Common use of Assessment of Commerciality Clause in Contracts

Assessment of Commerciality. 9.2.1 Contractor shall commence the Appraisal work program, which may include conducting studies, within thirty (30) Days from the date of its final submission to the Operations Committee or otherwise the Discovery Area shall be relinquished, except as set out in Sub-Article 3.2.

Appears in 3 contracts

Samples: www.sec.gov, Production Sharing Contract (Kosmos Energy Ltd.), Kosmos Energy Ltd.

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Assessment of Commerciality. 9.2.1 10.2.1 Contractor shall commence the Appraisal work program, which may include conducting studies, within thirty (30) Days from the date of its the final submission of the Appraisal work program pursuant to the Operations Committee or otherwise Sub-Article 10.1.4, failing which the Discovery Area shall be deemed to have been relinquished, except as set out in Sub-Article 3.23.3.

Appears in 1 contract

Samples: Sharing Contract

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