Common use of Controversy Clause in Contracts

Controversy. It will have the meaning foreseen in Article 43. (A controversy occurs when there is a discrepancy between the Parties under this Contract, including its existence, validity, interpretation, execution, compliance and termination).

Appears in 3 contracts

Sources: Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons