with Article 8 of the Decree no 10289/2013 (PAR), within thirty (30) days of the Effective Date, each Right Holder shall have in place, and shall maintain during the term of this EPA, a legal presence in Lebanon appropriately staffed and authorized to manage, in accordance with applicable Lebanese law, all aspects of rights and obligations related to or arising قوقحلا باحصأ تابجوم ،ةكراشملا بسن 6 ةداملا ةيقافتلاا ةدمو .ذافنلا خيرات يف ذيفنتلا زيح ةيقافتلاا هذه لخدت .1 ةداملا ىلإ داـــنتسلاابو ،ذافنلا خيرات نم ءً ادتبا دراوملا نوناق) 2010/132 مقر نوناقلا نم 19.2 قوقحلا باحصأ ربتعي ،(ةيرحبلا هايملا يف ةيلورتبلا ريغ ةيراجت ةكارش مهنيب ام يف اوأشنأ دق مهنأ .اهيف اهيلع صوصنملا ماكحلأل ًاقفو ،ةجمدنم مقر موسرملا نم 8 ةداملا ىلا دانتسلااب ةقلعتملا دعاوقلاو ةمظنلأا) 2013/10289 نم اموي )30( نيثلاث للاخو ، (ةيلورتبلا ةطشنلأاب سسؤي نا قح بحاص لك ىلع بجي ،ذافنلا خيرات اذه ىلع ظفاحي ناو ،نانبل يف اينوناق ًانايك هل نوكي نا ىلع ،ةيقافتلاا ةدم للاخ ينوناقلا نايكلا بسانم لمع قيرفب ًادوزم ينوناقلا نايكلا اذه تابجوملاو قوقحلا هجوا عيمج ةرادإ هل ًازاجمو
2. On the Effective Date of this EPA, the respective Participating Interests of [X], [Y] and [Z] are: [X]: [...] percent (. %); [Y]: [...] percent (. %); and [Z]: [...] percent (. %)
3. The obligations of the Right Holders under this EPA and in respect of all Petroleum Activities shall be joint and several, except in respect of (i) any obligation of an individual Right Holder to pay taxes pursuant to Article 26 of this EPA, or (ii) the confidentiality obligations set forth in Article 35 of this EPA. The Right Holders may enter into agreements among themselves for the apportionment of liability or indemnification, but no such agreement shall affect the joint and several nature of the obligations of the Right Holders hereunder. Any such agreements shall be submitted to the Minister for approval in accordance with Article 65-1 of the Law no 132/2010 (OPR Law).
4. Without prejudice to the joint and several liability of the Right Holders, concurrently with the signature of this EPA, each of the following Right Holders has provided to the Minister a guarantee of its obligations hereunder from the guarantor set forth opposite its name, substantially in the form of Annex E to...
